He has been the Director of Cosmos Bank since 1978. He has graced the Chairmanship of Cosmos Bank many times in the past.
Being the Director of The Cosmos Bank as well as Cosmos eSolutions & Services Private Limited which is the fully owned subsidiary of Cosmos Bank he is appointed to the post of ‘Group Chairman.’
Dr. Abhyankar is such an eminent personality, reputed for his knowledge in the field like economics, banking etc. He has played a vital role in development of the Bank.
He is associated as member or director or committee member with apex organizations like the Reserve Bank & other national level institutions and federations in Co-operative banking sector like NAFCUB, TAFCUB etc. He was appointed by the Reserve Bank in 1998 as a member of High Power Committee on Urban co-operative Banking. He was also a Director of erstwhile Apex Urban Co-op. bank of Maharashtra & Goa. He is invited by RBI as an expert Member on the Standing Advisory Committee on UCB’s since last 6 years.
Recently, In November 2010, he was appointed by RBI on an important Committee to consider & recommend the policy for granting new banking licences to urban co-op. banks & to consider formation of an ‘Umbrella Organization’ for urban co-op. banks in India.
He was unanimously elected as the Chairman of NAFCUB in the month of February 2014 bringing the Chairmanship of NAFCUB to Maharashtra for the first time.
He is a Rotarian for last 37 years & was District Governor in 1990-91. He is recipient of many awards including the prestigious "Jeevan Gaurav" puraskar.
At Present he is Chairman of Maharashtra Chitpavan Sangh and also of Jeevan Jyot Mandal, Pune (the first private school in India to impart education to Deaf and Dumb students.)