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History

Nearly five decades of banking by women, for women — from registration in 1977 to a multi-branch co-operative bank on Core Banking Solution.

Milestones

Year Milestone
1977 The bank is registered as a co-operative society.
1979 The Reserve Bank of India grants the banking licence.
2006 A staff training centre is established at Seshadripuram, Bangalore.
Present The bank serves customers through its branches in Bangalore, Ramanagara and Tumkur on Core Banking Solution.

Additional milestones can be added by the bank.

The founding purpose

The bank was founded to serve women who had little access to institutional credit. Its founders believed that small, timely and dignified financial assistance would allow a woman to supplement her family income, meet an emergency without distress borrowing and, in time, stand on her own feet.

That purpose still shapes the bank’s deposit and loan schemes today.