Mumbai, Feb.18: The Maharashtra State Co-operative Banks Association Ltd., Mumbai (an Association of Co-operative Banks) at their 20th Annual Award Distribution Ceremony, awarded Model Co-operative Bank Ltd. 1st Prize for Best Bank among Co-operative Banks in Mumbai Region (in the category of Deposits above Rs.500 crores)
The function was held on Thursday, 18th February, 2016 at Swatantryaveer Savarkar Smarak Sabagriha, Dadar (W), Mumbai and was attended by Senior Management and Directors from Co-operative Banks. This Award is another milestone for Model Co-operative Bank, who had recently received 3rd Prize for Best Bank among Co-operative Banks in the category of deposits above Rs.300.00 crores to Rs.1500.00 crores from ‘The Brihan Mumbai Nagari Sahakari Banks Association Ltd., Mumbai as Financially Sound and Well Managed Bank (FSWM).
Mr. N. S. Vishwanathan, Executive Director, Reserve Bank of India presented the award to Chairman, Mr. Albert W. D’Souza, General Manger & CEO, Mr. William L. D’Souza and Addl. General Manager Mr. Harold M. Serrao.
The Bank has its roots in the Mangalorean Catholic Co-operative Credit Society Ltd., which was registered on 26th April, 1916. The Bank, which is celebrating 100 years of its foundation is proud to receive this award in recognition of its excellent services. The Bank is constantly riding the path of progress.
The Chairman, Mr. Albert W. D’Souza and Board of Directors have expressed their gratitude to all the Shareholders, Customers and Well Wishers.
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