Wednesday, March 31, 2010

Corporation Bank of India








Brief about Corporation Bank of India

Started about 103 years ago in 1906, with an initial capital of just Rs.5000, Corporation Bank is all set to cross Rs. One Lakh Twenty five Crore mark in business and even far more, with over 2086 service outlets across the nation,served by committed and dedicated 12,000 plus Corp bankers. Proof of which is seen in its enviable track record in financial performance. We have many reasons to cheer, predominant of them is, being able to participate in nation building by empowering the rural and urban population alike. Today, we are proud that we are significant contributors to the growth of the country's economy.

At Corporation Bank, what motivates us is the passion to excel in banking by maintaining highest standards of service to our customers, backed by innovative products and services which makes us one of the leading Public Sector Banks in the country, catering to a wide range of customers - from individuals to corporate clients.

To know more about more branches of corporation bank of india,do visit:http://www.crazyhyderabad.com/corporation-bank.html

Monday, March 29, 2010

Central Bank of India


Established in 1911, Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. The establishment of the Bank was the ultimate realisation of the dream of Sir Sorabji Pochkhanawala, founder of the Bank. Sir Pherozesha Mehta was the first Chairman of a truly 'Swadeshi Bank'. In fact, such was the extent of pride felt by Sir Sorabji Pochkhanawala that he proclaimed Central Bank of India as the 'property of the nation and the country's asset'. He also added that 'Central Bank of India lives on people's faith and regards itself as the people's own bank'.

During the past 99 years of history the Bank has weathered many storms and faced many challenges. The Bank could successfully transform every threat into business opportunity and excelled over its peers in the Banking industry.

Further in line with the guidelines from Reserve Bank of India as also the Government of India, Central Bank has been playing an increasingly active role in promoting the key thrust areas of agriculture, small scale industries as also medium and large industries. The Bank also introduced a number of Self Employment Schemes to promote employment among the educated youth.

Among the Public Sector Banks, Central Bank of India can be truly described as an All India Bank, due to distribution of its large network in 27 out of 28 States as also in 4 out of 7 Union Territories in India. Central Bank of India holds a very prominent place among the Public Sector Banks on account of its network of 3563 branches and 195 extension counters at various centres throughout the length and breadth of the country.

To know more about branches of central bank of india in Hyderabad,do visit:http://www.crazyhyderabad.com/central-bank-of-india.html

Friday, March 26, 2010

Canara Bank in India


Founded as 'Canara Bank Hindu Permanent Fund' in 1906, by late Sri. Ammembal Subba Rao Pai, a philanthropist, this small seed blossomed into a limited company as 'Canara Bank Ltd.' in 1910 and became Canara Bank in 1969 after nationalization.


"A good bank is not only the financial heart of the community, but also one with an obligation of helping in every possible manner to improve the economic conditions of the common people" - A. Subba Rao Pai.

Founding Principles

  1. To remove Superstition and ignorance.
  2. To spread education among all to sub-serve the first principle.
  3. To inculcate the habit of thrift and savings.
  4. To transform the financial institution not only as the financial heart of the community but the social heart as well.
  5. To assist the needy.
  6. To work with sense of service and dedication.
  7. To develop a concern for fellow human being and sensitivity to the surroundings with a view to make changes/remove hardships and sufferings.

Sound founding principles, enlightened leadership, unique work culture and remarkable adaptability to changing banking environment have enabled Canara Bank to be a frontline banking institution of global standards.


