1918
Established the Saraswat Co-operative Credit Society on 14th September, 1918 to provide financial assistance to its members
for weddings, emergencies, repayment of debt, medical treatment and others
1933
Converted the Society into a full-fledged Urban Co-operative Bank (UCB) Developed a strong foundation in terms of membership,
resources, assets and profits by fulfilling all banking requirements of our customers
1943
Celebrated Silver Jubilee year (25 years of operations) with total business of Rs.26 lakh
1968
Celebrated Golden Jubilee year (50 years of operations) with total business of Rs.8 crore
1977
Selected a bee motif to symbolise our Bank’s emblem; the logo celebrated our belief in hard work, team spirit and commitment
to enrich customer experience, every step of the way
1979
Received permanent licence to deal in foreign exchange
1988
Conferred with ‘Scheduled’ status by the Reserve Bank of India (RBI)
1993
Completed 75 years of operations with a total business of Rs.900 crore
2000
Integrated Treasury was formed by our Bank
Achieved total business of Rs.4,000 crore
Achieved total business of Rs.4,000 crore
2002
Migrated to the Core Banking System (CBS)
2006
Total business reached Rs.10,000 crore.
Process of seven Urban Co‑operative Banks merging into Saraswat Bank was initiated
Process of seven Urban Co‑operative Banks merging into Saraswat Bank was initiated
2008
Launched a branding initiative to reinforce focus on core values, which can be summed up as ‘Sense of Belonging’
Bank formed its new logo, representing two hands in the shape of a hexagon, depicting care and encouraging growth
Bank formed its new logo, representing two hands in the shape of a hexagon, depicting care and encouraging growth
2010
Inaugurated our Corporate Center ‘Saraswat Bank Bhavan’ in Mumbai
Our Bank achieved a total business of Rs.25,000 crore
Our Bank achieved a total business of Rs.25,000 crore
2011
Granted permission for pan-India operations by RBI
2014
Launched our new tag line ‘Mile Yahan, Dono Jahan’, which reflects the confluence of technology and tradition
2016
Crossed the milestone of Rs.50,000 crore total business
2018
The Bank completed 100 years of operations
2019
Won IBA 'Best Technology Bank of the Year Award' for 4th consecutive year.
2020
Forbes recognised Saraswat Bank as 'One of the World's Best Banks 2020
2021
Won IBA 'Best Technology Bank of the Year Award' for 5th consecutive year.
Forbes recognized Saraswat Bank as 'One of the World's Best Bank 2021', second time in a row.
Forbes recognized Saraswat Bank as 'One of the World's Best Bank 2021', second time in a row.
Bagged 'Frontiers In Cooperative Banking Awards 2021' in the category of – Best Digital Bank for the second year in a row and Best E-payment Initiative
