Mangaluru: MCC Bank Ltd celebrated its 114th Founders Day at its Administrative Office Campus on May 9, 2026, recalling the vision and legacy of founder late Mr. P.F.X. Saldanha and highlighting the Bank’s remarkable growth in recent years.

The programme brought together dignitaries, directors, staff members, and well-wishers to honour the institution’s journey and achievements.

Dignitaries grace the occasion

The event was presided over by Sahakara Ratna Mr. Anil Lobo, Chairman of MCC Bank.

Chief guests included:

  • Rev. Dr. Praveen Martis SJ, Vice Chancellor of St Aloysius (Deemed to be University), Mangaluru
  • Dr. Meera Aranha, Former General Manager and Chief Compliance Officer of Karnataka Bank
  • Mr. Roy Castelino, PRO of the Diocese of Mangalore and President of Rachana Chamber of Commerce and Industry
  • Mr. Isaac Vas, Former President of Kanara Chamber of Commerce and Industry

Mr. Sunil Menezes, General Manager of the Bank, was also present.

The dignitaries and family members of the founder paid floral tributes to the portrait of late Mr. P.F.X. Saldanha in remembrance of his contribution towards establishing the Bank.

Chairman highlights remarkable growth

In his welcome address, Chairman Mr. Anil Lobo stated that the Founders Day celebration was initiated after the current management took charge to honour the vision and mission of the founders.

He said the Bank had witnessed significant progress since 2018 through professionalism and collective teamwork.

Highlighting the growth, he said:

  • Branch network expanded from 16 to 21 branches after 24 years
  • Business turnover increased from ₹500 crore to ₹1,525 crore
  • Deposits rose from ₹300 crore to ₹875 crore
  • The Bank recorded a profit of ₹13 crore
  • MCC Bank continued to maintain “A” Grade audit classification

He also announced plans to expand the branch network from 21 to 25 branches during the current financial year.

Appreciation for social initiatives

Rev. Dr. Praveen Martis praised the leadership of Chairman Mr. Anil Lobo and appreciated the transformation achieved by the Bank in recent years.

He particularly lauded the “Vidyadhan Student Credit Scheme” introduced to support economically weaker students pursuing higher education.

He noted that MCC Bank had evolved into a people-oriented institution balancing financial growth with social responsibility.

Launch of Vidyadhan Education Scheme

Dr. Meera Aranha formally launched the “Vidyadhan Education Scheme” during the programme.

She congratulated the Bank for its achievements over the past seven to eight years and highlighted the importance of Artificial Intelligence, climate and ESG risk management, and trust-building in shaping the future of banking.

Recognition and felicitations

Mr. Roy Castelino congratulated the management and staff for achieving threefold growth within seven years and observed that the Bank still had significant scope for expansion.

Mr. Isaac Vas released the Bank’s Bulletin along with Editor Dr. Gerald Pinto and praised the founder for building the institution on trust and confidence.

On the occasion, the Bank felicitated:

  • Newly qualified Chartered Accountants CA Muriel Mascarenhas and CA Joyston Dsouza
  • Konkani Central Sahitya Akademi Award winner Mr. Henry Mendonca (H.M. Pernal)
  • Kittur Rani Chennamma Award recipient Ms. Rishel Fernandes
  • Rajyotsava Award recipients Dr. Joseph Lobo, Mr. Xavier D’Souza, and Mr. Prem J. Moras

Director Mr. Roshan D’Souza and Director Mr. Anil Patrao were also felicitated on their birthdays.

Mr. Bannu Fernandes, designer of the Bank’s new logo, and Architect Mr. Deepak D’Souza were honoured during the event.

Cultural and concluding sessions

The programme began with a prayer led by Mr. Manoj Lopes and team.

Mr. Sunil Menezes delivered the vote of thanks, while Mr. Jason Shirthady compered the event.

Several directors and senior members of the institution were present during the celebration.

Conclusion

The 114th Founders Day celebration reflected MCC Bank’s legacy of trust, growth, and community service while reaffirming its commitment to customer-focused banking and social responsibility.