https://en.bharatpedia.org/w/index.php?action=history&feed=atom&title=Mount_Nagrik_Sahakari_BankMount Nagrik Sahakari Bank - Revision history2026-11-01T10:43:01ZRevision history for this page on the wikiMediaWiki 1.43.6https://en.bharatpedia.org/w/index.php?title=Mount_Nagrik_Sahakari_Bank&diff=518563&oldid=prevMichaleYarbrough: adding new info2026-01-31T05:18:17Z<p>adding new info</p>
<p><b>New page</b></p><div>{{Short description|Bank in northern India}}<br />
{{One source|date=April 2020}}<br />
{{Use dmy dates|date=October 2015}}<br />
{{Use Indian English|date=October 2015}}<br />
{{Infobox company<br />
| name = Mount Nagrik Sahakari Bank Ltd.<br />
| logo = Mount Bank.jpg<br />
| type = [[Co-operative bank]]<br />
| industry = {{ubl|[[Banking]]|[[Financial service]]s}}<br />
| foundation = 1972<br />
| location = [[Sirohi, Rajasthan]], India<br />
| key_people = Narendra Singh Dabi ([[Managing Director|MD]] & [[CEO]])<br />
| products = {{ubl|[[Deposits]]|[[Savings]]|[[Loans]]}}<br />
| revenue = <br />
| operating_income = <br />
| net_income = <br />
| assets = <br />
| equity = <br />
| num_employees = 350<br />
| title = <br />
| homepage = {{url|https://mount.bank.in/}}<br />
}}<br />
'''Mount Nagrik Sahakari Bank Ltd.''' is a multi-state co-operative bank with 49 branches across states of Rajasthan and Gujarat that has been in operation since 1972.<br />
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==History==<br />
Established on 5 September 1972 as Sirohi District Commercial Co-operative Bank Limited; was setup with an objective to promote financial cooperation among low income group members of society and to encourage savings for creating funds to aid the deserving members. It was in line with the government’s focus on raising the living standards and earning capacity of farmers and laborers. The bank was registered under provisions of Rajasthan Co-operative Society Act, 1965. Initially, it was able to mobilize 52 members and a capital of Rs. 51,700 and banking business started from 18 October 1972.<br />
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Bank was functioning in both rural as well as urban areas since its inception in 1972, which continued until 1986. The banking business continued in Sirohi district with 4 branches, but thereafter, new branches were opened to cater larger area and customers. Initially in the adjoining districts of Jalore, Pali, Udaipur later in Jaipur and Ajmer districts of Rajasthan. By March 2009, the number of branches of bank reached 25.Within this period bank created benchmarks for others to follow by setting standards in terms of exemplary customer service and in terms of having a vast base of highly satisfied customers, both in rural as well as in urban areas.<br />
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Going beyond the boundaries of Sirohi district in Rajasthan and expanding network of branches in Gujarat too, bank earned the distinction by becoming the first bank in the state to get registered under the Multi State Cooperative Societies Act 2002. In 2009, Sri Deesa Nagrik Sahakari Bank Ltd of Deesa, Gujarat and Surendranagar Mercantile Co-operative Bank of Surendranagar District of Gujarat was merged, Resulting; change in its name from Madhav Nagrik Sahakari Bank Limited to Adarsh Co-operative Bank Ltd and now present name Mount Nagrik Sahakari Bank Limited. Mount Nagrik Sahakari Bank increasing its area of operations and customer base.<br />
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As on date all the 49 branches stand computerized and the bank holds the honor of being one of the first computerized banks. The bank has also achieved highest growth rate amongst the cooperative banks in Northern India.<br />
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==Awards and recognition==<br />
* "Best performing Co-operative Bank award" in 2008-2009 by Indian Achievers Forum, secured First position in the state of [[Rajasthan]] and ninth position on All India Basis.{{Citation needed|date=October 2015}}<br />
* "Excellence in Customer Service Award" at The Banking Frontiers in Co-opative Banking Awards 2010 held by [[Banking Frontiers]] on 23 December 2010 at [[Goa]].<ref>http://www.bankingfrontiers.com/2010/nov/fcba.pdf{{dead link|date=October 2016 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><br />
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==See also==<br />
*[[Co-operative banking]]<br />
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== References ==<br />
{{reflist}}<br />
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==External links==<br />
* [https://mount.bank.in// Official website]<br />
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{{Banking in India}}<br />
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[[Category:Banks established in 1972]]<br />
[[Category:Cooperative banks of India]]<br />
[[Category:Sirohi district]]<br />
[[Category:Companies based in Rajasthan]]<br />
[[Category:Indian companies established in 1972]]<br />
[[Category:1972 establishments in Rajasthan]]</div>MichaleYarbrough