What It Does: Dombivli Nagari Sahakari Bank fall under Scheduled Urban Cooperative Banks in India and its regulatory body is the Reserve Bank of India.
Mission: We aim to involve ourselves in a strong and sound competitive financial system by Providing integrated services to customers from all segments.
Vision: To become the Multistate Bank.
Size & Presence: 150+ employees spread across 65 branches across 12 districts in the state of Maharashtra In India.
Best Known For: DNS Bank is 1st Co-operative Bank to launch Mobile Banking Services in India.
Way back in 60’s Few enthusiastic persons gathered together with a common goal to make available the banking facility to the commonest of the common man. They had an aim that any person in genuine financial difficulty or in need of finance to fulfil his dreams whether personal or professional should have institutional support and he should not be a prey of traditional moneylenders. The dream of these persons came into existence by bearing a name i.e. Dombivli Nagari Sahakari Bank Ltd. on 6th September 1970.
Since then the bank has grown by leaps and bounds. With a modest beginning in a small 500 sq. ft. of main branch cum central office, having a deposit base of 7.04 lacs and total advances of 5.75 lacs in June 1971, it has now reached a business mix of Rs. 6945 crores contributed by deposit of Rs.4064 crores and Rs. 2386 crores of advances with 68 branches spread across 15 districts of Maharashtra.
The selection process of DNS Bank is based on 2 stages-
DNS Bank has completed 50 successful years in Banking Industry. The bank has achieved many milestones during this financial year. The notable among these are a) Internet banking, b) ISO Certification, c) Mobile Banking and d) achieved a figure of Rs.6,945 crores of Business Mix. Further, based on the financial results of March 2010 bank secured 2nd in the ranking of Maharashtra State Co-op. Bank’s Federation. The bank also received the Padma Bhushan Vasantdada Patil Utkrushta Nagari Sahakari bank’ Award issued by Maharashtra State Co-op. Bank’s Association.