InterviewSolution
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When And Where This Bank Originated? |
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Answer» As the name itself suggest that this BANK is related to Tamilnadu, but originally at the time of establishment it was called Nadar Bank Ltd. In 1920 Nadar business community in tuticorin, thought of establishing this bank. PROPOSAL came into effect on May 11, 1921. The Bank was registered as “The Nadal Bank Ltd.”. SHRI T.V. Balaguruswamy opened this bank. On NOVEMBER 11, 1921, bank was opened for public. Later on it was registered as Tamlinad Mercantile Bank Ltd. This bank is known for its personalized service. Now this bank has 379 branches all over India. As the name itself suggest that this bank is related to Tamilnadu, but originally at the time of establishment it was called Nadar Bank Ltd. In 1920 Nadar business community in tuticorin, thought of establishing this bank. Proposal came into effect on May 11, 1921. The Bank was registered as “The Nadal Bank Ltd.”. Shri T.V. Balaguruswamy opened this bank. On November 11, 1921, bank was opened for public. Later on it was registered as Tamlinad Mercantile Bank Ltd. This bank is known for its personalized service. Now this bank has 379 branches all over India. |
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