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The first fully computerised branch was opened at WGC Road, Thoothukudi on 9 December 1984. The Bank launched its ATM Card on 11 November 2003. On 6 September 2021, the Tamilnad Mercantile Bank filed a draft red herring prospectus with the Securities and Exchange Board of India to raise funds through an initial public offering .
DBS has been present in India for 30 years, opening its first office in Mumbai in 1994. DBS Bank India Limited is the first among the large foreign banks in India to start operating as a wholly-owned, locally incorporated subsidiary of a leading global bank.
[9] [10] On the same day, RBI presented a draft amalgamation scheme of LVB with DBS Bank India Limited; the merger would result in a subsequent write-off of paid-up share capital and delisting of LVB from all stock exchanges. [11] The moratorium was lifted and all branches of LVB started operating as branches of DBS Bank India from 27 November ...
In 2005, DBS Bank acquired a 37.5% stake in Cholamandalam Investment and Finance Company, with the Murugappa Group lowering its stake to 37.5%. The company was subsequently renamed as Cholamandalam DBS Finance. [7] In 2010, DBS Bank sold its entire stake back to Murugappa Group and exited the joint venture. [8]
2006 – 07 Net Profit reached INR 1000 Cr.(US$229.78 Mn) [1USD= Rs. 43.5200] Bharat Overseas Bank Ltd. Was merged with IOB and First Offsite ATM at Kamatchi Hospital, Chennai; 2009 – 100% CBS; 2010 – 2000th Branch -Yamuna Vihar, New Delhi-opened; 2011-12 – No. of Branches in Tamil Nadu reached 1000, and IOB celebrated Platinum Jubilee ...
The organization based in Rohini, New Delhi offered franchises to open schools under the brand name of DPS in smaller cities. The Delhi High Court, on 16 December 2012, barred the ‘DPS Trust’ from using the name ‘DPS’ or its registered logo as well as the name Delhi Public School for running a school or education-related services.
This is a list of areas and neighbourhoods in Chennai by region. The city, spanning an area of 1,189 square kilometres (459 sq mi), is divided on the basis of composition into four major parts: Central, North, South and West.
Traffic is very high in Nungambakkam during peak hours (8am-11am and 6pm-9.30pm) due to various road junctions which connects some important places in Chennai city. [citation needed] There are a lot of ATMs and branches of various international banks such as Standard Chartered, Deutsche Bank etc.. The Women's Christian College was established ...