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.
The following are the
Financial Highlights:
Financial
Highlights
(Rs. in Crores)
| |
March 2007 | March 2008 | March 2009 | March 2010 (Audited) |
| Share Capital |
28.75 | 33.09 | 43.60 | 63.94 |
| Reserves |
116.31 | 126.94 | 180.10 | 204.24 |
| Deposits |
1289.52 | 1403.13 | 1712.07 | 2540.28 |
| Advances |
928.77 | 804.93 | 1252.79 | 1897.84 |
| Net NPA (in %) |
1.60 % | 1.33 % | 1.42 % | 0.40 % |
| Working Capital |
1504.19 | 1640.46 | 2126.53 | 2997.93 |
| Net Profit Before Tax |
15.48 | 35.89 | 35.41 | 35.52 |
| Net Profit After Tax |
11.04 | 27.90 | 30.67 | 27.06 |
| Capital to Risk Assets Ratio (CRAR) |
14.38 % | 14.49 % | 13.36 % | 13.33 % |
|
Audit
Class : "A" (Since 1988 - 89)
- 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
- Features of Internet Banking is as follows:- View Account balances and transactions View and download statement of accounts View Inward Clearing instruments for the day Cheque book request.
- 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 35 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 6000 ATM centers of Bank of India, Axis Bank, IDBI Bank, The Shamrao Vithal Co-operative Bank Ltd., The Greater Bombay Co-operative Bank Ltd, Saraswat Bank Limited and The Thane Janata Sahakari Bank.
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