Year | Awards / Achievement |
2022-23 | ♦ The bank received “Best Performance Award – 2022-23” by Gujarat Rajya Sahkari Sangh, Ahmedabad. ♦ The bank received 3 “FCBA – 2021-22 Award” by Banking Frontier Magazine for "Best 360 Degree Customer Review", "Best Risk Management", and "Best Audit Initiative" and ♦ "BANCO Blue Ribbon Award" in Financially Sound and Well Management category. |
2021-22 | ♦ The bank received 2 “FCBA – 2020-21 Award” by Banking Frontier Magazine for "Best Co-operative Bank", "Best HR Innovation Bank-2021", ♦ "BANCO Blue Ribbon Award" in Financially Sound and Well Management category. |
2020-21 | ♦ The bank received 2 “FCBA – 2019-20 Award” by Banking Frontier Magazine for "Best Audit Initiative" and "Best Credit Growth" and ♦ "BANCO Blue Ribbon Award" in Financially Sound and Well Management category |
2019-20 | ♦ The bank received “FCBA – 2018-19 Award” for best Credit Growth by Banking Frontier Magazine at Goa. ♦ E-Stamp Facility has been started. |
2018-19 | ♦ Total Deposits of the bank crossed Rs.500 crore where Total Advances was on Rs.291 crore. ♦ The bank received “Banco Blue Ribbon Award – 2017-18” by Banco Magazine at Mumbai. |
2016-17 | ♦ Expansion of Area of Operation to Entire State of Gujarat. ♦ The bank has started 2 new branches at Bedi (Dist. Rajkot) and Zanzrda Road Branch at Junagadh. ♦ Started RuPay Debit cum ATM card Facility. |
2014-15 | ♦ Rajkot branch shifted in new bank’s own premises. ♦ Implementation of CBS and Any Branch Banking. |
2013-14 | ♦ The bank received “Best Performance Award – 2012-13” by Gujarat Rajya Sahkari Sangh, Ahmedabad. ♦ The Bank starts to purchase Personal Accident Insurance Policy for its Individual Members. |
2012-13 | ♦ Number of Share Holders crosses the figure of 20,000. ♦ NEFT/RTGS facility has been started. |
2011-12 | ♦ Advances reaches at Rs.100 crore with Deposits at Rs.175.93 crore. ♦ Una branch shifted in new bank’s own premises. |
2008-09 | ♦ Keshod branch shifted in new bank’s own premises. |
2007-08 | ♦ Your bank was declared as “0% Net NPA Bank”. |
2006-07 | ♦ Stamp Franking Facility at Main Branch. |
2000-01 | ♦ Deposits reaches at Rs.100 crore with Advances at Rs.67 crore. The year ended Net Profit was 1.01 crore. |
1998-99 | ♦ Number of Share Holders crosses the figure of 10,000. |
1996-97 | ♦ Bank Celebrates SILVER JUBILEE YEAR. ♦ In this single year the bank has started 3 new branches at Rajkot, Keshod and Manavadar cities with latest computerized “Branch on Button” system. |
1994-95 | ♦ The Bank has started 4th fully computerized branch at Junagadh city with centralized air-conditioned atmosphere. |
1992-93 | ♦ Your Bank become fully Computerized. |
1990-91 | ♦ The Bank completed 20 years with the Total of Reserves & Other Fund above Rs.1 crore. |
1988-89 | ♦ Inauguration of 3rd, Sutrapada Branch. |
1986-87 | ♦ Reserve Bank of India issued Banking License on 28-11-1986. |
1983-84 | ♦ Area of operation of the bank expanded out of Veraval city and bank has started 2 new branches. The first is Una branch and another is Rayon branch at Veraval. ♦ Head office and Main Branch was shifted in new own building with safe deposit locker facility. |
1982-83 | ♦ Net Profit of the bank reached at 5 lakh ceiling. |
1980-81 | ♦ Bank Celebrates DASHABDI MAHOTSAV. ♦ Bank launched New LOGO and started construction of own premises. |
1975-76 | ♦ First time Dividend was declared @ 9% to the members. |
1972-73 | ♦ Bank recorded maiden Profit for year ended on 30-06-1973. |
1971-72 | ♦ The Veraval Mercantile Co-operative Bank Ltd. received approval and Registration Number from registrar of Co-operative Societies, State of Gujarat and started banking business on 02-03-1972. |