Significant Milestones

Year
1st July 1906 Canara Hindu Permanent Fund Ltd. formally registered with a capital of 2000 shares of Rs.50/- each, with 4 employees.
1910 Canara Hindu Permanent Fund renamed as Canara Bank Limited
1969 14 major banks in the country, including Canara Bank, nationalized on July 19
1976 1000th branch inaugurated
1983 Overseas branch at London inaugurated
Cancard (the Bank’s credit card) launched
1984 Merger with the Laksmi Commercial Bank Limited
1985 Commissioning of Indo Hong Kong International Finance Limited
1987 Canbank Mutual Fund & Canfin Homes launched
1989 Canbank Venture Capital Fund started
1989-90 Canbank Factors Limited, the factoring subsidiary launched
1992-93 Became the first Bank to articulate and adopt the directive principles of “Good Banking”.
1995-96 Became the first Bank to be conferred with ISO 9002 certification for one of its branches in Bangalore
2001-02 Opened a 'Mahila Banking Branch', first of its kind at Bangalore, for catering exclusively to the financial requirements of women clientele.
2002-03 Maiden IPO of the Bank
2003-04 Launched Internet & Mobile Banking Services
2004-05 100% Branch computerization
2005-06 Entered 100th Year in Banking Service
Launched Core Banking Solution in select branches
Number One Position in Aggregate Business among Nationalized Banks
2006-07 Retained Number One Position in Aggregate Business among Nationalized Banks.
Signed MoUs for Commissioning Two JVs in Insurance and Asset Management with international majors viz., HSBC
(Asia Pacific) Holding and Robeco Groep N.V respectively
2007-08 Launching of New Brand Identity
Incorporation of Insurance and Asset Management JVs
Launching of 'Online Trading' portal
Launching of a ‘Call Centre’
Switchover to Basel II New Capital Adequacy Framework
2008-09 The Bank crossed the coveted Rs. 3 lakh crore in aggregate business
The Bank’s 3rd foreign branch at Shanghai commissioned


To know more about branches of canara bank in Hyderabad only at http://www.crazyhyderabad.com/canarabank.html

Thursday, March 25, 2010

Bank of Maharastra


Brief about Bank of Maharastra

Prof. V. G. Kale and the late Shri D. K. Sathe and registered as a banking company on the 16th of September, 1935 at Pune. The authorized capital was Rs. 10 Lakhs and issued capital of Rs. 5 Lakhs. Their vision was to reach out to and serve the common man and meet all their banking needs. Successive leadership of the Bank and the employees have endevoured to fulfill their vision.

Milestones : Pre Nationalisation

1936 : Commenced business on February 8th.
1945 : Deposits crossed Rs. 1.00 crore mark.
1946 : Maharashtra Executor and Trustee Company (METCO) established.
1958 : Listed on Bombay Stock Exchange.

Milestones : Since Nationalisation

1969 : The Bank was nationalized with 153 branches.
1978 : Set up first Regional Rural Bank (RRB) 'Marathwada Gramin Bank' with headquarters at Nanded.
The Bank was appointed as Convenor to the State Level Bankers' Committee (SLBC)
1979 : Bank's business crossed Rs.1,000 crore.
1980 : 500th branch of the Bank at Narian Point, Mumbai inaugurated by the late Smt. Indira Gandhi, the then Prime Minister of India.
1981 : Set up the second RRB “Aurangabad Jalna Gramin Bank”.
1984 : Dr Manmohan Singh, the then Governor, Reserve Bank of India, launched the Bank's Golden Jubilee Celebration.
1986 : Set up the third RRB “Thane Gramin Bank”
1987 : 1000th branch of theBank opened at Indira Vasahat, Pune.
1996 : Bank's Diamond Jubilee Celebration launched by the then RBI Governor, Dr. C. Rangarajan
2004 : Bank came up with Initial Public Offering (IPO)
2006 : Launched ATM-cum-International Debit Card
Commenced Bancassurance business
Commenced distribution of Mutual Fund products.
Surpassed business landmark of Rs. 50,000 crore.
1st CBS branch rolled out on 13th November at Karve Nagar, Pune.
2009 : 1444 branches, 345 ATMs, Total Business over Rs. 90,000 crore, 902 CBS branches.
2nd Mar 2010 : The Bank achieved 100% CBS coverage.

To be a vibrant, forward looking, techno-savvy, customer centric bank serving diverse sections of the society, enhancing shareholders’ and employees’ value while moving towards global presence.

To know more about branches of bank of maharastra in Hyderabad, do visit:http://www.crazyhyderabad.com/bank-of-maharastra.html

Monday, March 22, 2010

Bank of India

Brief about Bank of India

Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks.

The Bank has 3101 branches in India spread over all states/ union territories including 141 specialised branches. These branches are controlled through 48 Zonal Offices . There are 29 branches/ offices (including three representative offices) abroad.

