About Us
The Mission
We aim to involve ourselves in to a strong and sound competitive financial system by:
- Providing integrated services to customers from all segments
- Leveraging on technology and human resources
- Adopting best accounting and ethical practices
- Fulfilling corporate and social responsibilities towards all stakeholders
- Visualize aspiring benchmarks/ goals and attain them efficiently and effectively
The Vision Statement
- Business Mix of Rs.10000 Crores and 75 Branches till 2028.
- To become the Multistate Bank.
- To be among the Top 10, in the co-operative sector Banks, in India.
- Transformation with changing times.
History
Way back in 60’s Few enthusiastic persons gathered together with a common goal to make available the banking facility to the commonest of the common man. They had an aim that any person in genuine financial difficulty or in need of finance to fulfill his dreams whether personal or professional should have an institutional support and he should not be a prey of traditional moneylenders. The dream of these persons came into existence by bearing a name i.e. Dombivli Nagari Sahakari Bank Ltd. on 6th September, 1970.
Since then the bank has grown by leaps and bound. With a modest beginning in a small 500 sq.ft. of main branch cum central office, having deposit base of 7.04 lacs and total advances of 5.75 lacs in June 1971, it has now reached a business mix of Rs. 5832.76 crores contributed by deposit of Rs.3756.63 crores and Rs. 2076.13 crores of advances with 64 branches spread across 15 districts of Maharashtra.
Milestones
- Scheduled status in 1996.
- Rs. 100 crores deposit in financial year 1994 to 1995.
- Rs. 500 crores deposit in financial year 2002 to 2003.
- Crossed Thane Dist. Border by opening Fort and Pune Branches in 2002-03.
- Core Banking Services From Year 2006.
- Merging of Shivneri Sahakari Bank With DNS Bank’s On 13 October 2007 and Suvarana Mangal Mahila
- Sahakari Bank on 3rd January 2010.
- Crossed the milestones Rs. 4000 crores Business Mix in March 2013.
- Crossed the milestones Rs. 5000 crores Business Mix in March 2014.
- Crossed the milestones Rs. 6000 crores Business Mix in March 2015.
- Crossed the milestones Rs. 7000 crores Business Mix in March 2017.
Key Financial Indicators
- Since inception Audit class ‘A’.
- Net NPA : 1.95%
- CRAR : 15.60%
USP
Business philosophy
We aim at: Evolving ourselves into a strong and sound competitive financial system, providing integrated services to customers from all segments, leverage on technology and human resources, adopt best accounting and ethical practices and fulfill corporate and social responsibilities towards all stakeholders, visualize aspiring benchmarks / goals and attain them efficiently and effectively.
Technology
Consumer banking brings a welcome change in a common person's life. It is not only the name for giving services to elite and privileged class of the society but is also to facilitate the common people, which normally represent a big proportion of the society. It is not possible for Banks to offer better services to this big proportion of the society without the help of Technology.
Mobile & SMS Banking
DNS Bank Ltd. in an attempt to fulfill the ever rising needs of banks customers has launched SMS banking facility.SMS Banking brings Banking to your fingertips. With SMS, you can perform a wide range of query based transactions from your mobile phone. Also get alerts for transaction in account, Deposit Maturity and EMI Due's.
DNS is 1st Co-op. Bank to launch Mobile Banking Services in India. The Bank's customers can send and receive funds on any day and any time as per their convenience by using their mobile phones. Various bill payment, Mobile and DTH Recharge facility is available in mobile banking.
ATM Shared Network
DNS Bank is amongst the 1st five Co-op. Banks to join NFS ATM Shared Network. The customers now have access to 1,80,000 + ATMs across most of the bank's operating in India and bank owns 42 ATM centers.
Debit Card
Our DNS Bank offers RuPay Debit Card and the Card would be accepted on over one lakh ATMs of NFS Members Banks in the Country and would be accepted on Point of Sale (POS) and Internet. The Bank also able to provide customers anytime, anywhere, payment systems services which are simple, easy to use, safe, secure, fast and also cost effective version with introduction of Rupay Debit Card.
