Apex Bank Recruitment 2022 For Assistant 100 Post

M.P. State Coop. Bank Ltd. had been registered on 02/04/1912 (Under Cooperative Act 1912, dhara 2) at Jabalpur naming Provisional Cooperative Bank Ltd. Central Provinces brar, later on its Head Office has been transferred to Nagpur. Bank has started its operations with the initial capital of Rs.5.00 lakhs aiming to provide finance in the field of Agriculture. Earlier individual shareholders were nominated as the representatives on the board of the Bank, to provide the democratic status to the Bank maximum share has been transferred to cooperative societies and District Central Cooperative Banks, which started a movement to form a Board of Apex Bank with the representatives from Members Cooperative Institutions.

In the year 1956 Madhya Pradesh Cooperative Bank Ltd. Nagpur has been divided and came into existence as Mahakaushal Coop Bank, Jabalpur with the affiliations of 14 District Banks. With the reorganization of the Indian state in the year 1956 and formation of new Madhya Pradesh state on 01 Nov, 1956 Mahakaushal Coop Bank has been renamed as M.P.Rajya Sahakari Bank Mydt. (M.P.State Coop Bank Ltd.)expanding their working with 56 District Central Coop Banks simply on the basis of one district one bank rule the number of District Central Coop. Banks come to 52 in 1956,48 in 1961,44 in 1966,43 in 1968 and finally 45 after division of Bhopal District Central Coop Bank,and Raisen District Central Coop Bank. Again in November 2000 after the division of Madhya Pradesh State and formation of New Chattisgarh State 7 Districts Central Coop Banks has transferred to the new state and rest 38 districts Central Coop Banks has been remained with Madhya Pradesh State Coop Bank.