How It Bucked the Trend ; on the Whole, the Performance of Urban Co-Operative Banks Is Underwhelming, So How Did Saraswat Bank Beat the Odds?

In 2002, Hanumant Gaikwad, founder of Punebased facilities management company BVG India, needed a loan to buy housekeeping and gardening equipment worth Rs 1 crore. It was a big amount, considering that BVG's revenues were just Rs 2 crore at the time. After five public-sector and private banks ... (Publication: Business Today)