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Last updated on : 7/4/2008
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)

  31/03/200431/03/200531/03/200631/03/2007
Share Capital 21.6825.7525.7028.75
Reserves 73.5291.13104.65116.31
Deposits 1032.641082.541172.621289.52
Advances 670.98722.99733.16928.77
Net NPA (in %) 2.714.273.821.60
Working Capital 1184.551279.581353.441504.19
Net Profit Before Tax 14.4112.5711.4015.39
Net Profit After Tax 14.4112.5711.4011.04
Capital to Risk Assets Ratio (CRAR) 14.4313.8913.9014.38

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 Depositors' Association, Mumbai', for our 'WORK ETHICS ORIENTED TO DEPOSITOR SERVICE'.
  • Award for winning FIRST rank for eight years in succession, amongst the Urban Co-operative Banks in mumbai Region, awarded by the 'Maharashtra State Co-operative Banks' 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

  • Receipent of "Yuvak Mudra State Level Co-operative Bank competition 2000" for the year 1999-2000
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.
  • Currency Chest
  • Floating Rate on Home Loans
  • Interconnectivity of all 18 ATM's (Automated Teller Machine)
  • 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.

 


ATM in Major Branches
Branch All over Bombay.

Services
All computerized Banking.

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