Financial independence of women is one of the principal prerequisite of a progressive and equitable society. Working towards this objective, Late Smt. Minati Mukherjee along with a few women volunteers participated in a general meeting on the 20^th of September, 1996 and decided to establish a Women’s bank in Durgapur. Adhering to the establishment rules of a cooperative society, on the 8^th of October, 1998, the chief promoter Smt. Minati Mukherjee along with 15 regular promoters unanimously named the bank as Durgapur Mahila Cooperative Bank Limited.

Within a short span of its existence, Durgapur Mahila Cooperative Bank Limited has catered to thousands of customers while focusing primarily on its objective to make women financially independent. Over and above that, a large section of our account holders belong to the economically impoverished sections of the society. There has been a stupendous increase in both loan amounts and loanee members. Individuals starting off with Rs. 5000 as loan amount are now granted loans up to Rs. 18 lac for business purpose.