Indraprastha Sehkari Bank Ltd has come into existence on 01.10.1989 with one office in Delhi, with a paid up capital of just Rs. 15,62,900 Lacs and
2666 members because of constant efforts made by Late Shri Tara Chand, an eminent Co-operator who was also the founder of Delhi Nagrik Sehkari Bank Ltd., Delhi.
The Bank has made a rapid growth over the years and bloomed into a renowned institution with an attentive presence in the Union Territory of Delhi.
At present the Bank has four fully computeraized branches in Delhi which are effectively controlled and managed by efficient & qualified Board of Directors and Bank’s Chief Executive Officer Shri Rajeev Gupta. Experienced & energetic staff supports the Management in implementation of policies and procedures. Our Bank has been getting grade “A” in Audit since long time.
The bank has been maintaining tradition of excellent performance. The bank has earned good profit during the Financial Year 2008-2009 despite burden of Income Tax and volatile market conditions. Further banks are facing problem of deployment of funds. The crediability of Co-operative Sector has become doubtful because of collapse of some of the banks in India. However, due to sound Net Worth and good ALM, our bank is marching ahead progressively. While facing completion with other Commercial Banks, our moto is to retain and attract customers through our excellent services.
We render prompt and personal customer service in pleasant atmosphere. We serve all sections of our society and especially the weaker section of the society. We have good track record of profit and very low net NPA percentage.
