Chief Minister opens GSCB’s administrative building in Ahmedabad(video)

Ahmedabad, 4 December 2013

Gujarat Chief Minister Shri Narendra Modi today inaugurated a new administrative building of Gujarat State Co-Operative Bank in Ahmedabad.

The state-of-the-art building has auditorium to accommodate 500 people. It has Air Conditioned guest house with 50 rooms for farmers.

Farmers from across the state will be able to stay in AC room of GSCB guest house for Rs. 100.

GSCB is first co-operative bank in the country where Reserve Bank of India has allowed to keep Rs. 1,000 crore cash in locker.

After Ajay Patel and Shankar Chaudhary’s take over, the bank is enjoying Rs. 100 crore plus profit. Once the bank witnessed loss of Rs. 16 crore.

More about the building:

The building has been named after Sardar Vallabhbhai Patel. It has been constructed at a cost of Rs. 35 crore. It has been set up over 2 lakh square ft area. It has 58 rooms farmers hostel where 250 farmers can stay at one time. It has also a 425 seat capacity auditorium with video conferencing facility. It has 4300 sqft dining hall. Reserve Bank of India(RBI) has approved “AA” type currency chest therefore 2300 sq ft area is allotted to currency chest. Total area of Sardar Vallabhbhai Patel Sahkar Bhavan is 2.01 lakh sq ft.