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The Ratnakar Bank Ltd
Kolhapur, Maharashtra based Ratnakar Bank Ltd., is one of the prominent regional banks operating from this industrial location. This bank has history of a banking revolution while the country had been in the verge of freedom movement in the pre-independent era.
It was on August 06, 1943 that Ratnakar Bank Ltd., was incepted so that it could cater to the needs of general masses. Reserve Bank of India granted Ratnakar Bank Ltd., Scheduled Bank status in the year 1959. Trade and commerce of nearby regions saw a boost with the establishment of this bank.
Establishment of Ratnakar Bank Ltd., was the brainchild of a movement for self-reliance for that the leaders had also focused at giving a banking solution to people who could have a bank of their own being operated by Indians. Sole purpose was to bring the economic independence while country had been striving for freedom.
Main purpose of launching Ratnakar Bank Ltd., was to make it possible for general masses to enjoy best banking solution for them. This bank came ahead for them so that they could meet the needs of the low and middle income group of the society.
Ratnakar Bank Ltd., offers numerous types of deposit schemes today which include famous Amrutkumbha Lakshadish Deposit, Fixed Deposit schemes and Kalpavruksha Nirantar Deposit amongst others.
The Ratnakar Bank Ltd Details:
IFSC Code of Banks In India