News

9 December 2011,

Lobby Banking started in Nerul Branch on 9th December '2011

Lobby banking offers following service to the customers at Nerul Branch

·         Cash deposit facility (Real Time) with immediate receipt.

·         Cheque deposit facility with immediate receipt.

·         Cash withdrawals (Cash dispense with 2 denomination)

·         Pass book printing

·         Statement printing for SB & CA

·         Utility bill payments with receipt

·         Coin Dispense facility and much more

28 October 2011,

Greater Bank has been felicitated with the Banking Frontier Best IT Adoption Runner-up Prize

Greater Bank has been felicitated with the Banking Frontier Best IT Adoption Runner-up Award

15 August 2011,

Dombivali branch opened with E-lobby facility on 13th August'2011

Greater Bank will provide all banking transactions & information solutions to its customers through fully automated Lobby Banking. No more queues at bank counters and yet banking made easy and available for customers 24 hours a day, 7 days a week.

GBCB- Lobby banking offers following service to the customers

·         Cash deposit facility (Real Time) with immediate receipt.

·         Cheque deposit facility with immediate receipt.

·         Cash withdrawals (Cash dispense with 2 denomination)

·         Pass book printing

·         Statement printing for SB & CA

·         Utility bill payments with receipt

·         Coin Dispense facility and much more

26 July 2011,

60th AGM of The Greater Bombay Co-Operative Bank Ltd held on August 12, 2011

Notice is hereby given that the 60^th Annual General Meeting of The Greater Bombay Co-operative Bank Limited will be held on Friday, 12^th August 2011 at 11.00 a.m. at the Indian Education Society, Manikrao Lotlikar Vidya Sankul, Opposite Lilawati Hospital, Bandra (West), Mumbai 400 050.

26 June 2011,

Greater Bank introduced Mobile Banking

Greater Bank introduced Mobile Banking on dt.25.06.2011 as GB M-Connect for the Customers. Now Greater Bank allows you to transfer money from anywhere in India from your Mobile Phone.

Key Features

Free of charge facility for Greater Bank customer
Instant fund transfers from any where in india
24 x 7 x365availability
Credit and debit SMS confirmations to sender and receiver
Simple & easy to use
Time & cost saving
Safe & secure

31 March 2011,

New Branch at Kharghar with E-LOBBY facility

Greater Bank E-Lobby services

The Greater Bombay Co-operative Bank Ltd., a well established and leading bank in the co-operative sector is the 1^st Bank to have launched complete E-Lobby services 24 X 7, a strategy of innovation and technology focus, at its Kharghar branch premises. The announcement and unveiling of this service was made at the inauguration ceremony of the Bank’s 22^nd branch at Kharghar on 30.03.2011. Greater Bank, an ISO 9001: 2008 certified Bank is always one step ahead in adopting the latest technology and has introduced the E-Lobby services 24 X 7, a complete automated bank in itself and a brand new concept which will take the banking world to greater heights.

Lobby Banking is defined as the automated delivery of new and traditional banking products and services without the intervention of the bank staff and through the interactive communication channels.

Greater Bank Lobby Banking:

Greater Bank will provide all banking transactions & information solutions to its customers through fully automated Lobby Banking. No more queues at bank counters and yet banking made easy and available for customers 24 hours a day, 7 days a week.

GBCB- Lobby banking offers following service to the customers

· Cash deposit facility (Real Time) with immediate receipt.

· Cheque deposit facility with immediate receipt.

· Cash withdrawals (Cash dispense with 2 denomination)

· Pass book printing

· Statement printing for SB & CA

· Utility bill payments with receipt

· Coin Dispense facility and much more

Branch Address:- Shop No 1& 2, Hari Om Heritage, Plot no 8 Sector – 21, Kharghar, Navi Mumbai.
Phone No. 022-64550397

Telefax No. 022-27742499

Contact: Mr.Shailesh Gaikwad
Email Id:- shailesh.gaikwad@greaterbank.com

4 February 2011,

Money Transfer Service Scheme

MoneyGram Service (MTSS) Greater Bank has joined MoneyGram's international agent network through super-agent Thomas Cook (India) Ltd. and will offer money transfer (inward remittance) services through its 21 branches across Mumbai. MoneyGram is a person to person money transfer service and in order to receive money via MoneyGram in India, the recipient has to simply walk into any Greater Bank branch in Mumbai, complete a simple Receive Form and show a photo identification to receive funds. Salient Features o International Money Transfer within 10 minutes, from around the world, quickly, easily, safely and reliably. (This arrangement is for Inward remittances only) o Can be availed by families, overseas travellers, NRIs & others- for remittances in emergencies & otherwise o Your Bank will operate as a Receiving Agent and MoneyGram service is available at all our Wide network of branches. o No requirement to have a bank account.

30 December 2010,

Greater Bank introduced Mobile Top-Up

Greater Bank introduced Mobile Top-up services through Greater Bank ATMs exclusively for Greater Bank Cardholders , Now Recharge Prepaid Mobiles with Greater Bank ATMs.It’s as simple as withdrawing cash from the ATM, just use the option of Mobile Top-Up on the ATM Screen after you insert your ATM Card and PIN.

Following are the service providers: Airtel, Loop Mobile, Vodafone, Idea, Reliance CDMA & GSM, TTSL CDMA, Tata Docomo, BSNL, Aircel, Virgin Mobile CDMA and GSM, S-Tel, and Uninor.

Shortly, you will be able to recharge Videocon and MTS also.

8 September 2010,

The first scheduled urban co-operative bank in India to get certified for ISO 9001:2008

The Greater Bombay Co-operative Bank Ltd. is the first scheduled urban co-operative bank in India to get all its branches and offices certified for ISO 9001:2008 Quality Management System Standard, by Bureau Veritas Certification (India) Pvt. Ltd. (BVCI) on 12^th August 2010.

