Cosmos Bank, one of the leading cooperative banks in the country, has significantly expanded its customer service network in Gujarat with the opening of 10 new branches, marking a major step in its growth strategy.
On March 25, the Gandhinagar branch was inaugurated by Dileepbhai Sanghani, Chairman of the Indian Farmers Fertilizer Cooperative Limited. The Changodar branch was inaugurated by Justice Jayesh Bhairavia, while the Navsari branch was inaugurated by Adv. Mukesh Shah, Member of the Board of Management, Cosmos Bank.
On March 27, the South Bopal branch was inaugurated by the Bank’s Director, Adv. Ghanshyambhai Amin. The Himmatnagar branch was inaugurated by Kantibhai Patel, Director of the National Federation of Urban Cooperative Banks & Credit Societies Ltd and Chairman of Khodiyar Cooperative Credit Society Ltd. The Vesu-Surat branch was inaugurated by Director Praveenkumar Gandhi, while the Katargam branch was inaugurated by Kanjibhai Bhalala, Director, NAFCUB and Chairman of the Board of Management of The Varaccha Cooperative Bank Ltd.
On March 30, the Nikol branch was inaugurated by B. K. Singhal, Chief General Manager of National Bank for Agriculture and Rural Development. The Science City branch was inaugurated by Ajaybhai Patel, Chairman of Gujarat State Cooperative Bank, and the Speedwell Chowk, Rajkot branch was inaugurated by Niraj Arya, Chairman of Utkarsh Ispat LLP and Utkarsh Bars Ltd.
With the addition of these branches, Cosmos Bank now operates 38 branches in Gujarat, taking its total network to 193 branches across the country. All newly opened branches are equipped with modern banking facilities, including lockers and a wide range of deposit and loan schemes. The Bank’s total business has crossed Rs 42,000 crore.
On the occasion, Chairman Pralhad Kokare, Directors Ajit Gijare and Sachin Apte, and Chairman of the Board of Management CA Milind Kale were present. CA Milind Kale stated that the Bank is planning large-scale expansion in South India and Western Maharashtra in the near future.