Bank History

Growth contributor

Late Shri Ranchhodbhai R. Bhanderi

 

After the nationalization of major commercial banks in the year 1969, small traders and small scale industrial units in big cities and some urban places expressed difficulties in obtaining timely & adequate credit facilities. It was this objective in mind that the Rajkot Industrial & Commercial Association promoted this bank December 1982 in just 800 sq. feet. Under the dynamic & visionary leadership of Late Shri Ranchhodbhai R. Bhanderi bank has achieved remarkable growth & excellence in banking sector and just in a short span opened other new branches in the city. He was an inspirational, supportive and guiding force for development of the Bank . Dharati Bank had a privilege of his direct guidance and support in the initial developing stages.