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Last updated on : 3/10/2010
Awards & Achievements


The PMC bank has commenced its operations on 13th February, 1984 with an aim to provide banking services that gives the customer utmost ease and convenience. With a short span of just 16 years, it has achieved SCHEDULED STATUS on 29/01/2000 and is the YOUNGEST CO-OPERATIVE BANK to achieve the status.


Awards & Achievements  

The following are the Financial Highlights:

 

Financial Highlights
(Rs. in Crores)

  March 2008March 2009September 2009December 2009
Share Capital 33.0943.6044.1853.35
Reserves 126.94180.10216.69224.12
Deposits 1403.131712.071986.292140.45
Advances 804.931252.791272.071484.86
Net NPA (in %) 1.33 %1.42 %1.24 %0.89 %
Working Capital 1640.462126.532362.482632.12
Net Profit Before Tax 35.8935.4111.1121.54
Net Profit After Tax 27.9030.676.5314.13
Capital to Risk Assets Ratio (CRAR) 14.49 %13.36 %12.67 %12.66 %

Audit Class : "A" (Since 1988 - 89)

AWARDS  
  • Awarded the FIRST prize as Best Bank for the year 2001-02, amongst Urban Co-operative Banks in Mumbai region having Working Capital of Rs.100 crores and above, in the competition held by the 'Brihan Mumbai Nagari Sahakari Banks Association, Mumbai'.
  • Felicitated by the 'All India Bank Depositor's Association, Mumbai', for our 'WORK ETHICS ORIENTED TO DEPOSITOR SERVICE'.
  • Award for winning FIRST rank for nine years in succession, amongst the Urban Co-operative Banks in mumbai Region, awarded by the 'Maharashtra State Co-operative Bank's Association'.
  • RECEIPENT OF BEST URBAN C0-OPERATIVE AWARD FOR CONSECUTIVELY NINE YEARS IN A ROW (awarded by the Maharashtra State Urban Co-operative Banks association)
    1995-1996
    1996-1997
    1997-1998
    1998-1999
    1999-2000
    2000-2001
    2001-2002
    2002-2003
    2003-2004

LATEST ADDITIONS :  
  • Personalised Cheque Books at all branches and extension counters
  • Unified licence of full fledged money changer to deal in foreign currency and for issuance of travellers' cheques.
  • Floating Rate on Home Loans
  • Payment of utility bills through PMC Bill Pay facility, "Free of Cost".
  • Any Branch Banking (ABB) for customers having the accounts with all branches and extension counters.
  • Interconnectivity of all 24 PMC ATM's (Automated Teller Machine)
  • Our customers can avail the ATM services for 'Cash Withdrawal' and 'Balance Enquiry' throughout the country from more than 5000 ATM centers of Bank of India, Axis Bank, IDBI Bank, The Shamrao Vithal Co-operative Bank Ltd. and The Greater Bombay Co-operative Bank Ltd.

 

Net Banking

ATM in Major Branches
Branch All over Bombay.

Services
All computerized Banking.

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