Other Banks Offering Financial Assistance
Here you will find websites and details of leading banks that offer financial assistance to promote entrepreneurship and development in India. These banks have branches in nearly all cities throughout the country. So, if you are looking for financial institutions supporting entrepreneurs , just refer to the list below.
Bank of India
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".
For more details please visit : www.bankofindia.com
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%).
For more details please visit : www.canarabank.com
Corporation Bank
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.
For more details please visit : www.corpbanknet.com
Indian Bank
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.
For more details please visit : www.indian-bank.com
Indian Overseas Bank
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.
For more details please visit : www.iob.com
IndusInd Bank Ltd.
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.
For more details please visit : www.indusind.com
Syndicate Bank
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.
For more details please visit : www.syndicatebank.com
State Bank of Travancore
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.
For more details please visit : www.statebankoftravancore.com
Union Bank of India
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.
For more details please visit : www.unionbankofindia.com
UCO Bank
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.
For more details please visit : www.ucobank.com
