The second largest urban cooperative bank in India after Saraswat Bank is busy planning to celebrate the 111th year of its glorious existence. “On Wednesday 18th January we would be completing 111th years”, said Milind Gadgil, Manager – Corporate Communications Group.
The UCB has planned a function in the evening when the Board and entire management would be meeting with customers and share-holders.
The Cosmos Tower in Pune has been dolled up for the occasion with lights and flowers adding flavours to the occasion.
The Cosmos Co-operative Bank Ltd was established in 1906 by Krishnaji Sadashiv Gore and Shankar Hari Barve. The first Chairman of the Cosmos Bank was Sahitya Samrat N.C. Kelkar alias Tatyasaheb Kelkar.
On December 1, 1990, Cosmos Bank received the Scheduled status and within a short span of just 7 years, on November 28, 1997 the Bank was awarded the ‘Multi-State’ status.
The Cosmos Bank is operative in 7 States of India, viz., Maharashtra, Gujarat, Madhya Pradesh, Karnataka, Andhra Pradesh, Telangana and Tamil Nadu through its 137 branches.