Press background on Adarsh Credit Cooperative Society
Company profile
Adarsh Credit Cooperative Society is India’s leading credit co-operative society which is headquartered in Ahmedabad, Gujarat. Established in 1999 by visionary leader Mr. Mukesh Modi, Adarsh Credit Co-operative Society reaches 1.7 million members through more than 800 branches and 240,000 financial advisors who travel through the villages and cities of India and provide financial services to all its members. Adarsh Credit Cooperative Society is also India’s only cooperative society which uses advance technology and has its own mobile application called Adarsh Money. Adarsh Credit Cooperative Society is India’s only financial institution which accepts 100% of its business by virtue of Aadhaar Card. Adarsh Credit Cooperative Society can also boast for the fact that almost 95 % of all daily transactions are done digitally through the usage of Adarsh Money Mobile Application which is a big achievement in itself.
Digital wallets are set to be inter operable as Reserve Bank of India (RBI) prepares to open up the Unified Payments Interface platform as a part of government's digitisation program. RBI is expected to issue guidelines shortly on interoperability and ‘Know Your Customer' (KYC) norms ... (more)
Mar 20, 2017 11:00 IST
Adarsh Credit Cooperative Society
