SDC Bank Limited, erstwhile Shramik Sahakari Bank Limited, was established on 11-02-1973 by Late Shri Sahebraoji Deshmukh. Sahebraoji with his hard work, honesty, foresight and strong desire to help the financially poor people, has brought the bank into such a sound financial institution, it has 14 computerized branches.
Core banking solution is under development and all branches will be connected to head office through networking system and “Anywhere Banking” will be launched soon, which will greatly enhance the image of the bank and improve customer satisfaction. The Bank’s journey in the last 34 years to Core Banking, Automation etc. has been full of ups and downs.
RBI has given permission to change the name of the bank and the bank will now be known as S.D.C.
The bank was consistently awarded ‘A’ grade in audit ratings and has met all the RBI norms. The bank is moving fast towards scheduled status and will achieve the same this year as well.