R P Ravishanker

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R P Ravishanker

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VCCS - Photo Gallery

VASAVI CREDIT CO-OPERATIVE SOCIETY

 

  • 1991  – Vasavi Credit Cooperative Society commenced operations in January and  ended the financial year with a profit of Rs. 1231.00. This was just  the beginning and fledgling showing its primary colors.
  • Having  achieved a profit in the first year, the society has grown at a rapid  pace and in the next five years, it was rubbing shoulder with the who’s  who of cooperative societies.. Many of the long established societies  sat up and took notice of vasavi Credit Cooperative society and its  achievements.
  • Unflinching  support from members, able guidance from the board of directors and  strategic planning by the administrative board saw the society grow  positively throughout its lifetime.
  • 1996-  This year saw the society office move the sprawling kanyaka  Parameshwari Temple premises on 8th Cross, Malleswaram, Bengaluru. With  blessings from Shivakumara Swamiji and the support of all members, the  society grew in leaps and bounds from this office with business growing  from thousands to lakhs and lakhs to crores. The membership also grew to  seem like the ocean.
  • The  initial investment is Rs.3.25 Lakhs and started with 525 customers and  today VCCS bank  is one of the top co-operative banks of Karnataka. 
  • ​Keeping  in mind the requirements of the needy the operations started in  Malleshwaram in January 1991 and is successfully functioning till date
  • Keeping  in mind the requirements of street vendors the bank was able to assist  nearly 1387 street vendors in and around malleswaram just in the span of  8-10 years.

Vasavi credit co-operative society limited has won eight times the best co-operative society award.

The Society has also won the highest award, SAHAKARI RATNA AWARD.

 With  effective connectivity and revolutionary benefits to the society, Shri  RP Ravi Shankar and Vasavi credit co-operative society limited became  near and dear to all classes of society. 

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R P Ravishanker - President KAVMS

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