Mumbai (RBI), July 25: We are delighted to announce that Model Co-operative Bank Ltd. has been conferred the ‘Padmabhushan Vasantdada Patil Utkrusht Urban Co-operative Bank Puraskar’ by The Maharashtra State Co-operative Banks’ Association Ltd., Mumbai at their 26th Annual Award Ceremony, held on 23rd July 2025 at Yashwantrao Chavan Centre, Nariman Point, Mumbai
This prestigious award recognizes the Bank’s outstanding performance in the Deposits Category of Rs.1000 Crores to Rs.1500 Crores for the Financial Year 2023–24, under the Mumbai Division.
The award ceremony was graced by Dr. Pankaj Rajesh Bhoyar, Hon’ble Minister of State for Home (Rural), Housing, Education, Co-operation, and Mining, Government of Maharashtra and Dr. Vijay Suryawanshi (I.A.S.), Divisional Commissioner, Konkan Division, Konkan Bhavan, Navi Mumbai
The Certificate and Trophy were jointly presented to the Bank by Bhau Bhagwant Kad Chairman of ‘The Maharashtra State Co-operative Banks’ Association Ltd., Mumbai and Dr. Vijay Suryavanshi (I.A.S.), Divisional Commissioner, Konkan Division, Konkan Bhavan, Navi Mumbai.
The Bank was represented by Chairman Albert W. D’Souza, Vice Chairman Maxim I. Pinto, Directors Paul Nazareth, Sanjay Shinde, General Manager & CEO. Osden A. Fonseca, Additional General Manager. Zenon D’Cruz.
The Bank is a Financially Sound and Well Managed Bank (FSWM) as per the RBI criteria and its performance has been recognised over the years and the Bank has been continuously receiving Awards.
The ‘Padmabhushan Vasantdada Patil Utkrusht Urban Co-operative Bank Puraskar’ is another feather in the cap for Model Co-operative Bank Ltd. The Bank thanks all its Shareholders, Customers, Well Wishers and Staff for their support towards the Banks growth.