Abhyudaya Co-Operative Bank Ltd

Prosperity through Co-operation

General Information
Company Name
Abhyudaya Co-Operative Bank Ltd
Founded Year
1964
Location (Offices)
Mumbai, India +1
Founders / Decision Makers
Number of Employees
421
Industries
-
Funding Stage
-
Social Media

Abhyudaya Co-Operative Bank Ltd - Company Profile

Abhyudaya Co-Operative Bank Ltd is a financial institution founded in 1964, with the slogan of "Prosperity through Co-operation." Initially established as a credit society by a group of social workers and labor movement activists, the bank aimed to serve the economically weaker sections of society, particularly the low-income industrial labor and lower-middle-class communities in the Kalachowki, Sewri, and Parel areas. In a short span, it transformed into an Urban Co-op Bank, and in June 1965, it officially became Abhyudaya Co-op. Bank Ltd. The bank's dedication to the cooperative spirit and its focus on the prosperity of its members reflect its mission to support the community economically. Despite the lack of specific information on recent developments such as industries, headquarters, and last investments, the bank's historical significance and commitment to social welfare make it an interesting prospect for potential investors.

Taxonomy: Co-operative Banking, Financial Inclusion, Industrial Workers Support, Urban Economic Development, Community Banking, Microfinance, Socioeconomic Empowerment

Funding Rounds & Investors of Abhyudaya Co-Operative Bank Ltd (0)

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There is no investment information

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