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At the time of incorporation, the Bank had a business of 45 crore, net profit of 7.5 lakh and a network of 124 branches (96 in Rajasthan). By March 2013 the business of the Bank increased to 1,30,590 crore, net profit stood at 730.24 crore.
Arun Kumar Purwar, also known as A. K. Purwar, became the Chairman of State Bank of India in 2002, during his tenure from 1968 to 2006. [1]With a master's degree in commerce from Allahabad University, he was previously a lecturer in their Business Administration Department.
Krishna Grameena Bank was an Indian Regional Rural Bank (RRB) established under 1976 Act for Regional Rural Banks. It was merged into Pragathi Krishna Gramin Bank in august 2013 which would later be merged into Karnataka Gramin Bank.
The bank was permitted to carry all kinds of banking business and provided banking services to individuals and small businesses. It was a Scheduled Bank jointly owned by Government of India, Canara Bank and Government of Karnataka (share capital contributed in the ratio of 50:35:15 respectively). The bank was permitted to carry all kinds of ...
In 1683, Governor William Gyfford (1681–1687) and his Council in Madras established a bank.In 1805, Governor Sir William Bentinck convened a Finance Committee that recommended the formation of a First government bank in India; the Madras Bank, which was sometimes called the Government Bank amalgamated Lord Krishna Bank, began functioning from 1 February 1806.
State Bank of Mysore was a Public Sector bank in India, with headquarters at Bangalore.It was one of the five associate banks of State Bank of India, all of which were consolidated with the State Bank of India with effect from 1 April 2017.
He has joined the State Bank of India as a probationary officer and served in a number of roles. He also served as the chief manager of the Thalassery branch in Kerala. Banking career. He served as the eighth Chairman of State Bank of India from 23 May 1977 until 13 December 1982.
He served as the fifteenth Chairman of State Bank of India from 25 February 1993 until 31 August 1995. [1] [2]He was largely responsible for the bank's entry into the investment banking and mutual fund businesses and was instrumental in setting up SBI Capital Markets Ltd. and SBI Mutual Fund.
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