from Rons Bantwal (RD/GA)

Mumbai, Jun 22: “The Rajapura Saraswat Co-Op Bank has achieved significant progress, eversince it was established by lesser known, Rajapura Saraswat community, ten years ago. The bank has carved a niche in the history of this financial institution.  It has given stiff competition to other nationalized banks by offering 10 per cent interest to its customers and 11 per cent dividend to the shareholders.  This is really commendable.  Rajapura Saraswat community has been lesser known in the society, has made its mark, because they are honest, hard working.  They have made their achievement known across the world, by nurturing this institution.  Let the community scale new heights by working for the prosperity of the community.  Besides, let the customers grow in trust” called eminent banker, former Syndicate Bank chairman and Dr T M A Pai Foundation, Manipal, chairman K K Pai.

He was speaking at the release of decennial anniversary cash certificate of R S Cooperative Bank in Mumbai.  Bank chairman Sadanand D Nayak honoured K K Pai, who was the guest of honour by draping with the shawl and presenting flowers, fruits and memento during a simple ceremony held at their head office, located at Swapna Building, on Akurli Road, Kandivli (E).

At the same occasion MoU was signed by Bank chairman Sadanand Nayak with Bajaj Allianz General Insurance Company and LIC to market their products to the existing customers.

World Konkani Bhavan convenor Basti Vaman Shenoy, Konkani Kala Triveni president Ullal Kamath, J V Mathurkar, Dr Ajit Gunjikar, M B Nayak, KG Mallya, Prashant Gadiyar, Bajaj Allianz deputy chairman Ajay Negi and others were the dignitaries present on the occasion.

Bank deputy chairman, G S Nayak, directors and others were present.  Sadanand D Nayak delivered the introductory speech.  Vishnumurthy Nayak compered the programme.  CEO, Shashikant L Abhang, proposed the vote of thanks.