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ABHINANDAN URBAN CO-OP BANK LTD., AMRAVATI

Registration No. & Date: ATI/ATI/BNK(O)311/97/DATE31.03.1997

RESERVE BANK LICENCE NO. & DATE: UBDMAHA1547P/DATE19.02.1998

OUR BANK INFORMATION
  • 24.10.1998
  • HUKAMCHAND DAGA
  • SUDARSHAN GANG
FIRST BOARD OF DIRECTORS
  • LATE MR. RAJENDRAJI LUNAWAT
  • SUDARSHAN GANG
  • LATE MR. SUBHASHJI JAIN, LALCHAND BHANSALI, LATE DR. MAHENDRAJI BHANSALI, LATE MR. AJITJI DEWDA, ADV VIJAY BOTHRA, KAWRILAL OSTWAL, LATE MR. DAMODARJI TEMBHE, LATE MR. PRABHAKARJI PANDE MRS. SARALA BHANSALI, MRS. RAJANI SINGHAI, VASANT GAWAI, JUGALKISHOR PATERIYA, LATE MR. SANDIPJI DAGA, SUDHIR SHAH (CO-OPTED – DIRECTOR) & SHYAMLAL KHATRI (CO-OPTED – DIRECTOR)
EXISTING BOARD OF DIRECTORS
  • ADV. VIJAY BOTHRA
  • DR. SURENDRA BARDIA
  • HUKAMCHAND DAGA, SUDARSHAN GANG, KAWRILAL OSTWAL, RAJENDRAKUMAR SINGHAI, RAJENDRA BHANSALI, KISHOR BOKARIYA, GAURAV LUNAWAT, ARUN KADU, SUNIL SARODE, SHANKAR SHINDE, MRS. SARALA BHANSALI, SMT. KIRAN JAIN. SHIVAJI DETHE ( CHIEF EXECUTIVE OFFICER)
PRESIDENTS’ TERM SINCE ESTABLISHMENT OF BANK
  • 02/05/1997 TO 01/05/2000
  • 02/05/2000 TO 10/05/2001
  • 11/05/2001 TO 27/05/2003
  • 28/05/2003 TO 12/04/2004
  • 13/04/2004 TO TILL DATE
BRANCHES OPNING INFORMATION
SR. NO.
BRANCH NAME DATE OF OPENING INAUGURATED BY
1
MAIN BRANCH 24.10.1998 Hon’ble Vinayakraoji Korde  (Guardian Minister)
2
PARATWADA 27.01.2004 Hon’ble Mr. Zalke Sir (District Deputy Registrar)
3
BADNERA 01.08.2009

Hon’ble Dr. Sunil Deshmukh
(Cabinet Minister, Maharastra)

Hon’ble Mr. Anandraoji Adsul , MP

Hon’ble Mrs. Sulbhatai Khodke , MLA

4
NEW COTTON MARKET 01.08.2009

Hon’ble Dr. Sunil Deshmukh
(Cabinet Minister, Maharastra)

Hon’ble Mr. Anandraoji Adsul , MP

Hon’ble Mrs. Sulbhatai Khodke , MLA

5
HEAD OFFICE & ABHINANDAN SABHAGRUH 15.04.2010 Hon’ble Mr. Amitesh Kumar
(Commissioner of Police
6
ACHALPUR CITY 26.08.2012

Hon’ble Mr. Anandraoji Adsul, MP

Hon’ble Mr. Bachchuji Kadu, MLA

Hon’ble Mrs. Vasudhatai Deshmukh
(Ex-Cabinet Minister , Maharashtra)

7
CHANDUR BAZAR 16.06.2014

Hon’ble Mr. Anandraoji Adsul, MP

Hon’ble Mr. Bachchuji Kadu, MLA

Hon’ble Mrs. Vasudhatai Deshmukh
(Ex-Cabinet Minister , Maharashtra)

8
DHAMANGAON RAILWAY 29.12.2014

Honble Mr. Pravinji Pote
(Minister of PWD, Industry & Minerals ,Maharashtra and Guardian Minister – Amravati)

