About Shree Warana Sahakari Bank Ltd., Warananagar

ANNOUNCEMENTS WARANA is eminently, a unique name that stands as forerunner in the co-operative movement in India. The name WARANA sounds suitable wherever there is a mention of co-operative movement.

About Shree Warana Sahakari Bank Ltd., Warananagar

The bank which took birth in the rural area visualizing future of banking Industry and started its branches and operations in urban area’s, Always ready for new Banking Developments, Aiming 100% Customers satisfaction i.e. “Shree Warana Sahakari Bank”.

To maintain the strong economy of the “Warana Valley”, the bank took shape in 1966. It was a major challenge for “Shri. Tatyasaheb Kore” to gather the capital required to start the bank. He gathered the amount of Rs. 1 Lakh and paid it to government and got the bank registered within 4 day’s. The aim of starting the Warana Bank was to make available credit for the Farmers for land development, purchasing machinery, seeds, pesticides, fertilizers, etc. in easy way.

Today all economic transactions in “Warana Valley” happen through “Shree Warana Sahakari Bank Ltd.” The bank is playing a pivotal role in the overall development of “Warana Valley” and the rural mass. It provides loans at subsidized interest rates for all farmers, weaker section and the needy peoples. It is creating the banking mind in the rural population.

The Bank has achieved distinguished success in co-operative banking sector particularly during the last few years because of its distinct objectives, strategic plan of action, its continuous monitoring and sharing of success with the concerned personnel. Good Corporate Governance and a committed management with the Board of Directors with keen interest in the well being of the Bank has been instrumental in “Shree Warana Sahakari Bank” reaching new heights.

The Bank has a deposit base of more than `578 Crores and a Loan of more than 376 Crores. The Banks total income is more than `3 crores .