The genesis of Indian Banking is associated to a large extent with Swadeshi Movement, which inspired many Indians to promote Swadeshi Banks in the beginning of the 20th Century. The enterprising founders of Catholic Syrian Bank Ltd also found this period an opportune moment to promote the establishment of a bank. Thus was born The Catholic Syrian Bank Ltd , Eight decades ago, on 26th November 1920 to be exact at Thrissur,which in later years acquired the unique distinction of being a centre with the highest concentration of banks in the South. The founder directors of the bank were people of eminence known for their foresight, integrity and initiative.

Date Added: Aug 19, 2007 Hits: 4 Rating: 0.00 Votes: 0

Understanding Federal Bank is all about understanding relationships. Knowing how our relationships helped to make us the largest traditional private sector bank in the country. Of how we nurtured our relationships for more than seven decades, gaining us the reputation of being an agile, technology savvy and customer friendly bank. Learning how we built our wide network of branches, reaching out to cover all the major cities of the country, to be accepted as one of the leading private sector banks in the country. And rejoicing on the fact that we are a dominant presence in the state of Kerala. Pioneers in Enhancing Customer ConvinenceFederal Bank has played a pioneer role in developing and deploying new technology assisted customer friendly products and services. A few of its early moves are cited below: First, among the traditional banks in the country to introduce Internet Banking Service through FedNet First among the traditional banks to have all its branches automated. First and only Bank among the traditional Banks in India to have all its branches inter-connected First Electronic Telephone Bill Payment in the country was done through Federal Bank. First and only bank among the older Banks to have an e-shopping payment gateway. First traditional Bank to introduce Mobile Alerts and Mobile Banking service. First Bank to implement an Express Remittance Facility from Abroad First in India to provide RTGS facility in all its branches.The Bank has also the distinction of being one of the first banks in the country to deploy most of these technology enabled services at the smaller branches including rural and semi-urban areas.

Date Added: Aug 19, 2007 Hits: 7 Rating: 0.00 Votes: 0

The Bank started in 1939, with 50 members and capital of Rs.500/- each, the bank now has grown to 23073 members and Rs. 149.70 Lakhs Share Capital. Esteemed individuals have put huge amount of effort put to bring the bank into such a position. Senior Raja Sri. T.N. Manavedan Tirumoolpad of Nilambur Kovilakam was the first member for the bank. The foremost presidents of the bank were Sri. T.N. Veerarayan Raja, Sri.Manavikraman Raja, Sri. T.N. Kochunni Tirumoolpad and with their outstanding performance they were able to get the strong belief from the people. After that continuously for 35 years Sri.Pulakkal Kuttikrishnan Nair was the President of the Bank. Due to aging reasons, in 1980 he kept away from administrating the bank. By the time he was able to open branches at Vandoor and Kalikave. He was able to bring 17 panchayaths under the banks operation area and also was able to make the bank financially strong by this time.

Date Added: Aug 19, 2007 Hits: 2 Rating: 0.00 Votes: 0

OverviewThe Oldest Joint Stock Bank of the Country, Allahabad Bank was founded on April 24, 1865 by a group of Europeans at Allahabad. At that juncture Organized Industry, Trade and Banking started taking shape in India. Thus, the History of the Bank spread over three Centuries - Nineteenth, Twentieth and Twenty-First.Nineteenth Century April 24, 1865 The Bank became a part of P & O Banking Corporation's group with a bid price of Rs.436 per share, 1890's By the end of the Century, the Bank had its Branches at Jhansi, Kanpur, Lucknow, Bareilly, Nainital, Calcutta & Delhi, Twentieth Century 1920's The Bank became a part of P & O Banking Corporation's group with a bid price of Rs.436 per share, 1923 The Head Office of the Bank shifted to Calcutta on Business considerations, July 19, 1969 Nationalized along with 13 other banks, Branches - 151 Deposits - Rs.119 crores, Advances - Rs.82 crores October, 1989 United Industrial Bank Ltd. merged with Allahabad Bank, 1991 Instituted AllBank Finance Ltd., a wholly owned subsidiary for Merchant Banking, Twenty-First Century October, 2002 The Bank came out with Initial Public Offer (IPO), of 10 crores share of face value Rs.10 each, reducing Government shareholding to 71.16%, April, 2005 Follow on Public Offer (FPO) of 10 crores equity shares of face value Rs.10 each with a premium of Rs.72, reducing Government shareholding to 55.23%, June, 2006 The Bank Transcended beyond the National Boundary, opening Representative Office at Shenzen, China, Oct, 2006 Rolled out first Branch under CBS, now we have 18 CBS branches, February, 2007 The Bank opened its first overseas branch at Hong Kong, March 2007 Bank's business crossed Rs.1,00,000 crores mark.

