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The Bank has a very humble but a very inspiring beginning. On 14th September 1918 , The Saraswat Co-operative Banking Society was founded. Mr. J.K. Parulkar became its first Chairman, Mr. N.B. Thakur, the first Vice-Chairman, Mr. P.N. Warde, the first Secretary and Mr. Shivram Gopal Rajadhyaksha, the first Treasurer.
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