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Rajaram Bapu Sahakari Bank (Scheduled Bank)

Establishment


We are  proud to state that the Chairman of our bank is also the Chairman of

"Sangli Zillha Sahakari Nagari Bank's Association"


Veteran leader and Ex. President of Maharashtra Congress Committee, Shri. Rajarambapu Patil was instrumental in establishing education society, sugar factory, spinning mill, consumer stores and co.op.bank in this region. He had a vision of developing the rural areas for which he recognized the need of banking. On 29.6.1981, Walwa Sahakari Bank Ltd., Peth was founded. After Reserve Bank of India’s permission bank commenced its operation on 10.11.1981. Rajarambapu Patil was leading height of the bank; he saw that the bank provides services to small and needy persons.
It was his endless endeavor to cater to the needs of poor farmers of this area throughout his life. Sad demise of Rajarambapu Patil on 17.01.1984 was a big set back for this region.

His followers & board members of various organizations handed over leadership to Shri. Jayantrao Patil, in him they saw a spark of dynamism. It was unanimously decided to rename Walwa Sahakari Bank as Rajarambapu Sahakari Bank in 1984.



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