Misplaced Pages

This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Cosmos Co-operative Bank Ltd" – news · newspapers · books · scholar · JSTOR (August 2021) (Learn how and when to remove this message)

Cosmos Co-operative Bank Ltd.

Company type	Multi State Co-operative Bank
Industry	Financial services
Founded	1906
Founder	N.C. Kelkar
Headquarters	Pune, India
Products	Commercial banking Retail banking Private banking
Revenue	₹3,790.8 million (US$44 million) (2020)
Net income	₹−543.4 million (US$−6.4 million) (2020)
Number of employees	2,714 (2020)
Website	Official Website

The Cosmos Co-operative Bank Ltd. (Cosmos Bank), established in 1906, is one of the oldest Urban Co-operative Banks in India. Cosmos Bank celebrated its centenary on 18 January 2006. It is one of the first co-operative banks in the country to implement Core Banking System (CBS) across the entire network of its then 140 service outlets using Finacle-Infosys Core Banking Software. It also received an authorized dealer (AD) license from the Reserve Bank of India to become the third co-operative bank in India to have such a license in thirty years.

The bank is headquartered in Pune in its Corporate Office at Cosmos Tower, Ganeshkhind Road, Shivajinagar, Pune.

This bank was founded on 18 January 1906 in Pune by Krishnaji Sadashiv Gore and Shankar Hari Barve. The first Chairman of the Cosmos Bank was Sahitya Samrat N.C. Kelkar alias Tatyasaheb Kelkar. On 1 December 1990, Cosmos Bank received the Scheduled status and within a short span of just 7 years, on 28 November 1997 the Bank was awarded the 'Multi-State' status. The Cosmos Bank is operative in 7 States of India, viz., Maharashtra, Gujarat, Madhya Pradesh, Karnataka, Andhra Pradesh, Telangana and Tamil Nadu through its 140 branches. Bank has more than 2 Millions customers and 79,000 shareholders.

Cosmos Bank is the first bank in co-operative sector to be granted permission to operate a Currency Chest. Cosmos Bank has a Currency Chest in Pune, offering services to other banks in Pune.

History

This section is empty. You can help by adding to it. (April 2021)

Branches

Cosmos Bank has in total 5 regional offices with 140 service outlets in India. These are spread across 7 states and in 39 major Indian cities. Those are as follows:

• Andhra Pradesh: Vijayawada
• Gujarat: Ahmedabad, Ankleshwar, Baroda, Bhavnagar, Bhuj, Gandhidham, Rajkot, Surat
• Karnataka: Bangalore, Belgaum, Nipani
• Madhya Pradesh: Indore
• Maharashtra:Amravati, Aurangabad, Baramati, Bhusawal, Jalgaon, Jalna, Kolhapur, Mumbai, Nagpur, Nashik, Phaltan, Pune, Sangli, Satara, Solapur, Thane, Yavatmal
• Tamil Nadu: Chennai, Coimbatore
• Telangana: Hyderabad, Secundarabad

See also

• Banking in India

References

1. ^ 114th Annual Report: 2019-2020 (PDF), India: The Cosmos Co-Op Bank LTD, 2 September 2024, archived from the original (PDF) on 24 April 2021

