Published On : Tue, Apr 23rd, 2013
Business News | By Nagpur Today Nagpur News

Saraswat Bank opens 2 more branches in Nagpur

Nagpur News: A bank with a mission and vision ‘The Saraswat Co-Operative Bank Ltd’ opened its 2 more branches in Nagpur where in today they open 15 branches in Maharashtra and Gujarat.

The bank was inaugurated at the hands of two senior Directors Mr. Savaikar and Mr. Shyam Dawra. In his inaugural speech, Mr Savaikar said, “Since 1918, Saraswat Co-operative Bank has been serving the customers with a mission to prosper and make their life prosperous too.”

Talking to Nagpur Today Mr. Savaikar explained, “There are different categories in bank – large public sector, new private, old private, foreign banks, and urban co-operative banks. Each one has different size, however, urban co-operative banks are the smallest in the lot. Though they are subjected to same regulatory set up but size is small. So, these banks catered to small sections, but then Saraswat Bank has grown tremendously and has become largest bank in India and has gone beyond the traditional co-operative banks business profiles and now gives advances to corporate up to certain limit. But, it is trying hard to come out of purely co-operative profile or business to the commercial banking profile where you deal to small, medium, larger or together.”

Senior Director Shyam Dawra said, “We want to open more branches and no matter the customer is rich or poor but Saraswat aims is to look at customer’s needs. So, customers’ service is the priority. Hence, we have so many new products introduced for our customers, depositors and ones who want a happy banking.”