ABOUT MSCBA

THE MAHARASHTRA STATE CO-OPERATIVE BANKS’ ASSOCIATION LTD., MUMBAI

Welcome to the Maharashtra State Co-operative Banks' Association Ltd. (MSCBA), Mumbai. Established in 1939, MSCBA has been at the forefront of promoting and nurturing co-operative banking in Maharashtra for over eight decades. Our journey is a testament to our commitment to co-operation, inclusivity, and financial empowerment.

Head Office

01

Our Legacy

The roots of MSCBA can be traced back to the recommendations of the Bombay Provincial Banking Enquiry Committee, 1929-30, led by the late Sir Janardhan A. Madan. This esteemed association officially commenced its operations in October 1939 and has since completed 79 remarkable years. Our legacy is built upon the guidance and dedication of eminent figures such as Shri R.G. Saraiya, Shri V.L. Mehta, Shri D.R. Gadgil, Shri D.G. Karve, and Shri Vasantdada Patil. Their visionary leadership has paved the way for our enduring success.

02

Our Unique Membership

MSCBA is distinctive in that it represents a wide spectrum of co-operative banking institutions. Our members include State Co-operative Banks, District Central Co-operative Banks, and Urban Co-operative Banks. As of March 31, 2023, we proudly count 1 State Co-operative Bank, 31 District Central Co-operative Banks, 3 Nominal Co-operative Banks and 341 Urban Co-operative Banks among our valued members.

03

Vision

At MSCBA, our vision is to lead the way in promoting the sustainable growth and development of co-operative banking in Maharashtra. We aspire to be recognized as a dynamic force for positive change, driven by innovation, excellence, and an unwavering commitment to our members and the broader community.

04

Mission

Our mission is rooted in empowering co-operative banks across Maharashtra. We are dedicated to providing these institutions with the knowledge, tools, and resources they need to thrive in today's rapidly evolving financial landscape. Upholding the principles of co-operation, ethical practices, and governance excellence is central to our mission. We work tirelessly to create an environment where co-operative banks can grow and flourish, reaching new heights of success while remaining firmly rooted in their communities. To work alongwith District Central Co-op. Banks and Urban Co-op. Banks in the State of Maharashtra to promote uniformity of Co-operative Banking Practice.

Our Commitment

MSCBA is committed to promoting financial inclusion, fostering a culture of responsible banking, and advocating for our member banks' interests. We encourage innovation, adaptation, and collaboration among our member banks to ensure their competitiveness and relevance in the digital age. Sustainability is a core aspect of our mission, preserving co-operative principles and values for future generations.

We believe in continuous learning and professional development, equipping our members and employees with the skills required for success in a dynamic financial sector. We actively seek partnerships with stakeholders to drive positive change and progress.

Our Journey

Established

1939

50 Banks

1960

Expand North Maharashtra

1980

1st Banking Awards

1994-95

TOGETHER, WE CAN SET NEW STANDARDS FOR EXCELLENCE, INTEGRITY, AND PROSPERITY, NOT ONLY FOR OUR MEMBERS BUT FOR THE ENTIRE COMMUNITY. JOIN US IN SHAPING THE FUTURE OF CO-OPERATIVE BANKING WITH MSCBA.

BE A MEMBER
;