Funding Options - Other Banks Offering Financial Assistance
Canara
Bank
Canara Bank is one of the premier
banks in the country, accredited with umpteen distinctions.
The present stature of the Bank is due to its strong
fundamentals and quality customer orientations. Profit
making since inception, the Bank today epitomizes a
perfect blend of commercial and social banking.
For the year March 2002, the Bank
clocked the highest net profit (Rs.741 crore) among
nationalized banks, with significant improvement in
capital adequacy ratio (11.88%) and asset quality (net
NPA ratio of 3.89%).
Corporation Bank is an organisation
established in 1906 based on the traditional Indian
values of service to the community and is regarded as
one of the well-run banks in the comity of Public Sector
Banks in the country. The Bank has a unique history
of 97 years of successful Banking and it stood the test
of time by growing steadily offering vast, varied and
versatile services with a personal touch. Today, its
good customer service, pre-eminent track record in House
Keeping, adherence to Prudential Accounting norms, consistent
profitability and adoption of modern technology for
betterment of customer service have earned the Bank
a place of pride in the Banking Community. The Bank
has been richly endowed with a relatively young, dynamic
and efficient manpower, which is the key factor of the
Bank's success. Excellence in performance and uniqueness
in customer service form the central core of the Bank's
organisational culture.
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.
Bank's vision is "to provide
superior, proactive banking services to niche markets
globally, while providing cost-effective, responsive
services to others in our role as a development bank,
and in so doing, meet the requirements of our stakeholders".
Established on 15th August 1907 as
part of the Swadeshi movement. Serving the nation with
a team of over 22000 dedicated staff. Global deposits
rose to Rs. 30444 Crores as on 31.03.2004 Global credit
increased to Rs. 14935 Crores as on 31.03.2004. 1377
Branches spread all over India.
Loan products like Artisan Card, Kisan
Card, Kisan Bike Scheme, Yuva Kisan Vidya Nidhi Yojana
to meet diverse credit needs of farmers.
Provision of technical assistance
and project reports in Agriculture to entrepreneurs
through Agricultural Consultancy & Technical Services
(ACTS). 2 Specialised Agricultural Finance branches
to finance High Tech Agricultural Projects.
Indian Overseas Bank (IOB) was founded
on February 10th 1937, by Shri.M.Ct.M. Chidambaram Chettyar,
a pioneer in many fields - Banking, Insurance and Industry
with the twin objectives of specialising in foreign
exchange business and overseas banking.
IOB had the distinction of being the
first Bank in Banking Industry to obtain ISO 9001 Certification
for its Computer Policy and Planning Department from
Det Norske Veritas (DNV), Netherlands in September 1999.
This Certification covers Design, Development, Implementation
and Maintenance of software developed in-house, procurement
and supply of hardware and execution of turnkey projects.
IndusInd Bank comes
into existence in 1994-95. Launched its revamped Internet
Banking product (Indusnet) and website in 2002-03. ISO
9001:2000 certification for all its branches. Customers
to have access to more then 1700 ATMs -Tie-up with Corporation
Bank and UTI Bank for sharing ATM network.
Its mission is to emerge as an international
bank with traditional roots, to acquire global capabilities,
to provide world-class services, to maintain the highest
standards of professionalism and integrity.
Syndicate Bank was established in
1925 in Udupi, the abode of Lord Krishna in coastal
Karnataka with a capital of Rs.8000/- by three visionaries
- Sri Upendra Ananth Pai, a businessman, Sri Vaman Kudva,
an engineer and Dr.T M A Pai, a physician - who shared
a strong commitment to social welfare. Their objective
was primarily to extend financial assistance to the
local weavers who were crippled by a crisis in the handloom
industry through mobilising small savings from the community.
The bank collected as low as 2 annas daily at the doorsteps
of the depositors through its Agents under its Pigmy
Deposit Scheme started in 1928. This scheme is the Bank's
brand equity today and the Bank collects around Rs.
2 crore per day under the scheme.
The progress of Syndicate Bank has
been synonymous with the phase of progressive banking
in India. Spanning over 75 years of pioneering expertise,
the Bank has created for itself a solid customer base
comprising customers of two or three generations. Being
firmly rooted in rural India and understanding the grassroot
realities, the Bank's perception had vision of future
India. It has been propagating innovations in Banking
and also has been receptive to new ideas, without however
getting uprooted from its distinctive socio-economic
and cultural ethos.
State Bank of Travancore (SBT) was
originally established as Travancore Bank Ltd. in 1945
sponsored by the erstwhile Princely State of Travancore.
Under a special statute of the Indian Parliament (SBI
subsidiary Banks Act 1959) it has been made an Associate
of the State Bank of India and a member of the State
Bank Group, the largest banking group in India.
Being a public sector bank, we are
committed to the policies of the Government for social
development. We offer credit to the priority sectors
and also the special schemes announced by the Government.
The bank was incorporated as a limited
company on 11th November, 1919 with its registered office
at 7, Marzban Road, Bombay it was shifted to its own
premises at Apollo Street, Fort, Bombay - 400 001 in
1921. Inaugurated by Mahatma Gandhi and today it occupies
enviable position amongst Nationalised Bank.
At the time Nationalisation i.e June
1969, it had 240 branches. Since then, the branch network
had grown substantially across the country with presence
in 28 states, including union territories. As on 31st
March 2001, Bank has network 2053 branches - 843 Rural,
447 Semi-urban, 423 Urban and 340 Metropolitan branches.
Founded in 1943, UCO Bank is a commercial
bank now wholly owned by the Government of India. Its
Board of Directors consists of government representatives
from the Government of India and Reserve Bank of India
as well as eminent professionals like accountants, management
experts, economists, businessmen, etc.
Headquartered in Kolkata, the Bank
has 34 Regional Offices spread all over India. Branches
located in a geographical area report to the Regional
Office having jurisdiction over that area. These Regional
Offices are headed by Senior Executives ranging upto
the rank of General Manager, depending on size of business
and importance of loacation. The Regional Offices report
to General Managers (Operation) functioning at Head
Office in Kolkata.