Scope of the certification includes all commercial banking services miscellaneous banking services and support services provided at network of branches and offices of Greater Bank.

14 August 2010,

AGM of The Greater Bombay Co-Operative Bank Ltd held on August 13, 2010

The 59th Annual General Meeting of The Greater Bombay Co-operative Bank Ltd. was held at The Indian Education Society, Manikrao Lotlikar Vidya Sankul, Bandra (W), Mumbai, on August 13, 2010. Shri. B V R Sarma, CEO, welcomed more than 1000 members who attended the AGM.

Shri. Narendrakumar A. Baldota, Chairman, Greater Bank, addressed the meeting and recounted in detail the performance of the Bank. In the F.Y 2009-2010, the Bank has registered a net profit of 7.47 cr. and crossed a business mix of Rs. 2000 cr. Net Worth has crossed a benchmark of Rs. 100 cr. to reach Rs. 102.7 cr. and Net NPA has reduced from 1.7% to 1.02%. CRAR is maintained at a comfortable level of 22.93% as against the statutory requirement of 9%. CASA deposits recorded a YoY growth of 31.4% which is an increase of 31% over the last year. Dividend @ 15% was approved for the year ended March 31, 2010 at the meeting. The Bank opened two new branches at Mira Road and at Churchgate recently and also have plans to open two more branches in the near future. The Chairman thanked the members for their continued and unstinted support in the Bank’s endeavour.

24 July 2010,

Opening of Churchgate branch

Greater Bank announces the opening of its new branch at Churchgate on June 24, 2010.
Branch Address : Baldota Bhavan, 3rd floor
117 Maharshi Karve Road
Churchgate, Mumbai 400 020
Tel nos.:- 61285925 / 61285926 / 61285931
e-mail: john.quadros@greaterbank.com

15 April 2010,

Bank Participation at Golden Jubilee Celebration of Co-operative Banks Employees' Union, Mumbai

Co-operative Banks Employees’ Union, Mumbai on the occasion of its Golden Jubilee celebration had organized various sports & cultural programmes. Our Bank's staff members have participated in large scale and also won prizes.

1. Mr. Bhagwat Nitin won the title of Table Tennis tournament

2. Kumar Rajas son of our staff Mrs. Varsha Ghatge won the best child artist prize in the drama competition the other participants were Mrs. Prajakta Kulkarni & Mr. Anil Deore.

3. Many of our Lady Staff members participated in the ‘Haldi-Kumkum’ Programme on the occasion.

12 January 2010,

'Long Term Deposits'

We have great pleasure to announce that the 'Long Term Deposits' scheme floated by our bank has received tremendous response from our customers & existing depositors as well as shareholders. We have reached the set limit of Rs. 25 cr & hence we hereby announce closure of the scheme.

We take this opportunity to thank our customers & shareholders for the success of this scheme.

11 January 2010,

Bhandup branch had organized a Drawing & Painting Competition for children.

Our Bhandup branch had organized a Drawing & Painting Competition for children of different age groups at Samarth Gardens Complex, Bhandup(W) on 3rd January, 2010 at 11.00 a.m.

Nearly 52 children of different age groups participated in the competition.
View the photographs for the same in the gallery section.

8 January 2010,

Retirement of Shri Mohan S. Darekar -Director (Staff Representative)

Shri Mohan S. Darekar Director – Staff Representative & Unit Organising Secretary, retired from the services of the Bank on 31st December, 2009. He had joined our Bank on 1st July, 1977 and had a eventful & successful career with our Bank. He served the Bank for more than 32 years and as a staff representative for more than 25 years.

A grand farewell function was organised at Dadar to felicitate him. The function had the presence of Shri Anandrao Adsul (Member of Parliament & President of the Co-operative Bank Employees' Union ), Shri Anand Ahire (Director), Shri BVR Sarma (CEO), Shri Shekhar Desai (Sr. G.M.), Shri N. B. Rege (Director Staff Representative & Union Vice President). A large number of Staff members alongwith Executives of the Bank were present for the felicitation of Shri Darekar at the Hands of Shri Anandrao Adsul. On behalf of the Greater Bank family we wish him a happy, peaceful & healthy retired life.

24 October 2009,

More Details...

SMS Alert Facility

It is a great pleasure to announce that The Greater Bombay Co-operative Bank Ltd, Mumbai has launched SMS Alert Facility with effect from 26^th October 2009.

Bank is offering this facility to all customers absolutely free of cost.

Customers can avail of the following PUSH alerts:

Debit Transaction of Rs.5000/- and above.
Credit Transaction of Rs.5000/- and above.
ATM withdrawal above Rs.5000/-.

Please download Application Form from the forms section on the Website and submit to your nearest Branch to avail this facility or contact your nearest Branch.

1 July 2009,

Launched "Greater Sampoorna Saving Deposit Scheme"-with auto/reverses sweep facility

Greater comforts in accessing your account with Greater Sampoorna Saving Deposit Account, the scheme which provides you the wider benefits than an ordinary savings account. Greater Sampoorna is really a Sampoorna account as it is combination of a Saving Bank account with an add-on of a Term Deposit account. Save on charges & Earn through Greater Sampoorna. For more details visit the Deposite Section.

1 July 2009,

Launched "Greater Paripoorna Current Deposit Scheme"- with auto/reverses sweep facility

Greater comforts in accessing your account with Greater Paripoorna Current Deposit Account, the scheme which provides you the wider benefits than an ordinary Current account. Greater Paripoorna is really a Paripoorna account as it is combination of a Current account with an add-on of a Term Deposit account. Save on charges & Earn through Greater Paripoorna. For more details visit Current Account section

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