Cosmos Bank

Cosmos Bank

Type	Public company
Industry	Banking Financial services
Founded	1906
Headquarters	Pune, India
Products	Commercial Banking Retail Banking Private Banking
Revenue	₹120000.0 million (US$1.8 billion) (2013)
Net income	₹553.2 million (US$8.2 million) (2013)
Number of employees	2,800+ (2014)
Website	Official Website

The Cosmos Co-operative Bank Ltd. (Cosmos Bank), established in 1906, is one of the oldest Urban Co-operative Banks in India. Cosmos Bank celebrated its centenary on 18 January 2006. It is one of the first co-operative banks in the country to implement Core Banking System (CBS) across the entire network of its then 137 service outlets using Finacle-Infosys Core Banking Software. It also received an authorized dealer (AD) license from the Reserve Bank of India to become the third co-operative bank in India to have such a license in thirty years.

The bank is headquartered in Pune in its Corporate Office - Cosmos Tower near on Ganeshkhind Road, Shivajinagar, Pune. This Bank is managed by executives and this executive team is led by the Managing Director. The Bank has Board of Directors.

This bank was founded on January 18, 1906 in Pune by Krishnaji Sadashiv Gore and Shankar Hari Barve. The first Chairman of the Cosmos Bank was Sahitya Samrat N.C. Kelkar alias Tatyasaheb Kelkar. On December 1, 1990, Cosmos Bank received the Scheduled status and within a short span of just 7 years, on November 28, 1997 the Bank was awarded the 'Multi-State' status. The Cosmos Bank is operative in 7 States of India, viz., Maharashtra, Gujarat, Madhya Pradesh, Karnataka, Andhra Pradesh, Telangana and Tamil Nadu through its 137 branches. Bank has more than 2 Millions customers and 79,000 shareholders.

Cosmos Bank is the first bank in co-operative sector to be granted permission to operate a Currency Chest. Cosmos Bank has a Currency Chest in Pune, offering services to other bank in Pune.

Branches

Cosmos Bank has in total 5 regional offices with 137 service outlets in India. These are spread across 7 states and in 38 major Indian cities. Those are as follows:

References

External links

COSMOS Bank Website

Banking in India

Reserve bank	Reserve Bank of India

Public sector banks	Allahabad Bank Andhra Bank Bank of Baroda Bank of India Bank of Maharashtra Bharatiya Mahila Bank Canara Bank Central Bank of India Corporation Bank Dena Bank IDBI Bank Indian Bank Indian Overseas Bank Oriental Bank of Commerce Post Bank of India Punjab & Sind Bank Punjab National Bank State Bank of Bikaner & Jaipur State Bank of Hyderabad State Bank of India State Bank of Mysore State Bank of Patiala State Bank of Travancore Syndicate Bank UCO Bank Union Bank of India United Bank of India Vijaya Bank

Private sector banks	Axis Bank Bandhan Bank Catholic Syrian Bank City Union Bank DCB Bank Dhanlaxmi Bank Federal Bank HDFC Bank ICICI Bank IDFC Bank IndusInd Bank Jammu & Kashmir Bank Karnataka Bank Karur Vysya Bank Kotak Mahindra Bank Lakshmi Vilas Bank Nainital Bank RBL Bank (Ratnakar Bank) South Indian Bank Tamilnad Mercantile Bank Limited Yes Bank

Cooperative banks	Buldhana Urban Cosmos Bank Repco Bank Saraswat Bank Shamrao Vithal Co-op. Bank TNSC Bank Rajkot Nagrik Sahakari Bank

Foreign banks	ABN AMRO Abu Dhabi Commercial Bank Antwerp Diamond Bank Australia and New Zealand Banking Group Bank Internasional Indonesia Bank of America Bank of Bahrain and Kuwait Bank of Ceylon The Bank of Tokyo-Mitsubishi UFJ Barclays Citibank India Credit Suisse Deutsche Bank HSBC The Royal Bank of Scotland Scotiabank Standard Chartered

Regional Rural Banks	Andhra Pragathi Grameena Bank Kerala Gramin Bank Bangiya Gramin Vikash Bank Gramin Bank of Aryavart North Malabar Gramin Bank Pallavan Grama Bank Pandyan Grama Bank Paschim Banga Gramin Bank Sarva UP Gramin Bank South Malabar Gramin Bank Uttar Bihar Gramin Bank Vananchal Gramin Bank List of regional rural banks in Uttar Pradesh

Interbank networks	BANCS Cashnet CashTree Cirrus IMPS MITR NFS PLUS RuPay

Defunct banks	Alliance Bank of Simla Arbuthnot & Co Bank of Bombay Bank of Calcutta Bank of Chettinad Bank of Madras Bank of Madura Bank of Rajasthan Bengal Central Bank Bharat Overseas Bank Centurion Bank of Punjab Chartered Bank of India, Australia and China Commercial Bank of India Dass Bank Exchange Bank of India & Africa Global Trust Bank Grindlays Bank Imperial Bank of India ING Vysya Bank Lord Krishna Bank Madhavpura Mercantile Cooperative Bank Mercantile Bank of India, London and China Nath Bank Nedungadi Bank New Bank of India Oriental Bank Corporation Oudh Commercial Bank Palai Central Bank Pandyan Bank State Bank of Indore State Bank of Saurashtra United Industrial Bank

Related topics	Banking Codes and Standards Board of India ATM usage fees in India De-Materialisation (DEMAT) Foreign Exchange (FOREX) Indian Financial System Code (IFSC) List of banks in India National Electronic Fund Transfer (NEFT) National Payments Corporation of India Real Time Gross Settlement (RTGS) Structured Financial Messaging System (SFMS) Prepaid Payment Instruments in India

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Cosmos Bank

Branches

See also

References

External links