# Ahmedabad Mercantile Co-Op. Bank Ahmedabad Mercantile Co-Op. Bank is a Bank / Wealth / Trust based in Ahmedabad, India. ## Overview - **Organization type:** Bank / Wealth / Trust - **Headquarters:** Ahmedabad, India - **Region:** Asia - **Address:** Ahmedabad, Gujarat, India - **Founded:** 1966 - **Assets under management:** Undisclosed - **Website:** www.amcobank.com - **LinkedIn:** https://www.linkedin.com/company/the-ahmedabad-mercantile-co-operative-bank-ltd ## Regulatory record - **Reports private funds:** No ## About The birth and the spectacular growth of the Bank in a comparatively a small span of 58 years can mainly be attributed to the desire to cater the needs of the business community in general and small traders in particular, encouraging the community to save and channelize these savings for productive purposes leading to economic progress and prosperity of the community. With the passage of time and with gaining of strength and stability, the Bank spread its wings to other areas such as financing of Small Scale Industries, large industries, professionals, individuals for consumer durables, vehicles etc. as also acceptance of deposits from Non-Resident Indians. Our motto is "CUSTOMER CARE" and thereby total customer satisfaction and our goal is to BETTER to BEST. ## Sectors - Private Credit - Real Estate - Small Business Finance ## Questions ### What sectors does the bank's loan book concentrate on? The loan book skews toward Gujarat's traditional small-business ecosystem: textile manufacturing and trading, diamond cutting and polishing units, and specialty chemicals. It also carries a significant housing-finance portfolio and, like many Indian cooperative banks, a gold-loan book. The bank does not disclose a public sector-wise breakdown, but regulatory filings and public record indicate concentration in secured MSME credit. ### How does deposit insurance apply to Ahmedabad Mercantile Co-Op. Bank's depositors? As a Reserve Bank of India-regulated scheduled bank, its depositors are covered by the Deposit Insurance and Credit Guarantee Corporation up to Rs 5 lakh per depositor. This is identical to the coverage available at India's largest public and private commercial banks, reflecting the bank's regulatory recognition. ### Does Ahmedabad Mercantile Co-Op. Bank participate in fund commitments or investments beyond direct lending? No. The bank is not an asset manager, family office, or venture investor. It deploys exclusively through direct secured lending to members and small businesses, financed by its deposit base. Public filings show no material off-balance-sheet investment vehicles, fund-of-fund structures, or equity co-investment programs. ### How is the bank's asset quality? The bank's gross non-performing assets reflect legacy credit cycles common in Gujarat's cooperative sector, particularly loans extended during earlier textile and diamond sector downturns. Recent Reserve Bank of India disclosures show the bank provisions against these assets while maintaining capital adequacy above regulatory minimums. A precise NPA ratio fluctuates based on RBI's asset classification norms and loan recoveries. ### Is Ahmedabad Mercantile Co-Op. Bank subject to mergers or regulatory consolidation? Like all Indian cooperative banks, it falls under RBI's ongoing consolidation push for the cooperative banking sector, which has seen weaker cooperatives merged into stronger ones since 2004. To date, the bank has maintained independent operations, but cooperative general-body votes determine merger outcomes. The bank's scheduled status provides some insulation, but the structural pressure on small cooperative banks persists. ## Related profiles - [Ahmanson Foundation](https://altss.com/profile/ahmanson-foundation) - [Ahren Innovation Capital](https://altss.com/profile/ahren-innovation-capital) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/ahmedabad-mercantile-co-op-bank Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology