Deveopment Credit Bank | India directory

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.

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1. Deveopment Credit Bank

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2. State Bank of Saurashtra

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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3. ING Vysya Bank

ING Vysya Bank Ltd., is an entity formed with the coming together of erstwhile, Vysya Bank Ltd, a premier bank in the Indian Private Sector and a global financial powerhouse, ING of Dutch origin, during Oct 2002.The origin of the erstwhile Vysya Bank was pretty humble. It was in the year 1930 that a team of visionaries came together to found a bank that would extend a helping hand to those who weren't privileged enough to enjoy banking services. It's been a long journey since then and the Bank has grown in size and stature to encompass every area of present-day banking activity and has carved a distinct identity of being India's Premier Private Sector Bank. In 1980, the Bank completed fifty years of service to the nation and post 1985; the Bank made rapid strides to reach the coveted position of being the number one private sector bank. In 1990, the bank completed its Diamond Jubilee year. At the Diamond Jubilee Celebrations, the then Finance Minister Prof. Madhu Dandavate, had termed the performance of the bank ‘Stupendous’. The 75th anniversary, the Platinum Jubilee of the bank was celebrated during 2005

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4. The Thane Janata Sahakari Bank Ltd.

With the modest beginning in 1972 in the co-operative field, the dynamism infused by the Board of Directors, unflinching loyalties of clientele and devotion of staff has propelled the sound foundation of The Thane Janata Sahakari Bank Ltd (TJSB) and has emerged as one of the leading scheduled co-operative Bank in the country.TJSB presently is catering to the needs of society through a close network of 20 Branches and 5 Extension Counters spread all over the city of Thane, Mumbai, Navi Mumbai, Nasik & Pune. All these Branches have made remarkable progress on all fronts in all these years.

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Banks

5. Jammu Kashmir Bank Ltd.

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.

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