Saraswat Bank

This year’s Annual Report is dedicated to the Excellence demonstrated by your Bank.

Excellence is the result of consistent effort and stringent adherence to well-defined processes. It is about approaching each day with renewed energy, determination, dedication, and discipline. At Saraswat Bank, Excellence is a habit, an attitude, a strong belief. It is about striving not only to be our best but about surpassing our achievements, everyday! It is about raising the bar and continuously improving, not resting on past laurels.

That’s what makes your Bank the ‘365’ Bank which serves its customers excellence, all round the clock, all through the year.

Chairman’s Insight

comma This year’s performance clearly demonstrates that your Bank is not only growing strongly but is also becoming a more sturdy organisation that has the capacity to withstand the vagaries of economic cycles. This is evident from the improved indicators of Provision Coverage Ratio and quality of our credit portfolio. comma

"This year’s performance clearly demonstrates that your Bank is not only growing strongly but is also becoming a more sturdy organisation that has the capacity to withstand the vagaries of economic cycles. This is evident from the improved indicators of Provision Coverage Ratio and quality of our credit portfolio."

Leadership Team

Shri Gautam E. Thakur
B.E. (Civil), DFM Chairman

Chairman

Shri S. K. Sakhalkar
M.Com., PGD (IR), PGD (Comp. Sc.)

Vice Chairman

Padmashri M. M. Karnik

Director

Shri S. N. Sawaikar
M.Com., D.M.A., C.A.I.I.B.

Director

Shri K. V. Rangnekar
M.A.

Director

Key Performance Indicators

₹ in crore

(in %)

EXCELLENCE RECOGNIZED

Best IT Risk & Cyber Security initiatives
(2^nd Year In A Row)

Best Technology Bank
(6^th Year In A Row)

Best Cloud Adoption

Amongst Forbes List Of World’s Best Banks
(3^rd Year In A Row)

DSCI Excellence Awards 2021

Download Report

Notice of Annual
General Meeting

Report of the Board of Directors
(English)

Report of the Board of Directors
(Marathi)

Independent Auditor's
Report and Financials

Progress at Glance

Amendment to
Bye-laws

Committed To
Excellence...

Annual Report
2021-22

YEARS IN A ROW

YEARS IN A ROW

YEARS IN A ROW

Shri Gautam E. Thakur
B.E. (Civil), DFM Chairman

Shri S. K. Sakhalkar
M.Com., PGD (IR), PGD (Comp. Sc.)

Padmashri M. M. Karnik

Shri S. N. Sawaikar
M.Com., D.M.A., C.A.I.I.B.

Shri K. V. Rangnekar
M.A.

₹ in crore

₹ in crore

₹ in crore

₹ in crore

(in %)

Best IT Risk & Cyber Security initiatives
(2^nd Year In A Row)