#1
January 25th, 2018, 08:53 AM
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Is Karur Vysya Bank A Scheduled Bank
Hi buddy I want to know Is Karur Vysya Bank A Scheduled Bank or not , as my father want to know about the same for account opening purpose there ??
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#2
January 25th, 2018, 08:53 AM
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Re: Is Karur Vysya Bank A Scheduled Bank
Karur Vysya Bank is an Indian old private-sector bank, headquartered in Karur in Tamil Nadu. It was set up in 1916 by M. A. Venkatarama Chettiar and Athi Krishna Chettiar. Yes Karur Vysya Bank Is A Scheduled Bank, In India, A scheduled bank refers to a bank which is listed in the 2nd Schedule of the Reserve Bank of India Act, 1934. Banks not under this Schedule are called non-scheduled banks. Scheduled banks are usually private, foreign and nationalised banks operating in India. Bank profile: Type Private Traded as BSE: 590003 NSE: KARURVYSYA Industry Banking Financial services Founded 1916 Headquarters Karur, Tamil Nadu, India Key people B.Swaminathan (Chairman) Products Consumer banking, Corporate banking, Finance and Insurance, Investment banking, Mortgage loans, Private banking, Wealth management, Credit Cards Revenue 5,443.41 crore (US$850 million) (2016) Operating income 1,235.42 crore (US$190 million) (2016) Net income 567.63 crore (US$89 million) (2016) Total assets 57,663.72 crore (US$9.0 billion) (2016) Number of employees 7,211 (2016) Capital ratio 11.79% |
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