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Mr. Shrinivas D. Joshi - 037419. CA Business Achiever - Financial Services. photo. Chief Executive Officer – The Shamrao Vithal Co-operative Bank Ltd. Business Turnover of the Bank: Rs. 12677.49 Crores Net worth of the Bank: Rs. 545.88 Crores. KEY ROLE IN THE ORGANIZATION.
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Mr. Shrinivas D. Joshi - 037419 CA Business Achiever - Financial Services photo Chief Executive Officer – The Shamrao Vithal Co-operative Bank Ltd.
Business Turnover of the Bank: Rs. 12677.49 Crores • Net worth of the Bank: Rs. 545.88 Crores
KEY ROLE IN THE ORGANIZATION Setting vision for the organisation and achieving goals set for the organisation and motivating the staff of the organisation to excel in the co-operative banking sector
MAJOR ACHIEVEMENTS AS A TEAM LEADER • In spite of various limitations in Co-operative Banking Sector for expanding business the bank could successfully march ahead and make astounding progress during the tenure of present CEO. • Business of Bank increased by about 21/2times in 4 ½ years • Profit increased by 4 fold. • Return on Asset increased from 0.68% to 1.10% • Gross NPA reduced substantially • Net NPA reduced to less than 1% • No. of Branches doubled. • Expansion made in 4 additional States. • Strong Executive Team build up.
MAJOR ACHIEVEMENTS • Successful turnaround of 3 major weak Co-operative Banks acquired through merger and fruitful merger of a 4th Cooperative Bank. • Bank has been able to retain its position as the 3rd largest Co-operative Bank in the nation for the past many years • Bank is the only co-operative bank which has permission from Reserve Bank of India to sell its in-house developed “Genius” Software • Setting up of International Banking Division for independent Foreign Exchange operation after receiving Authorized Dealer Category-AD -I license from Reserve Bank of India.