Tirupati Urban Co-op Bank bags award

Source: The Hitavada      Date: 16 Jun 2017 09:56:07


Business Bureau,

A LEADING co-operative bank of Vidarbha, Tirupati Urban Co-operative Bank Limited has been awarded second prize in the category of banks having Rs 500 crore and above deposit for the year 2015-16 from Vidarbha Urban Banks Co-operative Association. The Bank received the coveted prize and citation recently at a glittering function at Nagpur. The Chairman of the Bank Sagar Meghe has congratulated all the directors and staff members of the Bank on achieving the feat.

Tirupati Bank is catering to the people of Vidarbha and Navi Mumbai through its network of 16 branches. The Bank under the dynamic leadership of Sagar Meghe has achieved business mix of Rs 940 crore. The Bank has recently been granted ‘mobile banking’ permission from Reserve Bank of India (RBI) and its own mobile App is being launched in a fortnight. The debit card of the Bank is very popular amongst its customers and is being widely used by them for their bill payments, POS transaction, Railway, air ticket booking and other needs.

The Bank has in tune with the RBI’s policy of passing on the benefit to customers lowered interest on loans and offered attractive rate on loan products.