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RAJKOT NAGARIK SAHAKARI BANK LTD
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Milestones

2018-2019
  • Maintenance of milestone profit of more than Rs. 100 Crores by earning Operating Profit of Rs. 117.76 Crores.
  • Renovation of below mentioned branches: 1) Padadhari 2) Jamnagar 3) Junction Plot 4) Jetpur
  • Purchase of new land for Gandhinagar branch.
  • Saving electricity to the extent of 50% by utilization of Solar Energy.
  • Credit facilities for purchase of Furniture and under Prime Minister Employment Generation Program (PMEGP)
2017-2018
  • Shifting of Vadodara and Malad branch to new spacious premises.
  • Purchase of land for construction of Bapunagar Branch.
  • Introduction of Mobile Banking Facility.
2016-2017
  • Operating Profit of Rs. 113.19 Crores.
  • Extension of Credit facilities for opening Generic Medicine Stores.
  • Opening of two new branches: 1) Kotharia Road and 2) Bhavnagar.
  • Shifting of Unjha branch to Halwad.
  • Achieved round the clock ATMs at all centres.
2015-2016
  • Four New Branches (1) Malad (2) Varachha Road (3) Gandhinagar (4) Nagpur and
  • One Extension Counter at Head Office,150 Feet Ring Road
  • Implement Pradhan Mantri Jivan Bima Yojna & Pradhan Mantri Suraksha Bima Yojna
  • Every RNSB Staff join in Swachhata Abhiyan
  • Permission for Off-Site ATM
  • Permission for BC - BF
2014-2015
  • Head Office transferred at New Building “Arvindbhai Maniar Nagarik Sevalay”
    150 Fee Ring Road, Rajkot.
  • Start three new branch (1) Ghatkopar (2) Bapunagar (3) 150 Feet Ring Road and
    One Extension Counter at V.V.P. Engineering College
  • Purchase new land for our branches (1) Gandhidham (2) Bapunagar (3) Jamnagar
  • Bank Business Cross the figure of Rs. 5000/- Crore.
  • Launch “Mukhya Mantri Awas Yojna”
  • Bank have started to issue ATM Cum Debit Card
  • Total 12 ATM Centre start in last year
  • Installed Two Coin Vending Machin (1) Parabazar Branch (2) 150 Feet Ring Road
  • New Services – Adhar Link – Non Adhar Subsidy (DBTL) – NACH (Credit – Debit)
  • “Lakshmanrav Inamdar Prashikshan Kendra”
2013-2014 Three new branches opened during the year:
  • Ghatkopar
  • Bapunagar
  • 150 feet Ring Road.
  • Raiya Road Branch has Shifted to its own Spacious Newly Air-conditioner Premises.
  • Extension Counter at VVP Engineering College, Rajkot.

Free Accident Insurance Facility given to Shareholder.
Bank establish Ru-pay ATM services to Facilitate its Customers.

Various Awards given to our bank by “Banking Frontier”, leading magazine of Banking World :

  • Best Product Innovation for Individual Customer.
  • Best Training Innovation.
  • Best New CBS Implementation.
  • Best NPA Management.

Apart from this, “Sahakar Setu – 2014” Oragnised by Gujarat Urban Co-operative Banks Federation, also recognized our Bank as the Bank with maximum members & gave away us an award i.e. “Award for Co-operative Inclusion” Out of 29 Branches, 24 branches Functioned in Bak's owned Building.
2012-2013
  • Our bank has gradually crossed the milestone of 2,50,000 members a huge co-operative family.
  • In ‘Low Cost Deposit Drive’ our bank has opened new 60000 Saving & Current Accounts.
  • Inauguration of Mobile Branch.
  • Pride of Rajkot’ awards given to various successful achievers in their respective field.
2011-2012
  • 11% Interest of one year tenure & got collected Deposit of 598.77 Crores. Under this Scheme.
  • We Introduced Auto Renewal Scheme Offering ten times Auto Renewal.
  • Historical Settlement being signed between ‘Jagrut Karmchari Mandal’ & BOD for Pay scales  linked up with that of S.B.I.
2010-2011 Bank has started NEFT service.

Incroduction Of policy 'Advanced Within 24 hours'Whithin a year of Introduction  of said policy ,more then 50% of advances application where sanctioned within 24 hours.
Bank had entered into agreement with 'FINCUS' for implementing their FINCORE CBS at all Branches.

