ವಸಂತ ಧಾರ್ಮಿಕ ಶಿಬಿರದ ಸಮಾರೋಪ ಸಮಾರಂಭ

The centenary programme of the Malleswaram Cooperative Bank was held at Tripuravasini grounds on Sunday, marking a significant milestone. Inaugurating the programme, Bengaluru North MP DV Sadananda Gowda said, "Today feels like a festive gathering, with every resident of Malleswaram and all members joining in. This widespread participation underscores the immense popularity of the Malleswaram cooperative bank. It's a testament to how customers perceive our bank. I commend the bank's management for their exceptional stewardship, making the bank a favorite among all. During global economic turmoil, it's the cooperative banks like ours that have shown resilience. While many global banks faced meltdown during past crises, our cooperative banks stood firm. In 2009, global economists acknowledged that India, largely unaffected by the global slowdown, owed much to its robust cooperative banking system. India's strong familial financial practices, coupled with the unwavering faith in the cooperative system, contributed significantly."

Malleswaram MLA and former Deputy Chief Minister Dr CN Ashwath Narayan who was the chief guest of the programme reflected on the cooperative sector's pre-independence origins, emphasizing its ethos of equality and equitable resource distribution. He noted the humble beginnings of the Malleswaram cooperative bank, which started in a single room and has since grown into a symbol of hope and support for thousands. Despite facing numerous challenges, cooperative banks like Malleswaram have thrived, thanks to effective management. Dr. Narayan expressed his wishes for the continued success of the Malleswaram cooperative bank, a source of pride for all. "I am very happy to participate in this programme which is so well organised and I congratulate everyone associated with Malleswaram Cooperative Bank."

The president of the bank, Mr. B Ramesh, recounted the origins of the Malleswaram Cooperative Bank, which was founded on June 20, 1920, by a group of ambitious young individuals who recognized the need for accessible banking services in the area. Initially, the bank operated out of a modest room on 7th Cross, Malleswaram, but as time progressed, its operations flourished. Transitioning from its humble beginnings, the bank moved into a more spacious building, marking its ongoing growth and development. Fueled by a dedication to delivering outstanding customer service and embracing technological advancements, the bank has expanded its reach, opening branches in strategic locations such as Malleswaram (its headquarters), Rajajinagar, Vyalikaval, Yeshwanthpur, Ganganagar, and RPC Layout. This expansion serves as a testament to the unwavering trust and confidence that patrons have placed in the bank. NM Suresh, the director of the bank and also the President of the Karnataka Film Chamber of Commerce, likened the Malleswaram Cooperative Bank to a sturdy tree with deep roots. In his analogy, he emphasized that the bank's foundation is solid and reliable, akin to the robust roots of a healthy tree.

Former MLC Ramchandra Gowda attended the event, alongside bank's vice-president Dr. V Shankar and director Mr. Ananthan AR and other directors were seated on the dais. Meanwhile, bank members joined in the festivities, which included entertainment programs.

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