Rajgurunagar Sahakari Bank Ltd. has rich history over the period of pre independent India. Bank was established in the Year 1931 in small village of Khed in Pune District by its Founder Member Late Shri Parshuram Bhagirath Apte with the social objective of providing easy credit to small farmers in and around Khed District who otherwise had to avail finance from Local Money Lender at hefty rates and providing momentum to co-operative movement