Hon’ble Mr. Arunji Adsal ,Ex-MLA

Hon’ble Mr. Virendraji Jagtap, MLA

9
NAGPUR 29.03.2015

Hon’ble Mr. Nitinji Gadkari , MP
(Minister of Transport, Highways, Ship-building)

Hon’ble Mr. Chandrshekharji Bawankule , MLA
(Minister of Power, Maharashtra & Guardian Minister, Nagpur)

Hon’ble Mr. Vijayji Darda , MP (Rajya Sabha)

Hon’ble Mr. Ajayji Sancheti , MP (Rajya Sabha)

Hon’ble Mr. Vikasji Kumbhare, MLA

Hon’ble Mr. Krushnaji Khopde, MLA

Hon’ble Mr. K. Ravi – DGM DCB RBI, Nagpur

BUSINESS OF THE BANK
PARTICULARS FIRST YEAR 31.03.1999 FINANCIAL YEAR 31.03.2022
SHARE HOLDER 1530 5349
SHARE CAPITAL ₹ 15.00 Lakhs ₹ 494.87 Lakhs
WORKING CAPITAL ₹ 107.00 Lakhs ₹ 31269.54 Lakhs
INVESTMENT Nil ₹ 12157.86 Lakhs
EMPLOYEE STRENTH 7 70
DEPOSIT ₹ 86.00 Lakhs ₹ 26738.24 Lakhs
LOAN ₹ 44.00 Lakhs ₹ 16357.20 Lakhs
TOTAL BUSINESS ₹ 130.00 Lakhs ₹ 43095.44 Lakhs
PROFIT / LOSS ₹ 2.70 Lakhs ₹ 361.38 Lakhs
INFORMATION ABOUT BANKING PROFIT & LOSS POSITION
Our bank is maintaining “Class A” is from the beginning
NET PROFIT
₹ 361.38 LAKHS
₹ 387.29 LAKHS
₹ 284.15 LAKHS
₹ 250.40 LAKHS
₹ 259.79 LAKHS
₹ 190.96 LAKHS
₹ 172.00 LAKHS
₹ 128.80 LAKHS
₹ 140.31 LAKHS
₹ 109.86 LAKHS
₹ 85.13 LAKHS
₹ 94.13 LAKHS
₹ 58.63 LAKHS
₹ 100.94 LAKHS
₹ 84.48 LAKHS
₹ 59.55 LAKHS
₹ 50.75 LAKHS
₹ 28.83 LAKHS
₹ 13.46 LAKHS
₹ 16.68 LAKHS
₹ 11.68 LAKHS
₹ 6.06 LAKHS
₹ 2.70 LAKHS (LOSS)
OUR BANK’S CRAR
₹ 21.49 %
₹ 20.69 %
₹ 19.40 %
₹ 18.15 %
₹ 19.95 %
₹ 19.23 %
₹ 18.03 %
₹ 18.59 %
₹ 18.92 %
₹ 18.42 %
₹ 22.25 %
₹ 21.60 %
₹ 21.41 %
₹ 24.47 %
₹ 20.15 %
₹ 20.15 %
₹ 15.50 %
₹ 13.71 %
12.13 %
12.96 %
9.20 %

(As per Reserve Bank of India’s rules, CRAR must be at least 9%)

NUMBER OF SHARE HOLDERS DURING THE PERIOD 1999 TO 2022
5349
5356
5378
5311
5236
7016
6637
6637
6097
5610
5376
5141
4976
4753
4580
4275
4119
3963
3773
3519
2537
1530
SOCIAL WORK OF THE BANK

1. The Board of Directors of the Bank are aware of need to be a society oriented and socially committed banking business since its inception. From that point of view, the Board of Directors of Abhinandan Bank has always been at the forefront of various service activities. The Social work of the Bank is as follow: -

2. In the devastating earthquake in Gujarat in 2001, the people affected by the earthquake lost their everything. Our bank showed responsibility and courtesy to the affected people. The bank waived commissions on demand drafts for those who helped donations to those affected in the National Fund and the Prime Minister's Fund and also donated from the bank for the victims of the earthquake.

