Cosmos Bank

Cosmos Bank

Type	Public
Industry	Banking Financial services
Founded	1906
Headquarters	Pune, India
Products	Investment Banking Commercial Banking Retail Banking Private Banking Asset Management Mortgages Credit Cards
Revenue	12,000.00 crore (US$2.68 billion) (2010)
Net income	55.32 crore (US$12.34 million) (2010)
Employees	2,000+ (2010)
Website	Official Website

The Cosmos Co-operative Bank Ltd. (Cosmos Bank), established in 1906, is one of the oldest Urban Co-operative Bank in India, celebrated its centenary on 18 January 2005. It is one of the first co-operative banks in the country to go live with the core banking solution across the entire network of its 119 service outlets using Finacle-Infosys Core Banking Software. It also received an Authorised Dealer License from the Reserve Bank of India to become the third co-operative bank in India to acquire such a license in thirty years.^[1] The bank is headquartered in Pune, and is managed by a team of executives, including a managing director.

Branches

Cosmos Bank operates in 5 regional offices, 110 branches and 9 Extension Counters in India spread across 5 states and in 30 major Indian cities:

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

See also

• Banking in India

References

1. ^ "Cosmos Bank received AD Licence". Business Standard. January 24, 2007. http://www.business-standard.com/india/storypage.php?autono=272353. Retrieved 2009-08-06. 

External links

• COSMOS Bank Website

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