Proud bank with century experience
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President Message
Sri PR Manjunath
President
The Town Co Operative Bank Ltd, Sira
I am greatly honored to head our Bank which has completed 113 Years of its service.
In our bank we have implemented the wordings of great scholar of management Peter F Drucker
"The future is not going to be made tomorrow it is being made today "
During march 2005 when, I got unanimously elected as president, an opportunity bestowed on me and my team of directors to submit "Development Action Plan'' to RBI to improve our banks viability. Keeping trust in saying "A goal should scare you a little, and excite you a lot'' we worked and we achieved our goal of improving viability of our centurion old bank with the greater support of all our borrowing members and ever supporting staff.
Today our bank is on sound financial foothold with great support and confidence of our members and customers. Solid reserves, Capital Adequacy ratio of 16.18%, 0% Net NPA, and all other financial ratios of our bank as on 31.03.2019 indicates financial strength of our bank.
In our bank we have introduced modern technology and new innovations in the banking field.
Eventhough we are working for prosperous financial growth of our bank we have not forgotten social responsibility to our members, customers and to society at large.
With great humbleness we seek your support, encouragement, suggestions for all round development of our bank. Let us join hands for glorification of our bank to fulfill the dreams of founders and builders of our bank.
We place on record our sincere thanks to members, customers, well wishers, past presidents, past directors and to all concerned authorities of Reserve Bank of India, State Co-operative Department and its audit wing, Urban Bank Federation, State and District Co-operative unions for their valuable guidance and support.
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