Date:17/08/2007 URL: http://www.thehindubusinessline.com/2007/08/17/stories/2007081750752100.htm

Back Lokmanya Co-op Society on expansion drive

Our Bureau

Pune, Aug. 16 Belgaum based Lokmanya Co-operative Credit Society is undertaking an expansion drive in Maharashtra, and is targeting to double its current network of 46 branches by the end of 2008.

Mr Kiran Thakur, Founder Director, LCCS, said that the society would concentrate on the Western region of Maharashtra, and soon open branches in Sangli, Satara, Karad and Mumbai.

Three new branches are being added to its network of eight in Pune. Lokmanya Co-operative Credit Society is present in the States of Maharashtra, Goa and Karnataka.

It has deposits worth Rs 125 crore and has disbursed loans worth Rs 75 crore.