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Rank Name of the Bank Year of Founding Year of Closing Fate Headquartered in References [1]; 1: The Madras Bank (1683) 1683: 1843: Merged with the Carnatic Bank, The British Bank of Madras (1795), and the Asiatic Bank to form the Bank of Madras in 1843
South Malabar Gramin Bank Malappuram Kottakunnu (now Kerala Gramin Bank) was a Regional Rural Bank in India, and had its headquarters at Malappuram in Kerala. Its area of operation was limited to 8 districts in Kerala, India. It had been financing farm & non-farm sectors and other employment generation programs through its 506 branches spread ...
Kerala Gramin Bank (KGB) is an Indian regional rural bank (RRB), headquartered in Malappuram, Kerala. Like other RRBs, the Government of India holds the majority 50% shares, while the Kerala state government holds 15% and Canara Bank owns the remaining 35% stake.
It was established in 1976 as a Scheduled Commercial Bank as per the Regional Rural Banks Act of 1976 to provide banking facilities in the North Malabar region. It operated in seven districts of Kerala with the headquarters at Kannur , and had 222 branches as of 14 June 2013 [update] .
Kaveri Grameena Bank was a Regional Rural Bank established under Regional Rural Banks' Act 1976, was a Scheduled Bank jointly owned by Government of India, State Bank of India (formerly by State Bank of Mysore) and Government of Karnataka (share capital contributed in the ratio of 50 :35:15 respectively), permitted to carry all kinds of banking business.
SBI Canada Bank [45] was incorporated in 1982 as a subsidiary of the State Bank of India. SBI Canada Bank is a Schedule II Canadian Bank listed under the Bank Act and is a member of the Canada Deposit Insurance Corporation. SBI China [46] [47] PT Bank SBI Indonesia SBI acquired a 76% stake in PT Bank Indo Monex for $6 million in 2006. [48]
The proposed merger would make Union Bank of India the fifth largest public sector bank in the country with assets of ₹ 14.59 lakh crore (US$170 billion) and 9,609 branches. [6] [7] The Board of Directors of Andhra Bank approved the merger on 13 September. [8] [9] The Union Cabinet approved the merger on 4 March, and it was completed on 1 ...
Founded by the 7th Nizam of Hyderabad State, Mir Osman Ali Khan, it is now one of the five associate banks of State Bank of India (SBI) and was one of the nationalised banks in India. It was established on 8 February 1941, as the Hyderabad State Bank. [1] From 1956 until 31 March 2017, it had been the largest associate bank of the SBI.