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Saraswat Co-operative Bank Ltd. (India)

Main Activities: Credit Intermediation and Related Activities
Full name: Saraswat Co-operative Bank Ltd. Profile Updated: December 03, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2025 Available in: English Download a sample report

The Bank has a very humble but a very inspiring beginning. On 14th September 1918 , "The Saraswat Co-operative Banking Society" was founded. Mr. J.K. Parulkar became its first Chairman, Mr. N.B. Thakur, the first Vice-Chairman, Mr. P.N. Warde, the first Secretary and Mr. Shivram Gopal Rajadhyaksha, the first Treasurer. These were the people with deep and abiding ideals, faith, vision, optimism and entrepreneurial skills. These dedicated men in charge of the Society had a commendable sense of service and duty imbibed in them. Even today, our honorable founders inspire a sense of awe and respect in the Bank and amongst the shareholders.

Legal Address
Ekanath Thakur Bhavan, 953, Appasaheb Marathe Marg, Prabhadevi
Mumbai; Maharashtra; Postal Code: 400025

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Website: http://www.saraswatbank.com

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 14, 1918
Key Executives
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Chairman
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Vice Chairman
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Director
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Director
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Director
Ownership Details
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100%
Subsidiaries
Saraswat Infotech Ltd.
Company Performance
Financial values in the chart are available after Saraswat Co-operative Bank Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net interest income
-0.5%
Net fee and commission income
42.45%
Net Profit/Loss for the Period
3.77%
Total Assets
9.89%
Total Assets Trend
2.94%
Net Interest Income Trend
N/A
Cost to Income Ratio
-0.02%
Loans to Deposits Ratio
-0.36%
Loans to Asset Ratio
0.76%

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