Bank of Baroda - India's International Bank

State Bank of Saurashtra is a growing and progressive institution, with its roots firmly entrenched in the soil of Saurashtra. The region of Saurashtra, which at present forms a part of Gujarat State, comprised of many small, medium and large princely states, prior to 1948. The states of Bhavnagar, Rajkot and Porbandar, which were among the larger states and the two smaller states, viz. Palitana and Vadia, had established their own Darbar Banks. Out of these five, Bhavnagar Darbar Bank had been established in the year 1902, to which we owe our origin. These Banks were mainly catering to the needs of the respective princely states, acting as the repository for the states' treasures as also the peoples' savings. After the princely states were integrated to form Saurashtra state in 1948, a need was felt to amalgamate these banks and make them a state-owned bank was felt to serve as an instrument for developing the economy of the region. Accordingly, the Bhavnagar Darbar Bank was formed into a statutory corporation, called STATE BANK OF SAURASHTRA, under the Saurashtra State Bank ( Amalgamation ) Ordinance, 1950 and the four Darbar Banks - Rajkot State Bank, Porbandar State Bank, Palitana Darbar Bank and Vadia State Bank - were merged with it with effect from 1st July, 1950 as its branches.

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Banks
Financial Services

2. Vijaya Bank

Vijaya Bank has the highest number of branches in its home state Karnataka. During the financial year 2006-2007 the bank has opened 43 Branches, upgraded 10 extension counters, converted 2 Regional Foreign Exchange cells into full fledged Overseas Branches. In line with the prevailing trends, the bank has been giving greater thrust towards technological upgradation of its operations.The bank has network of 985 branches,52 Extention Counters and 171 ATMs. [ As at July 2007 ] 500 branches,35 extention counters, 11 service branches are functioning on CBS platform, and at 207 centers,covering 83.41 % of Bank's business.

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Banks

3. Guardian Souharda Sahakari Bank Niyamita

The Guardian Souharda Sahakari Bank Niyamita, envisages to help all members of the society focusing chiefly on families and individuals from the middle, lower class and poor sections. This bank is especially conceived and designed to meet the needs of family segments within the communities. Family is the building block of the society and especially in India, it assumes a role of importance socially and economically. The concept of FAMILY BANKING is where a close and intimate relationship is developed between the bank and its customer as a family unit. This is possible by the bank offering specialized services to various members of the family. The four such segments that Guardian Souharda Sahakari Bank Niyamita would address are:YOUTH : The youth of our society are the heirs of the legacy of opportunities and problems that the present generation passes on to them. In order to equip them and help them succeed it is our duty to provide them with the best entrepreneurial and social environment possible. The Bank encourages thrift and enterprise among the youth. The prohibitive cost of higher education has long been a major deterrent for the poor. We provide innovative credit scheme for this purpose.WOMEN : Women in our society are an unfortunate paradox. They are revered on one hand and exploited on the other. The progress of any society in the past has always been achieved through empowerment of women. The Guardian Bank recognizes that women are the economists of most families. The Guardian Bank promote saving among housewives by organizing weekly or monthly collections on a door to door basis. The potential for developing enterprise among women is immense given timely credit and simple counseling, women can be self employed with cottage and home industries, such as process foods, pickles, papads, needlework etc.

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Banks
Financial Services

4. Dena Bank

Dena Bank, in July 1969 along with 13 other major banks was nationalized and is now a Public Sector Bank constituted under the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970. Under the provisions of the Banking Regulations Act 1949, in addition to the business of banking, the Bank can undertake other business as specified in Section 6 of the Banking Regulations Act, 1949. This section gives information on the History of Dena Bank, our Logo, our Mission Statement, Our Board of Directors, Our General Managers and information on the IT Initiatives we have taken.

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Banks

5. Karnataka Bank Ltd

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.

Category:

Banks
Financial Services
Business

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