RTGS & NEFT
Since 2004, when RBI introduced RTGS, DNS is providing this electronic funds transfer facility. Using which customer can transfer funds to any other person's bank account within few hours in India. The NEFT facility which is similar to RTGS is also provided by the bank from the year 2007.
E-Lobby
The bank has setup E-Lobby at 11 Branches. The Lobby has facilities for customers to deposit cheques, cash, print passbook, withdraw cash, 24 hours and 365 days. Any branch's customer can access the E-Lobby for their requirements.
Social Commitment
While carrying out conventional banking bank has not lost sight of its Social responsibilities. An amount of over Rs 28 Lacs has been granted as subsidy to 101 Social, and Educational institutes working in rural areas. Bank also helps students in remote areas of Talasari, Shahapur, Nashik, Karjat and Khopoli Blocks by providing collection of 'expected questions' and 'ideal answer sheets' on all subjects.
The Bank has continued its efforts in micro financing through self help groups. In Shahapur alone bank had disbursed a loan of over Rs 1.5 crores to such SHGs. The purpose includes Poultry, Dairy, goat rearing, purchase of Fertilizers etc. I am happy to report that the repayment has been satisfactory. Bank receives help in this behalf from Utkarsh Navinyapurna Shakari Sanstha promoted by Sahakar Bharati.
Green Project
Our Bank is thinking positively to participate in social aforestation project. This project will be implemented in the area of Mamnoli, Murbad which is about 100 kms from Mumbai with the co-operation of Paryavaran Dakshata Manch.
Financial Inclusion
The Bank has continued its efforts in micro financing through self help groups. In Shahapur alone bank had disbursed a loan of over Rs 1.5 crores to such SHGs. The purpose includes Poultry, Dairy, goat rearing, purchase of Fertilizers etc.
Board of Directors
Chairman
- Adv. Mr. Ganesh Vasant Dhargalkar (B.Sc., L.L.B. )
Vice Chairperson
- Mrs. Nandini Shashikant Kulkarni (B.Com., L.L.B., C.A.I.I.B.)
Directors
- C.A. Mr. Jayant Balkrishna Pitre (B.Com., F.C.A. (D.I.S.A.))
- Mr. Mahesh Siddheshwar Phanse (B.E(Civil), M.A. (Political Science))
- Mrs. Poorva Vidur Pendharkar (B.Com. Diploma in Finance Management)
- Adv. Mrs. Meghana Sachin Ambekar (B.Com, L.L.M.)
- Mr. Laxman Dharma Kharpade (B.Com.)
- C.A. Mr. Vijay Vithoba Shelar (B.Com., F.C.A.)
- Mr. Yogesh Dhananjay Valunjkar (B.E. (Computer Engg.))
- Mr. Milind Mohan Arolkar (B.Com.,PGD (Journalism))
- Mr. Jitendra Syamjibhai Patel (B.E.(Civil))
- C.A. Mr. Abhijit Arvind Marathe (B.Com., F.C.A. D.I.S.A., CISA (USA), Diploma In Cyber Laws)
- Mr. Yogesh Vasant Chaudhari (Diploma in Electrical Engg.)
General Manager & CEO
- Mr. Ramesh Shriram Singh (B.A., L.L.B, CAIIB)
Key Personnel
Central Office Departments
CSR
- Medical checkup for Share Holders is arranged regularly.
- Donation to deserving NGO’s every year.
- “Director’s fund”, contributed by Board members, is used for social welfare.
- Meritorious Awards for the children of Shareholders as well as staff members are distributed.
- Bank encourages co-operative societies by organizing competitions like “Best co-operative Housing Society” and competitions like Eco-Friendly decorations at Ganesh-Utsav.
Testimonials
“Very efficient service and that too with a pleasant smile .... abd always.” - Mr.Kulkarni
“Very promptly and efficiently service.” - Mr.Patil
“It's best bank ....” - Mr.Pawse
“No.1 Bank ” - Mr.Kasar