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.