Plans 250% jump in ATMs:
Amreli District Central Cooperative Bank began its operations on 23 August 1950. Earlier, it was working as an agriculture firm since 1910. The rationale behind becoming a DCCB was to address the problems of farmers who availed expensive loans from money lenders and to help primary cooperative societies working in the district.
The bank today is headed by chairman Dileepbhai Sanghani, a cooperative veteran. He is the chairman of National Federation of State Cooperative Banks (NAFSCOB) since 8 June 2015, vice chairman of National Agricultural Cooperative Marketing Federation of India (NAFED), chairman of Gujarat State Cooperative Marketing Federation and chairman of Agriculture & Rural Development State Cooperative Society, Gandhinagar. He is also a former Gujarat minister for agriculture, cooperation, animal husbandry, fisheries and cow-breeding and an ex-MP.
NETWORK EXPANSION
At present, Amreli DCCB has 336 PACS affiliated to it. It has 71 branches and 6 ATMs. Savarkundla taluka has the highest (10) number of branches. Sanghani says the bank intends to install 15 ATMs in 2018-19 and then the network will cover the whole of the district. The bank also has received permission to open 2 branches.
CUSTOMER BASE
Sanghani says the bank has a customer base of 2,93,000 as on 31 March 2018. It has locker facility in 62 branches and gold loan facility in 65 branches.
INCREASING DEPOSITS, LOANS
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