Considering COVID-19 we have taken precautionary steps demanded by the situation. Our branches will be open, with required hygiene measures and reduced staff.
Revision in Savings Account Interest rates effective April 01, 2022
Customer Compensation and Protection Policy limiting the liability of customers in unauthorized electronic transactions is available under Bank Policies section for perusal of customers.
Our Avinashi branch located at The Utkarsh BANK Ltd. Shop No 5/215 Rajan Nagar Opp to weekly Market, K K Pudur post Avinashi Taluk, Tirupur - 641654, will be closed w.e.f April 30, 2022. It is being merged with our Tirupur branch.
Mr. Sarjukumar Pravin Simaria is the Chief Financial Officer (CFO) of our Bank. He holds a bachelor’s degree in commerce from University of Bombay and is a Chartered Accountant as an associate member of the Institute of Chartered Accountants of India (ICAI) He has received the ‘CA CFO- for Large Corporates-BFSI Award’ from the Committee for Members in Industry of Business (CMI&B), ICAI in the year 2022 and ‘CFO Lifetime Achievement Award’ at the CFO Vision & Innovation Summit & Awards in the year 2022. He has over 25 years of experience in the field of financial management and has previously worked at Canbank Investment Management services Ltd., SUN F&C Asset Management (I) Pvt. Ltd. as its CFO, HDFC Asset Management Company Limited, AIG Global Asset Management Company (India) Private Limited, American International Group, Inc., as its Head Operations, Edelweiss Capital Limited, Edelweiss Tokio Life Insurance Company Limited, Fino Payments Bank Limited as its CFO and , ECL Finance Limited and Edelweiss Financial Services Limited as its CFO.