The Bank's association with the capital market goes back to 1921 when it entered into an agreement with the Bombay Stock Exchange (BSE) to manage the BSE Clearing House. It is an association that has blossomed into a joint venture with BSE, called the BOI Shareholding Ltd. to extend depository services to the stock broking community. Bank of India was the first Indian Bank to open a branch outside the country, at London, in 1946, and also the first to open a branch in Europe, Paris in 1974. The Bank has sizable presence abroad, with a network of 29 branches (including five representative office) at key banking and financial centres viz. London, Newyork, Paris, Tokyo, Hong-Kong and Singapore. The international business accounts for around 17.82% of Bank's total business.

To know more about branches of bankofindia in Hyderabad,do visit:http://www.crazyhyderabad.com/bank-of-india.html

Thursday, March 18, 2010

Bank of Baroda


Brief about Bank of Baroda

A saga of vision and enterprise

It has been a long and eventful journey of almost a century across 25 countries. Starting in 1908 from a small building in Baroda to its new hi-rise and hi-tech Baroda Corporate Centre in Mumbai, is a saga of vision, enterprise, financial prudence and corporate governance.

Mission statement

To be a top ranking National Bank of International Standards committed to augmenting stake holders' value through concern, care and competence.

To know more about its branches in Hyderabad,do visit:http://www.crazyhyderabad.com/bank-of-baroda.html

Wednesday, March 17, 2010

Allahabad Bank-india




About Allahabad Bank

The 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.

To know more about the branches of the banks in hyderabad do visit:http://www.crazyhyderabad.com/allahabad-bank.html

Tuesday, March 16, 2010

A.P. Mahesh Co-operative Urban Bank Ltd


The A P Mahesh Co-operative Urban Bank Ltd. (popularly known as Mahesh Bank) was registered as a Primary Co-operative Society on 30th June, 1977. The Bank has commenced its operations on 9th August, 1978.

The Bank was accorded SCHEDULED STATUS by Reserve Bank of India from 26th October, 1996 - the first Co-operative Bank to be accorded this status in the entire South India. Dr C. Rangarajan, the then Governor, Reserve Bank of India graced the occasion.

The Bank has been registered as a Multi-State Bank under the Multi-State Co-operative Societies Act, 1984 with effect from 30.05.2001 - again the first Co-operative Bank to achieve this coveted position in South India.

To know more about the branches in hyderabad,do visit:http://www.crazyhyderabad.com/nationalized-banks.html

Sunday, March 14, 2010

State bank of india


Brief about STATE BANK OF INDIA

State Bank of India welcomes you to explore the world of premier bank in India.

The Bank is actively involved since 1973 in non-profit activity called Community Services Banking. All our branches and administrative offices throughout the country sponsor and participate in large number of welfare activities and social causes. Our business is more than banking because we touch the lives of people anywhere in many ways.

State Bank of India has an extensive administrative structure to oversee the large network of branches in India and abroad. The Corporate Centre is in Mumbai and 14 Local Head Offices and 57 Zonal Offices are located at important cities spread throughout the country. State Bank of India has 131 foreign offices in 32 countries across the globe.

To know more about branches in Hyderabad: http://www.crazyhyderabad.com/state-bank-of-india.html

Tuesday, March 9, 2010

List of Nationalized Banks in Hyderabad

  1. A.P Mahesh Coop Bank
  2. Allahabad Bank
  3. Bank of Baroda
  4. Bank of India
  5. Bank of Maharastra
  6. Canarabank
  7. Central bank of India
  8. Corporation Bank
  9. Dena Bank
  10. Golkonda Grameena Bank
  11. Indian Overseas Bank
  12. Indian Bank
  13. Karnataka Bank
  14. Oriental Bank of Commerce
  15. Punjab and Sind Bank
  16. Punjab National Bank
  17. State Bank of India
  18. State Bank of Indore
  19. State Bank of Patiala
  20. S B of Bikaner & Jaipur
  21. Syndicate Bank
  22. Uco Bank
  23. Union Bank of india
  24. United Bank of India
  25. Vijaya Bank