3. In 2002, our bank paid tribute to the martyrs by paying due respect to the families of the martyrs in Amravati District.

4. By showing responsibility towards environment, the bank jointly planted trees at the Shiv-Tekdi along with the Amravati Municipal Corporation and provided tree guards to protect the trees.

5. In 2004, members of the Board of Directors of Abhinandan Bank made individual donations and started an ambulance in association with the Rotary Club of Amravati, which is still providing services to the patients.

6. In 2004, due to the tsunami in South India, the victims had lost everything. Our bank showing responsibility for the victims waived commission on demand draft for those who helped donate people to the Prime Minister's Fund.

7. Inspired by Param Pujaniy Yogguru Ramdev Baba, the Yoga Camp was organized in 2006 at Vilas Nagar, Amravati. In 2007, the bank provided financial help for the marriage of two blind couples at the orphanage of Shankar Baba Papalkar of Wazhar in Paratwara.

8. Every year since 2008, special workshops on "awareness of banking" are organized for women.

9. Distributed educational-school related material to poor students in 2009. Provided financial help for Shri Gopal Govardhan Gaushala located in Patmetha (Rajasthan).

10. On the occasion of International Women's Day 8th March, women who have achieved remarkable achievements in various fields of society were honoured by Bank.

11. Every year bank organised workshops on "Banking Awareness" for BBA & MBA Students.

12. The bank has started the facility of pure and cold water for the thirsty people in the Amravati tehsil office under the name Abhinandan Panpoi.

13. The bank participates and contributes to the marathon competition held every year in Amravati.

14. In January 2015, the bank provided financial help to the organisers for various Vidarbha-level competitions for the blinds and handicaps in Amravati.

15. The bank had distributed information -book on traffic rules, information and related awareness to the students of schools and colleges.

16. Students should get an opportunity to express their latent artistic talent and be appreciated, so the bank organized a drawing competition for students from class 8 to 10 in 25 prestigious schools in Amravati district. Around 2000 students participated in that competition.

17. In supporting the concept of “ZADE LAWA – ZADE JAGAWA ", the bank presented saplings to all the Share Holders at the Annual General Meeting for the financial year 2014-2015.

18. 2000 villages were adopted under the Drought-Free campaign by the Pani Foundation and the Bharatiya Jain Organization. To help them, the bank also adopted a village and provided financial help of Rs 1 lakh.

19. In the year 2016-17, in the concept of Jalyukt Shivar, the directors and employees of the bank worked as a Labour - Voluntary work at Sadarawadi village, Dharani.

20. Directors and employees of the bank have always participated in public awareness campaigns run by the Government such as, tree plantation, Jalyukt Shivar, Body organ donation and Eye – donation Camp.

21. In the Maharashtra Drought Relief Campaign, the directors and employees of the bank have twice done Labour - Voluntary work for water conservation in Papal village.

22. In the year 2018, a check of Rs 51000/- was handed over to the Co-operative Commissioner by the bank as financial help to the victims of heavy rains in the state of Kerala.

23. Masks and sanitizers were distributed to police staff at Achalpur police station to protect police staff from the world pandemic Corona virus (Covid -19) infection.

24. A blood donation camp was jointly organized by the Jain organization and Abhinandan Bank for people infected with the world pandemic Corona virus (Kovid-19) infection. More than 175 people, including bank employees, donated blood.

25. For the citizens of India affected by the epidemic Corona virus, the Prime Minister of India and the Chief Minister of Maharashtra appealed to the citizens of the country for financial help. The bank showed responsibility towards the affected citizens and donated Rs. 5,02,000/- in the form of the help. ( Rs. 2,51,000/- given to the Prime Minister's Relief Fund and Rs 2,51,000 to the Chief Minister's Relief Fund.) Also, Bank's Board of Directors donated Rs 71,000/- and the employees of the bank donated one day salary, sum total of Rs 51,000/- for Corona Victims. Bank Director Mr. Sudarshanji Gang donated Rs. 31,000/- individually to the Prime Minister's Relief Fund.