Dhanalakshmi Bank
The foundation of Dhanalakshmi Bank Limited was laid down on 14th November 1927, in the Thrissur district of Kerala. A group of innovative entrepreneurs had started the bank with a capital of ,000 and only 7 employees. Fifty years later, in the year 1977, it became a 'Scheduled Commercial Bank'. The bank’s Corporate Office, situated at Thrissur, and Industrial Finance Branch, located in Kochi, has been accredited with certification under ISO 9001-2000. A professionally managed bank, Dhanalakshmi Bank boasts of…
Catholic Syrian Bank
With the Swadeshi Movement of early 20th century as its base, Catholic Syrian Bank was incorporated on 26th November 1920, in the Thrissur district of Kerala. The bank commenced its operations on 1st January 1921, with an authorized capital of Rs. 5 lakhs and a paid up capital of Rs. 45270. For the first two decades after its foundation, the bank concentrated solely on Kerala. Following the crash of Travancore National Quilon Bank in 1938 and Palai Central Bank in…
Bank of Rajasthan
A leading private sector bank, the Bank of Rajasthan was founded on the auspicious day of Akshya Tritiya on May 8, 1943, at Udaipur. Shri Rai Bahadur Chatterji, the then finance minister of the erstwhile Mewar Government, extensively contributed towards the establishment of the Bank. The bank started with a capital of only Rs. 10 lakhs. Late Seth Shri Govind Ram Seksaria, an eminent Industrialist, was the founder Chairman. It was, in 1948, that the Bank of Rajasthan became a…
Axis Bank
Axis Bank was formed as UTI Bank when it was incorporated in 1994 when Government of India allowed private players in the banking sector. The bank was sponsored together by the administrator of the specified undertaking of the Unit Trust of India, Life Insurance Corporation of India (LIC) and General Insurance Corporation ltd. and its subsidiaries namely National insurance company ltd., the New India Assurance Company, the Oriental Insurance Corporation and United Insurance Company Ltd. However, the name of UTI…