Pune, August 23, 2023: The 52nd Annual General Body Meeting of Vishweshwar Sahakari Bank Limited, held recently in Pune, marked a significant moment for the bank and its members. During the event, the bank announced a 10% dividend for its members for the fiscal year 2022-23, reflecting the institution’s commitment to its stakeholders. In addition to this financial declaration, the bank also unveiled its official social media handles on Instagram and Facebook.
Commitment to Progress
Addressing the attendees, Anil Gadve, Chairman of Vishweshwar Sahakari Bank Limited, expressed the bank’s determination to outperform its previous financial performance in the current fiscal year. With a focus on enhancing loan recovery and bolstering the bank’s overall business, Gadve spoke confidently about achieving these goals with the unwavering support of members and customers.
Gadve further revealed the bank’s expansion plans, stating, “We have plans to open new branches in Ichalkaranji and Latur, which will increase our branch network to a total of 30.” This strategic expansion reflects the bank’s proactive approach to cater to the banking needs of a broader customer base.
Ambitious Growth Targets
Vishweshwar Sahakari Bank Limited has achieved significant milestones in its journey, with its business touching the Rs. 3000 crore mark. Looking ahead, the bank has set even more ambitious goals. Gadve shared, “We are aiming to take our business to Rs. 5000 crore in the near future.” This demonstrates the bank’s confidence in its ability to drive growth and elevate its financial performance to new heights.
Diverse Leadership and Support
The Annual General Body meeting was attended by esteemed board members such as Sunil Rukari, Manoj Sakhare, Rajendra Miraje, Dattatreya Kamathe, Amol Maniyar, Subhash Ladage, Ajay Doeejad, Ravindra Mahajan, Dr. Chintamani Vaijapurkar, Ratna Kasbekar, and Sulabha Kokate. Shreeram Apte, the CEO of Vishweshwar Sahakari Bank Ltd., was also present, signifying the diverse leadership that contributes to the bank’s success.
Shreyas Rukari, Vice-Chairman of Vishweshwar Bank Limited, extended gratitude with a vote of thanks, underscoring the unity and collective effort that propel the bank’s growth trajectory.
The 10% dividend announcement and the unveiling of official social media handles reflect Vishweshwar Sahakari Bank Limited’s commitment to its members and its proactive approach towards growth and innovation. With a clear vision, strategic expansion plans, and the support of its leadership and stakeholders, the bank is well-poised to achieve its growth targets and contribute positively to the financial landscape.
