HISTORY OF BAPUJI CO-OPERATIVE BANK LTD.,

Bapuji Co-operative Bank Ltd., a leading Co-operative Bank in Karnataka was founded by Late Maganur Basappa & Others. Co-operators during the beginning of the Co-operative movement in our country, with prime object of encouraging thrift and savings habit among the public and to free the members from the clutches of private money lenders. The bank believes in consumer and poor-oriented approach.

Initially, the bank started as a Credit Co-operative Society in the year 1970 and later converted as Co-operative Bank on 02-09-1986. The bank began with 92 members, mobilized Share Capital of Rs.69,000-00 from them and also mobilized Deposits advances and disbursed dividend. Today the total business of the bank has crossed Rs.619.00 Crores and now it is placed in top ten Urban Co-operative banks in the State of Karnataka, having 8 branches and one head office spread across Davangere.

The Bank is functioning on the sound principles of Co-operation and successfully completed more than 48 years of banking service. The Bank is continuously making a profit since from the date of its inception and disbursing dividend to its members and ‘A’ Grade Audit classification. Visionary and transparent directors on the Board and dedicated professional Staffs are responsible for this achievement. Our Bank celebrated its Silver Jubilee in the year 1996.