Bhavana Rishi Cooperative Urban Bank Ltd was organized with the initiative and leadership of Sri RamaMoorthy Geeni with 27 enthusiastic promoters.  The bank was raised with humble share capital of Rs 14.89 Crores and 3246 share holder members.  After licensing by the Reserve Bank of India the bank commenced its operations from 9^th November 1997 from L B Nagar.  The bank’s present net worth as of 31^st March 2023 is Rs. 23.71 Crores. The bank’s deposits crossed Rs.169.49 crores and advances Rs.113.89 crores.

The Bank is paying dividend since inception of the bank.

The Bank is having four (5) branches and five (5) ATMs. The head office of the bank is functioning from its own building since November 2017. The Bank is managed by Board of Directors consisting of twelve. The bank’s operations are supervised by the Managing Director/Chief Executive officer and his team of officers.

Bhavana Bank is now ranked as “one of the leading & fast growing” Urban Co-operative Banks in the State of Telangana. The Bank has attained this premier position due to the confidence reposed by the esteemed members and customers. The Bank is managed on sound lines with true spirit of Co-operative Principles and strict compliance to the Directives issued by the Reserve Bank of India from time to time.