About The Mannarkkad Rural Service Co-op. Bank
The Mannarkkad Rural Service Co-op. Bank Ltd., one of the leading Service Co-operative Banks in Kerala, in its outlook and approach, has the objective of progress and prosperity of all. From a humble beginning in 17-May-1989 as a Co-operative Credit society with a share capital of a merely Rs.30,000/- held by 83 members, today The Mannarkkad Rural Service Co-op. Bank Ltd has become one of the leading Service Co-operative Bank. The area of operation which was small to only one Panchayath (2 revenue villages).Currently, the capital base of the bank stands at Rs. 7582 Lakhs and Reserves and surpluses at Rs.2.27 crores as on 31.03.2010. The bank has 10201 members and more than 25012 depositors.The Bank has seen a tremendous growth in deposits
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