RCMS Bank Honoured as Best Profit-Making Cooperative Bank

Current Context: The Rani Channamma Mahila Sahakari (RCMS) Bank, Belagavi was honoured as the Best Profit‑Making Cooperative Bank 2025.

 

• The award was presented on 20 Nov 2025 during the 72nd All India Cooperative Week at Haveri, Karnataka.
• It was organized by the Karnataka State Urban Cooperative Banks Federation, Bengaluru.
• RCMS Bank achieved ₹402.78 crore deposits, ₹252.79 crore loans, and ₹8.94 crore net profit in FY 2024–25.
• Chairperson Preeti K. Doddawad and Vice‑President Roopa J. Munavalli were felicitated for their leadership.
• The bank is recognized for empowering women entrepreneurs and promoting inclusive cooperative banking.

Question:

Q.1 Which cooperative bank was awarded as the “Best Profit-Making Cooperative Bank 2025”?
a) Rani Channamma Mahila Sahakari Bank, Belagavi
b) Belagavi District Cooperative Bank
c) Karnataka State Cooperative Bank
d) Shri Shantappa Urban Cooperative Bank

Answer: a) The news clearly states that Rani Channamma Mahila Sahakari (RCMS) Bank, Belagavi was honoured as the Best Profit-Making Cooperative Bank 2025.