Sree Thyagaraja Co-operative Bank Limited, a leading Urban Co operative Bank in India was founded by Sri. Krishna Rao . and others Co-operators during the beginning of the Co-operative movement in our country, with prime object of encouraging thrift and savings habit among the public and to freed the members from the clutches of private money lenders. The bank believes in consumer and poor oriented approach. Initially the bank started as a Credit co-operative Society in the year 1964 and later converted as Urban Co-operative Bank on 17-03-1994. The bank began with 309 members, mobilised Share capital of Rs.18450 from them and also mobilized Deposits advances and disbursed dividend. Today the total business of the bank has crossed Rs. 900.00 crores and now it is placed in top ten Urban Co-operative bank s in the State of Karnataka,having 12branhces and one head office spread across Bangalore. The Bank is functioning on the sound principles of co-operation and successfully completed more than 50 years of banking service. The bank is continuously making profit since from the date of its inception and disbursing dividend to its members and 'A' Grade Audit classification. Visionary and transparent directors on the board and dedicated professional staffs are responsible for this achievement.
