NKGSB Co-operative Bank joined the Immediate Payment System family on 13 June 13, and on the same day has gone live with two sub products i.e MMID mode and Account No and IFS Code mode.
NKGSB Co-operative Bank with 71 banks is chiefly concentrated in Maharashtra, as 50% of its branches are in Mumbai. The remaining branches are spread in other cities of Maharshtra, Karnataka, Goa and Gujarat.
The Bank has already adopted CBS (Core Banking Solution) hence it is offering the full suite of ePayments i.e NEFT/RTGS/IMPS
The greatest contribution of NKGSB Co-operative Bank is the Annual Sheth Shantaram Mangesh Kulkarni Memorial Lecture Series. Eminent personalities are invited every year to deliver the Annual Lecture on a wide variety of Banking topics.
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