Nashik: Mahesh Co-op Bank’s Business Reaches ₹419 Crore, Posts ₹3.08 Crore Profit In FY 2025–26

Nashik: Shri Mahesh Co-operative Bank Ltd., Nashik, a leading name in the banking sector, has achieved a total business of ₹419 crore in the financial year 2025–26. The bank has also earned a gross profit of ₹3.08 crore.

On this occasion, the bank’s current Chairman, CA Vishnukant Ramchandra Mantri, and Founder Chairman, Ashok Zhanwar, expressed their gratitude to all members, account holders, customers, and well-wishers of the bank.

According to the bank’s financial statement, the share capital stands at ₹6.47 crore, while reserves and other funds amount to ₹23.20 crore. The bank has recorded deposits worth ₹267.30 crore, investments of ₹124.27 crore, and loans amounting to ₹151.57 crore. The total number of members of the bank is 9,881. The bank’s financial statements remain well balanced, and it has successfully maintained a low net NPA of 1.23%.

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Keeping pace with modern technology, the bank has introduced several customer-friendly services, including mobile banking, IMPS, UPI, NEFT, RTGS, ATM-cum-debit cards, all types of tax payment facilities, SMS alerts, email statements, and missed call alerts, either free of cost or at nominal charges. Customers have been urged to make full use of these facilities.

Present on the occasion were Founder Chairman Ashok Zhanwar, Vice Chairman Sachin Zhanwar, Honorary Executive Director Balakisan Dhut, Public Relations Director Devendra Bhutada, Directors Ramnarayan Kalantri, Adv. Nandkishore Lahoti, Shubham Mantri, Adv. Purushottam Tapde, Adv. Sarvarth Bub, Shyama Kela, Ratna Tapadiya, Vikas Salve, Ganesh Sonawane, Expert Directors Suresh Navandar and Tushar Maniyar, B.O.M. members Lalit Bub, Durgaprasad Jaju, Suraj Dhut, and Chief Executive Officer Bhaskar Shinde, among others.

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