Krishna Sahakari Bank Ltd., Rethare Bk.

     The Krishna Sahakari Bank Ltd.,Rethare Bk. is now a prominent Urban Co-Operative Bank in Maharashtra . This Bank was established in the year 1971. By Hon’ble Late. Jayawantrao Krishnrao Bhosale who contributed immensely for the establishment and growth of bank. The bank was then being led by Dr. Suresh Jayawantrao Ji Bhosale who inspired values and principles in the bank culture.
     Presently Dr.Atul Sureshrao Bhosale heading the board of directors as Chairman. The Bank has recently completed 49 glorious years of service successfully. Transparent operations, personalized services and professional administration, coupled with social commitment have been the hallmark of the Bank, which has shown steady growth over the past years and is presently one of the leading Co-operative Banks in Maharashtra . The Bank has a network of 18 branches & 01 Ext.Counter .Our bank has expanded its wings in other prominent four districts of Maharashtra viz. Satara,Sangli,Kolhapur & Pune. Bank has decided to extend area of operation to entire Maharashtra . The bank has made remarkable progress in all these districts.
    In keeping in tune with the technology developments in banking sector, the bank has Core Banking System installed . all the branches providing quick and delightful service to its valued customers. We are introducing the various schemes introduced by the Government of India under the Pradhan Mantri Jeevan Jyoti Yojana Pradhan Mantri Suraksha Vima Yojana which is a National Mission for Financial Inclusion.Bank besides making all round progress in its activities, has not forgotten its social obligation. Bank has installed A.T.M. centers to offer integrated service to our customers.
     We are very happy to say here that we have 1,50,000 customer base . We look forwards to increasing our frontiers of growth in all directions .

 

Founder Chairman

Shri. Jaywantrao Bhosale was born in the small village of Rethare BK in Satara district on 22nd Dec. 1924. He studied at Kolhapur and Pune acquiring the degrees of BA & LLB. He was elected as the Chairman of one of the first co-operative sugar factories in India in 1959.

In the next 30 years as Chairman of one of the largest and richest co-operative sugar factory in India he gave new direction and leadership to the industry which underwent transformation from merely an industry to an instrument of social change. It was during his tenure that besides sugar, alcohol, acetone, paper started being manufactured from sugarcane.

He served as President of the Deccan Sugar Technologists Association, Chairman of the Maharashtra Federation of Co-operative Sugar Factories (1967-69), member of the Finance Committee of Government of India and member of the State Legislative Council.

His foray into education started with the establishment of Shetkari Shikshan Prasarak Mandal (Society for Promotion of Education in Farmers) in 1964. The Society runs many schools and colleges in the rural area and these institutions were among the first to encourage and promote education for girls in villages. In 1974 he established the Krishna Charitable Trust.

In 1982 the Krishna Hospital was started with 200 beds and in 1984 he succeeded in persuading the Government of Maharashtra and the then Chief Minister Shri. Vasantrao Dada Patil to allow private participation in medical schools and engineering colleges. The Late Chief Minister was a member of the Board of Trustees and a guiding force. The Medical College has now grown into a large organization with 840 bedded modern hospital and facilities for critical care, joint replacements, lithotripsy, endoscopic surgeries, dialysis etc.

In the year 2005 the KIMS was declared as “Deemed University by the MHRD of Govt. of India and new constituent colleges have been added viz. School of Dental Sciences, Krishna School of Physiotherapy, Krishna Institute of Nursing Sciences, Krishna Institute of Biotechnology & Bioinformatics and Krishna Institute of Pharmacy.Shri. Jaywantrao Bhosale embarked upon a journey to educate, to give opportunity, to improve the quality of life in the rural areas and this journey continues with his guidance and inspiration.