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The Bank was then elevated to the position of State Co-operative Bank for the State of Kerala and it became "The Kerala State Co-operative Bank Ltd." At that time, the Bank had a working capital of ₹42.90 lakhs, deposit of ₹30.33 lakhs and loans and advances to the tune of ₹21.66 lakhs.
South Malabar Gramin Bank — 1975–2013 (Amalgamated with North Malabar Gramin Bank to form Kerala Gramin Bank-2013) St George Union Bank — 1927–1965 (Amalgamated with Federal Bank) [5] [3] State Bank of Travancore (originally known as Travancore Bank Ltd) [8] — 1945–2017 (Amalgamated with the State Bank of India) [9] The City Bank ...
The British crown gained control over Northern Kerala (including the Kingdom of Kingdom of Kolathunadu and the Kingdom of Calicut) and through the creation of the Malabar District. The British also allied with the Kingdom of Travancore and the Kingdom of Cochin in the southern part of the state, until India won its independence in 1947.
KSFE is a Miscellaneous Non-Banking Company (MNBC) and is fully owned by the Government of Kerala. KSFE does not come under the regulation of Reserve Bank of India since it is not a Non-Banking Financial Company. KSFE is one of the two chit fund companies owned by the government in the whole of India. [3]
The SBI Library has around 5000 rare books and journals relevant to Indian economic history. The diverse collection includes past banking acts, laws, regulations, reports and commentaries which not only reflect the commercial ambitions of the English East India Company but also highlight the origins and economic trajectory of the State Bank of ...
Palai Central Bank was a commercial bank headquartered in Kerala, South India that operated between the early 1900s and 1960.Although it was started in a small, remote city, the bank grew to become not only the largest bank, but the largest institution in Kerala, after the state government, and the 17th largest among the 94 scheduled banks in India.
The oldest bank in India is The Madras Bank (1683), followed by the Bank of Bombay, founded in 1720, which is then followed by the Bank of Hindustan, founded in 1770. Imperial Bank of India was succeeded by State Bank of India in 1955 and State Bank of Pakistan in 1948 respectively whose origins can be traced back to the Bank of Calcutta. It ...
With 33 million inhabitants as per the 2011 census, Kerala is the 13th-largest Indian state by population. It is divided into 14 districts with the capital being Thiruvananthapuram. Malayalam is the most widely spoken language and is also the official language of the state. [20] The Chera dynasty was the first prominent kingdom based in Kerala.