Samruddhi Cooperative Bank RuPay Card Launched

Posted on:27 Sep 2016 09:32:49
Samruddhi Cooperative Bank RuPay Card Launched
27 September 2016 Current Affairs: Maharashtra Finance Minister Sudhir Mungantiwar and Chairperson of Samruddhi Cooperative Bank Kanchan Gadkari has launched the lender's first-ever RuPay Card in central India. 

The National Payments Corporation of India (NPCI) in a short span facilitated the launch of RuPay Card and it has reached to small co-operative bank like Samruddhi.

Kanchan, wife of Union Transport Minister Nitin Gadkari, said the bank has fixed deposits worth Rs 43 crore and has disbursed loan to the tune of Rs 24 crore. 

Kanchan, who took over the reins of the Bank on December 15, 2015, said initially 2,000 cards will be given to the bank customers now and it has open an ATM in one of its branch. 

The bank had FDs worth Rs 35 crore last year and it has gone up in a short span.

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