Innovation is the secret of success which delivers real business results. Innovative strategies should essentially aim at meaningful growth. Improvement in customer service and effcient management of cost and risk are the imperatives for managing a tough economy. Technology upgradtion and skill development of human resources ensure quality service. If we succeed in creating a brand image, public confidence and growth will follow. Now, Co-operative Banks have witnessed continued growth in the face of diverse challenges. Further,business development action plan and vision statement facilitate a focussed system where action with vision is making a positive difference.