Under provisions of Rajasthan Co-operative Society 1965 bank was
incorporated on September 5, 1972 in the name of Sirohi District Commercial Co-operative Bank Ltd, with its registered
office in Sirohi. Our operations commenced in October 1972, with 52 members & an initial capital of Rs.51,700.
License was given by Reserve Bank Of India, appraising bank's progress since the bank fulfilled all fixed standards set by
the RBI.
Since them we have come a long way in expanding our network and reach,
to serve both rural and urban areas. The extension of the operations beyond the boundaries of Sirohi has led to the change
in name to Madhav Nagrik Sahakari Bank Ltd. on July 27, 1998 when bank was operating in six districts of Rajasthan. Bank
received the status of a Multistate Bank after merging two Gujarat based banks namely Sri Deesa Nagrik Sahakari Bank Ltd.
and Surendranagar Mercantile Co-operative Bank in year 2009 and changed its name to Adarsh Co-operative Bank Ltd.
Initially bank has computerized head office and all branches in 1993 to
keep pace with the changing times & to walk parallel with changing technology. Today, all the 46 branches are on Core
Banking and is maintaining 12 ATM's to keep pace up with the all leading banks.