Bank Name | New India Co-op Bank |
Official Name | New India Co-operative Bank Ltd |
Type | Co-operative Bank |
andheri@newindiabank.in | |
Website | www.newindiabank.in |
Branches in India | 28 Branches |
New India Co-op Bank has about 28 branches spread across India. New India Co-op Bank is currently one of about 160 banks (Nationalised, Private, Co-Operative and Foreign) in India.
Below given is the list of states where New India Co-op Bank currently have branches. Click on any of the states to find the IFSC code of New India Co-op Bank in the state.
New India Co-operative Bank Ltd New India Bank is a fast growing & strong bank with it’s headquartering in Mumbai. The Bank is focused on upgrading and improving the services by optimising the use of the latest technology as well as continuous training of its Management and staff. The bank was founded in Mumbai in 1968 & was renamed as the New India Bank in 1977. Since then the bank has grown into a strong and scheduled multi state bank with a network of branches in various states offering a wide range of services including forex services, trade services, home loans, small business loans and more.Like credit unions, cooperative banks are owned by their customers and follow the cooperative principle of one person, one vote. Unlike credit unions, however, cooperative banks are often regulated under both banking and cooperative legislation. They provide services such as savings and loans to non-members as well as to members, and some participate in the wholesale markets for bonds, money and even equities.[2]Many cooperative banks are traded on public stock markets, with the result that they are partly owned by non-members. Member control is diluted by these outside stakes, so they may be regarded as semi-cooperative.
Disclaimer : All the information in this site is provided from authentic source and all efforts have been made to verify and provide exact results. Even though users are requested to reconfirm the data provided with their corresponding bank branch.