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Cosmos Co-operative Bank Ltd

The Cosmos Co-operative Bank Ltd. (Cosmos Bank), established in 1906, is one of the oldest Urban Co-operative Banks in India. Cosmos Bank celebrated its centenary on 18 January 2006. It is one of the first co-operative banks in the country to implement Core Banking System (CBS) across the entire network of its then 140 service outlets using Finacle-Infosys Core Banking Software. It also received an authorized dealer (AD) license from the Reserve Bank of India to become the third co-operative bank in India to have such a license in thirty years.

Cosmos Co-operative Bank Ltd.
Company typeMulti State Co-operative Bank
IndustryFinancial services
Founded1906
FounderN.C. Kelkar
HeadquartersPune, India
ProductsCommercial banking
Retail banking
Private banking
Revenue 3,790.8 million (US$47 million) (2020)[1]
−543.4 million (US$−6.8 million) (2020)[1]
Number of employees
2,714 (2020)
WebsiteOfficial Website

The bank is headquartered in Pune in its Corporate Office at Cosmos Tower, Ganeshkhind Road, Shivajinagar, Pune.

This bank was founded on 18 January 1906 in Pune by Krishnaji Sadashiv Gore and Shankar Hari Barve. The first Chairman of the Cosmos Bank was Sahitya Samrat N.C. Kelkar alias Tatyasaheb Kelkar. On 1 December 1990, Cosmos Bank received the Scheduled status and within a short span of just 7 years, on 28 November 1997 the Bank was awarded the 'Multi-State' status. The Cosmos Bank is operative in 7 States of India, viz., Maharashtra, Gujarat, Madhya Pradesh, Karnataka, Andhra Pradesh, Telangana and Tamil Nadu through its 140 branches. Bank has more than 2 Millions customers and 79,000 shareholders.[citation needed]

Cosmos Bank is the first bank in co-operative sector to be granted permission to operate a Currency Chest. Cosmos Bank has a Currency Chest in Pune, offering services to other banks in Pune.[citation needed]

History edit

There was a heist of some kind. https://m.economictimes.com/prime/technology-and-startups/indias-biggest-bank-heist-how-pune-police-solved-the-cosmos-bank-case-and-put-money-mules-in-jail/primearticleshow/102581986.cms

Branches edit

Cosmos Bank has in total 5 regional offices with 140 service outlets in India. These are spread across 7 states and in 39 major Indian cities. Those are as follows:

See also edit

References edit

External links edit

  • COSMOS Bank Website


cosmos, operative, bank, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, au. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Cosmos Co operative Bank Ltd news newspapers books scholar JSTOR August 2021 Learn how and when to remove this template message The Cosmos Co operative Bank Ltd Cosmos Bank established in 1906 is one of the oldest Urban Co operative Banks in India Cosmos Bank celebrated its centenary on 18 January 2006 It is one of the first co operative banks in the country to implement Core Banking System CBS across the entire network of its then 140 service outlets using Finacle Infosys Core Banking Software It also received an authorized dealer AD license from the Reserve Bank of India to become the third co operative bank in India to have such a license in thirty years Cosmos Co operative Bank Ltd Company typeMulti State Co operative BankIndustryFinancial servicesFounded1906FounderN C KelkarHeadquartersPune IndiaProductsCommercial bankingRetail bankingPrivate bankingRevenue 3 790 8 million US 47 million 2020 1 Net income 543 4 million US 6 8 million 2020 1 Number of employees2 714 2020 WebsiteOfficial WebsiteThe bank is headquartered in Pune in its Corporate Office at Cosmos Tower Ganeshkhind Road Shivajinagar Pune This bank was founded on 18 January 1906 in Pune by Krishnaji Sadashiv Gore and Shankar Hari Barve The first Chairman of the Cosmos Bank was Sahitya Samrat N C Kelkar alias Tatyasaheb Kelkar On 1 December 1990 Cosmos Bank received the Scheduled status and within a short span of just 7 years on 28 November 1997 the Bank was awarded the Multi State status The Cosmos Bank is operative in 7 States of India viz Maharashtra Gujarat Madhya Pradesh Karnataka Andhra Pradesh Telangana and Tamil Nadu through its 140 branches Bank has more than 2 Millions customers and 79 000 shareholders citation needed Cosmos Bank is the first bank in co operative sector to be granted permission to operate a Currency Chest Cosmos Bank has a Currency Chest in Pune offering services to other banks in Pune citation needed Contents 1 History 2 Branches 3 See also 4 References 5 External linksHistory editThere was a heist of some kind https m economictimes com prime technology and startups indias biggest bank heist how pune police solved the cosmos bank case and put money mules in jail primearticleshow 102581986 cmsBranches editCosmos Bank has in total 5 regional offices with 140 service outlets in India These are spread across 7 states and in 39 major Indian cities Those are as follows Andhra Pradesh Vijayawada Gujarat Ahmedabad Ankleshwar Baroda Bhavnagar Bhuj Gandhidham Rajkot Surat Karnataka Bangalore Belgaum Nipani Madhya Pradesh Indore Maharashtra Amravati Aurangabad Baramati Bhusawal Jalgaon Jalna Kolhapur Mumbai Nagpur Nashik Phaltan Pune Sangli Satara Solapur Thane Yavatmal Tamil Nadu Chennai Coimbatore Telangana Hyderabad SecundarabadSee also edit nbsp Banks portalBanking in IndiaReferences edit a b https www cosmosbank com wp content uploads 2020 10 114 Annual Report Soft Copy pdf bare URL PDF External links editCOSMOS Bank Website nbsp nbsp This article about an Indian company is a stub You can help Wikipedia by expanding it vte nbsp This Asian bank related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Cosmos Co operative Bank Ltd amp oldid 1170993341, wikipedia, wiki, book, books, library,

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