The Bank has established on 6th December 1998. The first Branch of the Bank has been opened during the year 1998 at Barkatpura and thereafter, the Bank has set goals for itself and could meet such Landmarks year after year. Our Bank has emerged to the level of having its area of operation extended to entire Hyderabad city of Telangana.
The Board of Directors includes eminent and learned personalities from various professions having proficient approach towards formation of policies. The Bank is managed by highly qualified, dedicated, dynamic and sincere management team.
It is being done by a capable management with potential in all fields of Business and Commerce. This Bank is registering a Growth always higher than the Annual Banking growth indices and also registering much lower percentage of Gross NPA which is only 4.43% in 2023-24 with net NPA NIL.
As of 2024, all 8 Branches stand computerized and the bank has also achieved remarkable growth rate amongst the Co-operative bank increasing its area of operations in Telangana.
The Rajadhani Co-operative Urban Bank Ltd holds the record of 26 years of relentless service to its more than 26000 satisfied customers through 8 branches in Hyderabad city of Telangana.
The Bank is committed to maintain the highest level of ethical standards, professional integrity, corporate governance and regulatory compliance established with an objective to provide personalized banking services to varied customer base, the bank has served the purpose by understanding the needs of various customers truly and deeply, and designing its products accordingly. The net own funds of the Bank have crossed Rs. 2021.02 lacs.
BANK HIGHLIGHTS AS ON 31.03.2024
We place the highlights of the Bank’s performance over a period in brief
No of Branches 8 and also proposing 2 new branches
Total Business Rs. 351.54 Crores (Deposits Rs.202.94 Cr and Advances Rs.148.60 Cr)
Net Profit after tax Rs.3.64 Cr
The Bank encouraged all members with a return of 15% on their contribution to Bank as capital
Our Values Transparency and ethics Respect and empathy for customer Competence and dedication in all that we do Nurturing a cultural of learning and technological excellence Commitment to national and social objectives
Mission Dedicated to customer delight and inclusive growth by levering technology with empowered and committed work force. Vision To be the most preferred and trusted bank