The Deccan Merchants Co-operative Bank Ltd (DMCB) was founded in 1917 by Shri. Chintamanrao Samant and has the unique distinction of being a witness to history from India's freedom movement and the glorious chapter of post-independence India and is in the business for the past 99 years. Today The DMCB has 15 locations, which includes Head office, Central Office, Data Center and 13 branches, branches spread over Mumbai , New Mumbai & Raigad and Pune Dist. The Bank have plans for moderate growth in branches, total business and profits. The bank has plans to open branches in Thane, Pune and Raigad region. All 13 branches are computerized with a Total Branch Automation solution. The Board of Directors and the management of the Bank continued to demonstrate their steady faith in the progress of the common man and the co-operative movement and they encouraged the shareholders to save despite all odds. Though the bank has medium size banking business structure but has been successful to maintain the pleasant position in the changing scenario. The bank has always kept the respect of RBI norms and followed to match the expectation of regulators.

DMCB has plans to provide modern, competitive service to its retail and small-scale customers using IT as a driver to provide the best customer conveniences. The bank started to incorporate Core Banking Solution (CBS) to achieve the projected business growth and to match the expectation of customers. The bank has started to implement the CBS in true centralized environment.

Hon. Shri. K. D. More currently heads the Bank as a Chairman and has continuously adopted the practice of fast and effective decision-making and has a perfect futuristic view. He is basically a practical businessman and social worker having broad techno-banking vision. His work, views, practices is always supported by other colleagues in the board. Shri. More always considers the opinion of each and every entity in the bank, and based on that he takes the effective decisions. He always believes in the Team Work and Team Spirit. He and his team in the Board has planned to adopt modern technology and wish to start Internet Banking, ATM Services, Mobile/SMS Banking, Tele-Banking etc. within short span of time.

Now SHRI. PRAMOD KARNAD - Chief Executive Officer have been handling day-to-day operations and have shown his manageability and effectiveness by maintaining a strong position of the bank in this modern and competitive era....