April 27, 2017

Information about Public Sector Banks of India, Private Sector Banks of India, List of Foreign Banks in India, Taglines of Banks in India, List of Banks in India, Banking and Finance Sector of India

Dhanalakshmi Bank

Dhanlaxmi Bank Ltd. was incorporated in 1927 at Thrissur, Kerala by a group of ambitious and enterprising entrepreneurs.Over the 84 years that followed, Dhanlaxmi Bank with its rich heritage has earned the trust and goodwill of clients. It is due to our strong belief in the need to seek innovation, deliver best service and demonstrate responsibility, that we have grown from strength to strength. [… Next …]

City Union Bank

The bank, ‘The Kumbakonam Bank Limited’ as it was then called was incorporated as a limited company on 31st October, 1904. The first Memorandum of Association was signed by twenty devoted and prominent citizens of Kumbakonam including Sarvashri R. Santhanam Iyer, S.Krishna Iyer, V.Krishnaswami Iyengar and T.S.Raghavachariar. T.S.Raghavachariar was the First Agent of the Bank. [… Next …]

Centurion Bank

The Centurion Bank of Punjab (formerly Centurion Bank) was an Indian private sector bank that provided retail and corporate banking services. It operated on a strong nationwide franchise of 403 branches and had over 5,000 employees. The Bank’s shares were listed on the major Indian stock exchangesand on the Luxembourg Stock Exchange. On 23 May 2008 HDFC Bank acquired Centurion Bank of Punjab. [… Next …]

Catholic Syrian Bank

Catholic Syrian Bank Limited is a private sector bank situated in Thrissur city of Kerala state in India. Catholic Syrian Bank has 363 branches, 1 extension counter and over 125 ATMs, and a net profit of Rs 36.56 crore in 2007-08 on revenues of Rs 50 crore. Catholic Syrian Bank has a strong presence in rural India and around 80% of the bank’s branches are located in the semi-urban and rural areas of India. [… Next …]

Bank of Rajasthan

The Bank of Rajasthan Ltd is a private sector bank of India. It was set up at Udaipur in 1943 with an initial capital of Rs.10.00 lacs. An eminent Industrialist Late Seth Shri Govind Ram Seksaria was the founder Chairman. It was classified as the Scheduled Bank in 1948. The Bank also established a rural (Gramin) bank Mewar Anchlik Gramin Bank in Udaipur District in Rajasthan on 26th January, 1983. The bank’s central office is located at Jaipur, while registered office is in Udaipur. Presently the bank has 463 branches. [… Next …]

Bank of Punjab

Established in 1989, in pursuance of The Bank of Punjab Act 1989 and was given the status of scheduled bank in 1994. The Bank of Punjab is working as a scheduled commercial bank with its network of 273 branches at all major business centres in the country. The Bank provides all types of banking services such as Deposit in Local Currency, Client Deposit in Foreign Currency, Remittances, Advances to Business, Trade, Industry and Agriculture A wholly owned subsidiary of BOP First Punjab Modaraba (FPM) was established in 1992 and is being managed by Punjab Modaraba Services (Pvt) Ltd. [… Next …]

Axis Bank

Axis Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI – I), Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies, i.e. National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd. [… Next …]

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