(Reserve
Bank of India License No. U.B.D.U.P/1039P.)
Registration No. 1947
The
Almora Urban Co-operative Bank is a fast Growing Bank. The Minimum
standards decided by the Reserve Bank of India
for Urban Co-operative Banks to become viable were fullfilled in
just Six months after establishment of the Bank. Number of Members,
Share Capital, Deposit and working capital are increasing day By
day. Bank does not borrow any type of loan from any government or
financial institution. The audit of the Bank is done by the financial
department of Uttranchal government. Audit Department has Granted
“A” category to the bank which reflects
the excellent work of the bank.
The
Bank was established on 14 August 1991 with
an initial working capital of 2.56 lakhs and only one branch at
Almora.
Today the Bank has fully computerized 22 branches.
Computerized Branch
As on 31 st March 2009: Total working capital : 73000.00 Lacs
Total Deposit: 602.00 crores
Total Loan: 300 crores
Total Profit:1368.24 Lacs
The
Almora Urban Co-operative Bank is a fast Growing Bank. The Minimum
standards decided by the Reserve Bank of India
for Urban Co-operative Banks to become viable were fullfilled in
just Six months after establishment of the Bank. Number of Members,
Share Capital, Deposit and working capital are increasing day By
day. Bank does not borrow any type of loan from any government or
financial institution. The audit of the Bank is done by the financial
department of Uttranchal government. Audit Department has Granted
“A” category to the bank which reflects
the excellent work of the bank.
The
Bank was established on 14 August 1991 with
an initial working capital of 2.56 lakhs and only one branch at
Almora.