Saraswat Bank

Saraswat Bank
Saraswat Bank
Type Public company
Industry Banking
Financial services
Founded 1918
Headquarters Mumbai, India
Products Investment Banking
Commercial Banking
Retail Banking
Private Banking
Asset Management
Mortgages
Credit Cards
Revenue increaseINR27,313 crore (US$5.54 billion)(2010-11)[1]
Net income increaseINR358.19 crore (US$72.64 million)(2010-11)[1]
Employees 3338 [1]
Website Official Website

Saraswat BankAbout this sound pronunciation is an urban co-operative banking institution based in Maharashtra, India and operating as a co-operative bank since 1918.[2]

In 1988, it was conferred with scheduled status by Reserve Bank of India.

The bank has observed good growth during the 2000s with total business growing from 40 billion rupees in 2000 to 230 billion rupees in 2010 (approx. 5 billion US$). The bank has been granted a pan-India operation license by the Reserve Bank.[3]

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