Date Added: Aug 19, 2007 Hits: 2 Rating: 0.00 Votes: 0

Andhra Bank" was founded by the eminent freedom fighter and a multifaceted genius, Dr.Bhogaraju Pattabhi Sitaramayya. The Bank was registered on 20th November 1923 and commenced business on 28th November 1923 with a paid up capital of Rs 1.00 lakh and an authorised capital of Rs 10.00 lakhs. The Bank crossed many milestones and the Bank's Total Business as on 30.06.2007 stood at Rs.68,466 Crores with a Clientele base over 1.50 Crores. The Bank is rendering services through 1981 Business Delivery Channels consisting of 1303 branches, 99 Extension Counters, 541 ATMs and 38 Satellite Offices spread over 21 States and 2 Union Territories as at the end of June, 2007. All Branches are 100% computerized, 1124 units viz., 1026 Branches, 83 Extension Counters, 15 Service Centres networked under Cluster Banking Solution and providing "Any Branch Banking(ABB)". Real Time Gross Settlement (RTGS) Facility and National Electronic Fund Transfer (NEFT) facility has been introduced in 650 Branches. To provide value-added services to Customers, the Bank has set up its own 541 ATMs as on 30.06.2007. Besides, ATM sharing arrangements with several Banks including SBI, ICICI Bank, IDBI Bank, UTI Bank, SBI, HDFC Bank, Indian Bank, Corporation Bank and 17 other banks under National Financial Switch provide Bank customers access to 17000 ATMs throughout the country. Andhra Bank is a pioneer in introducing Credit Cards in the country in 1981 and the business turnover under Credit Cards related business reached Rs.1184 Cr.Andhra Bank has launched Bio Metric ATM at Kondapur, Hyderabad recently. The Bank opened its Representative Office in Dubai in May, 2006 and has received permission from Reserve Bank of India for opening Representative Offices at New Jersey (U S A), Kuwait and Riyadh and Bank is planning to open more such offices in Doha, Muscat, Riyadh and Kuwait shortly in order to reach the NRIs staying in the Middle East Countries. Our Bank introduced Internet Banking Facility (AB INFI-net) to all customers of cluster linked branches. Rail Ticket Booking Facility is made available to all debit card holders through IRCTC Website through a separate gateway. Our Bank's Corporate Website is available in English and Hindi Languages communicating our Bank's image and information. Website in Telugu language is under construction. Our Bank has been given 'BEST BANK AWARD' a banking technology award by IDRBT, Hyderabad for extensive use of IT in Semi Urban and Rural Areas on 02.09.2006. IBA Jointly with TFCI has conferred the Joint Runner-up Award to the Bank in the Bet Payments initiative in recognition of outstanding achievement of the Bank in promoting ATM Channel. Bank successfully conducted " Bancon 2006", a two day event at Hyderabad, deliberating on Inclusive Growth - A New Challenge. As a part of Financial Inclusion, we adopted two districts i.e., Srikakulam in Andhra Pradesh and Ganjam in Orissa and achieved 100% coverage in Srikakulam and Ganjam districts so far.Bank in partnership with Kingfisher Airliens has launched a special facility "Quik Ticket" to book Kingfisher Airliens tickets through any of Andhra Bank ATMs by using Andhra Bank Debit/ATM Card or any VISA Card.To provide banking facility to Sabarimala pilgrims, our Bank has launched Mobile ATM facility at Kottayam covering important centres, which was widely appreciated. While our Bank has 541 ATMs. Bank has issued 5.06 lacs Kisan Credit Card to farmers and the amount outstanding is Rs.2755 Crore. Our Bank launched Two Bio Metric Mobile ATMs in May 2007 for promoting financial inclusion.Kiddy Bank Scheme, with insurance benefits, was relaunced to inculcate savings habit among the children.Bank has also launched "Smart Card" under Financial Inclusion at Geesukonda Mandal of Warangal District (A.P.) and proposes to extend the same to other areas.Thus our Bank accords utmost concern to customer satisfaction by offering innovative and need based financial products and services using state-of -the art technology.

