Company Information

Get to know Shivalik Mercantile Cooperative Bank

Shivalik Small Finance Bank (which began as Shivalik Mercantile Cooperative Bank in 1998) holds the distinction of being the first Urban Cooperative Bank (UCB) in India to transition into a Small Finance Bank (SFB). It officially commenced business as an SFB on April 26, 2021, after receiving its license from the Reserve Bank of India (RBI). With its roots in serving communities in Uttar Pradesh, the bank has evolved with a mission to advance financial inclusion by providing tech-driven, customer-centric banking services. It aims to serve retail customers and small businesses, offering a comprehensive suite of banking products through a combination of physical branches and a modern digital infrastructure.

Industry

Financial BankingPRIMARY
Financial Other Service

Contact

Social

THIS SERVICE IS NOT AVAILABLE IN YOUR REGION

Shivalik Mercantile Cooperative Bank

India

Founded in

1997 (29 Years)

Founded

Last online: No recent activity

Claim company Visit website

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

OVERALL SCORE

Others

--/10

Reviews

--/90

0 reviews

Provided by TrustFinance

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.