Kalpataru Loan Scheme:

  • Historical Implementation to give Micro finance to ladies, belonging to poor section of the society got very good response & even provided without any security.
  • Regularity Repayment Award waiver of process charge
  • Our Bank Open new branches at following Places :
    1. Unja (Mehsana district)
    2. Vadodara.
  • Tremendous Addition in BPR:
  • 137 Policies on various matters of banking & day to day working of the branches have been put in place till year end.
2007-2008 Bank Awarded for a scheme "For total interest rebate to regular borrowers with limits
below Rs. 25000/-
2007-2008 Bank has started RTGS Service.
2006-2007 Bank has provided free coast BSNL mobile connections to our members.
2006-2007 Bank has been awarded for largest membership base by NAFCUB.
2005-2006

The Dolls Museum only the second of in kind in the country has taken shape at our
Yagnik Road Branch premises with the joint efforts of Rajkot Nagarik Sahakari Bank Ltd.
/Arvindbhai Maniar Jankalyan Trust and Rotary Midtown Club
2005-2006 Bank Treasury Department awarded ISO 9001-2000 Certification by TUV A German
 Organisation.
2003 Bank Celebrates GOLDEN JUBILEE YEAR.
2003 Net Profit Crosses Rs. 10 Crores, 25 % Dividend Was Declared.
2002 First Ever BRANCH OUTSIDE THE STATE OF GUJARAT WAS OPENED AT MUMBAI.
2001 BANK Starts DP Department, Start Offering Depository Services
(Demat Share & Security Trading). As Depository Participant Of CENTRAL DEPOSITORY
 SERVICES INDIA LIMITED (CDSIL).
2001 RESERVE BANK OF INDIA Gives License For Opening Branches At MUMBAI.
2001 BANK Was REGISTERED UNDER MULTI-STATE CO-OPERATIVE SOCIETY ACT. Area of Operation Was Extended Outside The State Of Gujarat.
2000-2001 Recognition Of Talent, GM Suresh Motiani Appointed As A Member Of Working Group On Asset Liability Management Committee of RESERVE BANK OF INDIA.
2000-2001 No Share Holder Member Crosses 2 Lacs (200,000+)
1999-2000 Deposit Base Crosses Rs. 500 Crores.
1996-1997 10th All India Inter Bank Cricket Tournament Was Organised By Bank.
1996-1997 More To Follow, Administration Of SICK Bank "Junagadh Vibhagiya Nagarik Bank, Junagadh" Was Undertaken.
1996-1997 RBI Permits The Bank To OPEN NR-NR Accounts.
1995-1996 Banking Operations At All The Branches Were Computerized. Software Was Developed In-House.
1994-1995 BANK Set a Unique Example in Co-Op Movement, Administration Of VCC was Handed Over to Elected Body Of VCC.
1993-1994 VCC Bank Records Profit Under Administration of BANK, Became Healthy From SICK.
1992 2nd All India Inter Bank CARROM tournament was Organized By BANK
 (IBA & BANK SPORT BOARD).
1991-1992 Staff Training Center Was Started.
1991-1992 No. Of Share Holder (Member) Crosses 1 Lac (100,000)
1989-1990 Administration Of SICK Bank "Vijay Commercial Co-Op Bank" Was Undertaken By the BANK
 On The Persuasion from RESERVE BANK OF INDIA & Co-Op Department Of Govt. Of Gujarat.
1990 Advances Croses Rs. 100 Crores.
1990 First Ever Branch Outside SAURASHTRA,Was Opened At AHEMDABAD CITY.
1988-1989 Net Profit Crosses Rs. 1 Crore.
1988 BANK IS DECLARED AS A SCHEDULED BANK BY THE RESERVE BANK OF INDIA .
(Ref. UBD.BR. 94/A 9/88/89)
1987 True Vision, Bank Starts Computerization,A UNIX Based Computer System Was Installed &Special Department Was Setup. Department was Inaugurated by Dy. Governor Of RESERVE BANK OF INDIA, Dr. P.D. Oza.
1985-1986 Deposit Base Crosses Rs. 51 Crores.
1981 Publication of In House Journal “SAMANYAY” Was Started by Hon’ble Keshubhai Patel (Ex-Chief Minister Gujarat State).
1979 For The Flood Effected MORVI CITY, Branch was Opened. Rs. 2 Crores Was Lent to the people of MORVI Within 3 Months At the Lower Interest Rate ( 3% Less Than Normal ).
1978 Deposit Base Crosses Rs. 10 Crores. 12% Dividend was declared.
1977 Bank Celebrates SILVER JUBILEE YEAR.First of Its Kind Industrial Fare Was Organized By The Bank.
1975-1976 Bank Achieves FIRST Position Among All 268 Co-Operative Banks Of GUJARAT STATE.
1974 With a Future Vision, A Unique Concept Of Mobile Branch Was Introduced. Bank Reaches Out To Public.
1973 First Outstation Branch Was Opened At Wankaner.
1973 Deposit Base Crosses Rs. 5 Crores.
1966 No Of Share Holders (Member) Crosses 10,000 Mark.
1960 A Step Towards Expansion, UDYOG NAGAR Branch Was Commenced.
1956 Bank Declares Maiden Dividend 4.00%
1955 Bank Recorded Maiden Profit.

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