External links

• COSMOS Bank Website

v t e Banking in India
Institutes	Central bank v t e Reserve Bank of India Regulation Reserve Bank of India Act, 1934 Monetary Policy Committee People Governor of the Reserve Bank of India Deputy governor of the Reserve Bank of India Buildings Reserve Bank of India Staff College RBI Monetary Museum Subsidiaries Bharatiya Reserve Bank Note Mudran Security Printing and Minting Corporation of India Think tanks BBB BCSBI NPCI IBA IDRBT Speciality banks IFCI All India Financial Institutions : Exim Bank of India NABARD NHB SIDBI Other BIFR IBBI IBPS Deposit Insurance (DICGC)
Public-sector banks	Bank of Baroda Bank of India Bank of Maharashtra Canara Bank Central Bank of India Indian Bank Indian Overseas Bank Jammu & Kashmir Bank Punjab & Sind Bank Punjab National Bank State Bank of India UCO Bank Union Bank of India
Private-sector banks	Axis Bank Bandhan Bank CSB Bank City Union Bank DCB Bank Dhanlaxmi Bank Federal Bank HDFC Bank ICICI Bank IDBI Bank IDFC First Bank IndusInd Bank Karnataka Bank Karur Vysya Bank Kotak Mahindra Bank Nainital Bank RBL Bank South Indian Bank Tamilnad Mercantile Bank Yes Bank
Foreign banks	Abu Dhabi Commercial Bank ANZ Bank Maybank Indonesia Bank of America Bank of Bahrain and Kuwait Bank of Ceylon Barclays Credit Suisse CTBC Bank Deutsche Bank HSBC Maybank MUFJ Rabobank Scotiabank Standard Chartered India Wholly owned subsidiary (WOS) DBS Bank State Bank of Mauritius Wound up/closed (or in process) Antwerp Diamond Bank Citibank
Small finance banks	AU Fincare Capital ESAF Equitas Jana North East Suryoday Ujjivan
Payments banks	Airtel National Securities Depository India Post Jio Paytm Surrendered licencees or wound up Aditya Birla Vodafone M-Pesa Tech Mahindra
Cooperative banks	Abhyudaya Co-operative Bank. Buldana Urban Cooperative Credit Society Cosmos Bank Dombivli Nagari Sahakari Bank Kerala Bank Mizoram Co-operative Apex Bank Punjab and Maharashtra Co-operative Bank Repco Bank Saraswat Bank Shamrao Vithal Co-operative Bank TNSC Bank
Regional rural banks	Assam Gramin Vikash Bank Bangiya Gramin Vikash Bank Mizoram Rural Bank Paschim Banga Gramin Bank Puduvai Bharathiar Grama Bank Tamil Nadu Grama Bank Uttar Bihar Gramin Bank Uttarakhand Gramin Bank Vananchal Gramin Bank Andhra Andhra Pradesh Grameena Vikas Bank Andhra Pragathi Grameena Bank Kerala Kerala Gramin Bank North Malabar Gramin Bank South Malabar Gramin Bank Uttar Pradesh Allahabad UP Gramin Bank Gramin Bank of Aryavart Sarva UP Gramin Bank
Defunct banks	Merged PSB New Bank of India Dena Bank Vijaya Bank Allahabad Bank Andhra Bank Corporation Bank Oriental Bank of Commerce United Bank of India Syndicate Bank SBI Bank of Bombay Bank of Calcutta Bank of Madras Imperial Bank of India State Bank of Bikaner & Jaipur State Bank of Hyderabad State Bank of Indore State Bank of Mysore State Bank of Patiala State Bank of Saurashtra State Bank of Travancore Bharatiya Mahila Bank Rescued Global Trust Bank (OBC) Lakshmi Vilas Bank (DBS) Nedungadi Bank (PNB) United Western Bank (IDBI) United Industrial Bank (Allahabad Bank) Punjab and Maharashtra Co-operative Bank (Unity SFB) Acquired Bank of Madura Bank of Rajasthan Bengal Central Bank Centurion Bank of Punjab Chartered Bank of India, Australia and China Grindlays Bank National Bank of India ING Vysya Bank Mercantile Bank of India, London and China Lord Krishna Bank Times Bank Vysya Bank PSB Bharat Overseas Bank Pandyan Bank Wound up Bank of Chettinad Dass Bank Failed Alliance Bank of Simla Arbuthnot & Co Commercial Bank of India Exchange Bank of India & Africa (New) Oriental Bank Corporation Oudh Commercial Bank Madhavpura Mercantile Cooperative Bank Liquidated Bengal Bank (1784) Bank of Bombay (1720) Bank of Hindostan General Bank of India General Bank of Bengal and Bihar Nath Bank Palai Central Bank The Commercial Bank (1819) The Calcutta Bank (1824) The Union Bank (1828) The Government Savings Bank (1833) The Bank of Mirzapore (1835) Travancore National and Quilon Bank
Networks	Interbank networks Cirrus NFS PLUS ATM networks BANCS Cashnet CashTree MITR
Cards	Mastercard Debit Mastercard Maestro RuPay Visa Visa Debit Visa Electron
Online transfers	AEPS BBPS BHIM IMPS NEFT RTGS UPI
Payment service providers	Atom BHIM BillDesk CCAvenue Paytm Zeta India Digital wallets Amazon Pay BharatPe Freecharge Google Pay Mobikwik Oxigen Services Payoneer PayU Payworld PhonePe
Related topics	ATM usage fees Bank run Black money Counterfeit money De-materialisation (de-mat) Demonetisation 2016 Low denomination coins Foreign exchange (ForEx) Lists: List of banks List of oldest banks in India Protocol and codes Bharat Bill Payment System (BBPS) Indian Financial System Code (IFSC) National Unified USSD Platform (NUUP) Structured Financial Messaging System (SFMS) Rates & ratios Rates Bank rate Mumbai Inter-Bank Bid Rate - MIBID/Mumbai Inter-Bank Offer Rate - MIBOR Mumbai Interbank Forward Offer Rate - MIFOR Ratios Capital Adequacy Ratio - CAR Statutory Liquidity Ratio - SLR Cash Reserve Ratio - CRR Regulators Insurance - IRDAI Banking - RBI Securities - SEBI Bankruptcy - IBBI Insolvency, bankruptcy and reconstruction Boards BIFR IBBI CERSAI Legislation IBC SARFESI Act Companies ARCIL Edelweiss ARC IAMCL Legislation Banking Regulation Act, 1949 Government Securities Act, 2006 IBC, 2016 RBI Act, 1934 SARFESI Act, 2002 Income-tax Act, 1961 Companies Act, 2013 Insurance Act, 1938 FEMA, 1999 Tribunals Company Law - NCLT Appellate - NCLAT Measures Prompt Corrective Action Other Institute of Banking Personnel Selection Mumbai Consensus

This article about an Indian company is a stub. You can help Misplaced Pages by expanding it.

• v
• t
• e

This Asian bank-related article is a stub. You can help Misplaced Pages by expanding it.

• v
• t
• e

• Banks established in 1906
• Cooperative banks of India
• Financial services companies based in Pune
• Indian companies established in 1906
• Indian company stubs
• Asian bank stubs