Mahesh bank surpasses business level of Rs 3,800 cr : Chairman

Mahesh bank surpasses business level of Rs 3,800 cr : Chairman

Agency News

Hyderabad, May 17 : AP Mahesh Co-operative Urban Bank Limited Chairman Purshotamdas Mandhana, on Friday said the bank has surpassed the business level of Rs 3,800 crore (unaudited) during the last Financial Year ending March, 2019.

Speaking at a meeting held in connection with shifting of the bank from Siddiamber Bazar branch into new premises here, Mr Purshotamdas said that the bank is functioning with a network of 45 branches covering 4 States – Telangana, Andhra Pradesh, Maharashtra and Rajasthan and Reserve Bank of India acceded to the request of the bank to expand its wings to Gujarat also.

The bank has constructed its own Head Office Building with modern collaborative spaces that are supported by advanced technology, at Road No.12, Banjara Hills, Hyderabad and will be moving there shortly, the Chairman added.

Earlier, BJP MLA T.Raja Singh, who inaugurated the new premises, congratulated the Management and Staff of the bank and said that Mahesh Bank is catering the needs of all walks of life of people and established its own brand image for quick and efficient customer service.

He expressed happiness over the ambiance of the new premises of the Branch which is giving corporate office elegance.

Joint Commissioner of Police and HAC Deputy Commissioner of Police (East Zone), M.Ramesh, who was also present on the occasion, lauded the efforts made by the Management of the bank for introducing techno-savvy services and products on par with the other new generation banks and conveyed best wishes to rthe bank to reach further more heights.

Chairman Emeritus of the Bank, Ramesh Kumar Bung , Vice-Chairman Rampal Attal, Bank CEO and MD Umesh Chand Asawa, Directors, Shareholders, customers and other officials of the bank have attended the function. (UNI)