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Rajkot Nagarik Sahakari Bank Ltd. is a leading co-operative bank, having its headquarters at Rajkot city of Gujarat State in India. The Bank was established on 5th October 1953 under the leadership of late Shri Keshavlal Amrutlal Parekh as Chairman and late Shri Janmashankar Antani as Managing Director with a small capital amount of Rs.4,890 contributed by 59 members. It was the first co-operative institution to start functioning in the erstwhile state of Saurashtra and was inaugurated by "Sahakar Maharshi" late Shri Vaikunthbhai Metha. Bank has made tremendous progress since its inception, achieving new heights in banking as well as co-operative sector, becoming the pride of Saurashtra region under the leadership of former Chairman late Shri Arvindbhai Maniar.
During past decades, the Bank has played vital & leading role in the development of industries, business & economy of Rajkot city, development and nursing of co-operative movement in Saurashtra.
Bank has grown manifolds over the years. Membership (share-holders) of bank is inching towards 3 lacs mark which is a record by itself & provides an example of how a mass movement can be turned into the instrument of social upliftment. Today, the Bank has more than 7.20 lacs deposit accounts with a deposit base of 4,400 crores and 45,000+ establishments/individuals enjoy credit facilities of Rs 2,400 crores.
Since its inception, the Bank has been guided by eminent people, with foresight & vision, which included names like Shri Keshubhai Patel, Shri Vajubhai Vala, Shri Shashikant Mehta, Shri Vasantbhai Khokhani, Shri Pravinbhai Maniyar, Shri Shivlalbhai Vekaria etc..
Being in the service sector, with a vision of current & future trends, Bank started automation & modernization way back in 1987 and by 1995 all the Branches were computerized.
Bank is enjoying the Scheduled Bank status Since 1988. In the year 2001, it was registered under Multi-State Co-operative Society Act. and is a Multi-State Scheduled Co-operative Bank operating in the States of Gujarat and Maharashtra.
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