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  The Ratnagiri District Central Co operative Bank registered on 24th May 1957 and actually started the working on 5th December 1957. The opening ceremony of the bank was held on 5.12.1957 under the chairmanship of the former president of the Maharashtra State Co operative Bank Ltd. Mumbai, Lt. Shri Ramanlal Saraiya. Basically bank was registered for ‘United Ratnagiri District’, when it was not splited, comprising today’s Ratnagiri and Sindhudurg districts.
 
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