Oct, 1947
Established as Credit Society
Shree Bharat Co-operative Credit Society was registered on October 4, 1947—just 50 days after India’s independence—by 13 young Yamuna Mill workers in Vadodara. Their small beginning laid the foundation for a trusted financial institution that now serves thousands.
May, 2009
Became a Co-operative Bank
On May 18, 2009, the society received its RBI license (UBD/GJU0035P) and became Shree Bharat Co-operative Bank Ltd. This marked its transformation into a full-fledged bank, offering services like savings, loans, fixed deposits, and digital banking to empower its members.
Jan, 2012
State-Level Recognition
Awarded the “Daritya Akarshak Shield” by the Gujarat State Co-operative Union for outstanding financial performance and cooperative service. This recognition reflected the bank’s commitment to excellence, transparency, and member-focused growth.
Jan, 2013
Second Award in a Row
Won the same state-level award for the second consecutive year, showcasing consistent operational excellence. This back-to-back recognition highlighted the bank’s strong governance, member trust, and dedication to delivering reliable financial services.
May, 2023
Regulatory Action by RBI
The bank was fined ₹1 lakh by the RBI for failing to report cash transactions exceeding ₹10 lakh, highlighting compliance challenges. This incident emphasized the importance of strict adherence to regulatory norms and reinforced the bank’s focus on strengthening its internal monitoring and reporting systems.
May, 2024
Crossed ₹100 Cr Deposits
Announced total deposits surpassing ₹100 crore—a major milestone in the bank's financial growth. This achievement reflects the trust and loyalty of its members. Alongside this, the bank enhanced its website and digital services to offer more user-friendly, efficient, and accessible banking solutions.