Date Added: Aug 19, 2007 Hits: 3 Rating: 0.00 Votes: 0

Bharat Overseas Bank, a fast growing Chennai-based Indian private sector bank has a unique history behind it.Established to take over from Indian Overseas Bank's Bangkok branch, in Thailand in 1973, it is the only private bank permitted by the Reserve Bank of India to have a branch outside India. Bharat Overseas Bank was promoted by seven banks, and is the only bank to represent India in Thailand, serving the Indian ethnic business community for over 25 years. Ever since its inception, Bharat Overseas Bank has created a name for itself for being a “Customer's Bank”.With a nation-wide branch network, a variety of innovative schemes and a focus on efficiency through computerisation, Bharat Overseas Bank has established the right balance, offering both customer-friendly and technology-driven service.

Date Added: Aug 19, 2007 Hits: 2 Rating: 0.00 Votes: 0

Development Credit Bank (DCB) is one of the emerging private sector banks in India and provides to its customers, access to over 18,000* ATMs and 72 state-of-the-art branches and extension counters spread over nine states and two union territories. The Bank has recently launched several value added initiatives and intends to be known as one of the country’s preferred and profitable retail banks. DCB aims to provide a comprehensive suite of best-in-class products for specific market segments in chosen locations. It has initiated a liability and select asset product led strategy, through a mix of owned and outsourced products and multi-channel capability. The wheels of change that started turning the year before have started to turn more rapidly as time goes by. If the oversubscribed IPO and the stunning new 33,000-square foot corporate office are any indication, DCB is already making its presence felt and everyone feels the difference.

Date Added: Aug 20, 2007 Hits: 3 Rating: 0.00 Votes: 0

IOB and Society:IOB has been committed to and involved in various social causes, the most prominent being women empowerment - the Sakthi IOB Chidambaram Chettiar Memorial Trust and IOB's Promotion of the Agricultural Seed Bank.The Sakthi IOB Chidambaram Chettiyar Memorial Trust is a public charity trust initiated by the Bank and its Staff Representative organisations in February 1996 in memory of Shri M.Ct.M.Chidambaram Chettiyar, the founder of IOB.Objective:To enable women in the lower strata of society to equip themselves with the essential skills and knowledge required for embarking on a career of their choice.

Date Added: Aug 20, 2007 Hits: 8 Rating: 0.00 Votes: 0

Jammu and Kashmir Bank Limited was incorporated on 1st October, 1938 and commenced its business from 4th July, 1939 at in Kashimir (India). The Bank was the first in the country as a State owned bank.According to the extended Central laws of the state, Jammu & Kashmir Bank was defined as a govt. Company as per the provision of Indian companies act 1956. In the year 1971, the Bank received the status of scheduled bank. It was declared as "A" Class Bank by RBI in 1976Today the bank has more than 500 branches across the country and has recently become a billion Dollar Company.

Date Added: Aug 20, 2007 Hits: 4 Rating: 0.00 Votes: 0

At Karnataka Bank, we understand that all customers are different in unique ways, which is why, regardless of the size of your business or your aspirations, we treat every one as individual and special. This means offering you choices, not only in relation to our products and services but also in the way you interact with us. We understand the changes in your lifestyle, recognize these changes and support you with a high standard of professionalism and service. As a premier bank, we have developed comprehensive range of customized products & services suitable for every kind of market, trade or perceived need - Business or Personal. They include, borrowing facilities, deposits, providing optimum returns on surplus funds or helping with overseas transactions. We believe in total quality at all levels. We have deployed the most modern information technology to deliver products & services for your benefit with an aim to develop an effective long-term relationship. But most of all, Technology is matched to your expectations of service, for today & for the future.

Date Added: Aug 20, 2007 Hits: 5 Rating: 0.00 Votes: 0