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Indian Bank

Indian Bank

A premier bank owned by the Government of India Established on 15th August 1907 as part of the Swadeshi movement Serving the nation with a team of over 22000 dedicated staff Total Business crossed Rs. 76000 Crores as on 31.03.2007 Operating Profit increased to Rs.1358.59 Crores as on 31.03.2007 Net Profit increased to Rs.759.77 Crores as on 31.03.2007 Net worth improved to Rs.3621 Crores as on 31.03.2007 1476 Branches spread all over India


Banks


India Listings at Banks

Dhanalakshmi Bank was incorporated on 14th November 1927 by a group of enterprising entrepreneurs at Thrissur, the cultural capital of Kerala with a Capital of Rs.11,000/- and 7 employees. It became a Scheduled Commercial Bank in the year 1977. It has today attained national stature with 181 branches and 26 Extension Counters spread over the States of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Maharashtra, Gujarat, Delhi and West Bengal. The Bank serviced a business of over Rs. 5100 crores as on 30.06.07 comprising deposits of Rs.3194 crores and advances of Rs.1922 crores. As at the end of June 2007, the Capital Adequacy Ratio of the Bank was 9.87% well above the mandatory requirement of 9%. The Bank made a net profit of Rs.6.05 crores for the quarter ended 30th June 2007.
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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.
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Sree Gokulam Chit & Finance Co. Pvt. Ltd. (sgcf), the flagship company of the Gokulam Group of Companies is in its 4th decade of service to the nation. The Chit and Finance business started in a modest way at Mylapore, Chennai on 23rd July 1968, has grown in stature and size, through hard work, selfless service and prudent management practices. A large number of Chit subscribers of sgcf are Corporate/Business Houses, Professionals, Retail Traders, Small Businessmen and others who do not have access to bank or other Institutional finance due to rigidities in margin requirements, security, surety etc. It is gratifying that "sree gokulam" could help thousands of such enterprises grow into prosperity with timely "supply" of resources."grow with gokulam" is what our customers say and the message we have for our new Client.
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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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Established in Lahore on 19th February 1943, Oriental Bank of Commerce made a modest beginning under its Founding Father, Late Rai Bahadur Lala Sohan Lal, the first Chairman of the Bank.Within four years of coming into existence, the Bank had to face the holocaust of partition. Branches in the newly formed Pakistan had to be closed down and the Registered Office had to be shifted from Lahore to Amritsar. Late lala Karam Chand Thapar, the then Chairman of the Bank, in a unique gesture honoured the commitments made to the depositors from Pakistan and paid every rupee to its departing customers. The foundation of customer service thus laid has ever since remained Oriental Bank's prime philosophy and has been nurtured well as a legacy by all its successors, year after year. Projects - A Handful of SuccessThe Bank has launched yet another people's participation in the planning process at grass root level essentially to tackle the maladies of poverty. The Grameen Projects venture aims to alleviate poverty plus identify the reasons responsible for the failure or success.
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