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The City Union Bank Limited was originally incorporated under the name Kumbakonam Bank as a limited company on 31 October 1904. The bank preferred a regional role and adopted an agency model in the initial years. The first branch was opened in 1930. In 1987, the name of the bank was changed to City Union Bank. [3]
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This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India's commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
All major nationalized banks such as State Bank of India, Canara bank, Indian Bank, Indian Overseas Bank and private banks like Tamil Nadu Mercantile bank, Karur Vysya Bank, City Union Bank, DBS Bank (formerly Lakshmi Vilas Bank) and Srivilliputhur Cooperative Bank, have their branches in Srivilliputtur. [18]
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 ...
Veppampattu is one of the fastest developing suburban areas in Chennai City. It is Western part of the suburbs of the Metropolitan city Chennai [1] in the Indian state of Tamil Nadu between Chennai and Arakkonam on the Chennai - Arakkonam railway line. It is fast-growing with a number of schools and colleges.
North Chennai is primarily an industrial area while some areas are residential. Central Chennai is the commercial heart of the city and the downtown area. South Chennai and West Chennai, previously predominantly residential areas are fast turning into commercial areas, hosting a large number of IT and financial companies [ 1 ] along the GST ...
Kumbakonam (formerly spelt as Coombaconum or Combaconum), [1] or Kudanthai, is a city municipal corporation in the Thanjavur district in the Indian state of Tamil Nadu.It is located 40 km (25 mi) from Thanjavur and 282 km (175 mi) from Chennai and is the headquarters of the Kumbakonam taluk of Thanjavur district.