United Bank of India (UBI) is one of the 14 major banks which were nationalised on July 19, 1969. Its predecessor the United Bank of India Ltd., was formed in 1950 with the amalgamation of four banks viz. Comilla Banking Corporation Ltd. (1914), Bengal Central Bank Ltd. (1918), Comilla Union Bank Ltd. (1922) and Hooghly Bank Ltd. (1932) (which were established in the years indicated in brackets after the names). The origin of the Bank thus goes back as far as 1914. As against 174 branches, Rs. 147 crores of deposits and Rs. 112 crores of advances at the time of nationalisation in July, 1969, today the Bank has 1403 branches, over Rs. 37,167 crores of deposits and Rs. 22,641 crores of gross advances as on 31-03-07. Presently the Bank has a three-tier organisational set-up consisting of the Head Office, 28 Regional Offices and 1403 branches.
After nationalisation, the Bank expanded its branch network in a big way and actively participated in the developmental activities, particularly in the rural and semi-urban areas in conformity with the objectives of nationalisation. In recognition of the role played by the Bank, it was designated as Lead Bank in several districts and at present it is the Lead Bank in 30 districts in the States of West Bengal, Assam, Manipur and Tripura. The Bank is also the Convener of the State Level Bankers' Committees (SLBC) for the States of West Bengal and Tripura.
UBI played a significant role in the spread of banking services in different parts of the country, more particularly in Eastern and North-Eastern India. UBI has sponsored 4 Regional Rural Banks (RRB) one each in West Bengal, Assam, Manipur and Tripura. These four RRBs together have over 1000 branches. United Bank of India has contributed 35% of the share capital/ additional capital to all the four RRBs in four different states.In its efforts to provide banking services to the people living in the not easily accessible areas of the Sunderbans in West Bengal, UBI had established two floating mobile branches on motor launches which moved from island to island on different days of the week. The floating mobile branches were discontinued with the opening of full-fledged branches at the centres which were being served by the floating mobile branches. UBI is also known as the 'Tea Bank' because of its age-old association with the financing of tea gardens. It has been the largest lender to the tea industry.
The Bank has three full fledged Overseas Branches one each at Kolkata, New Delhi and Mumbai with fully equipped dealing room and SWIFT terminal . The operations of 500 branches have been computerised either fully or partially and Electronic Fund Transfer System came to be implemented in the Bank's branches at Kolkata, Delhi, Mumbai and Chennai. The Bank has ATMs all over the country and having Cash Tree arrangement with 11 other Banks.

Date Added: Apr 29, 2008 Hits: 0 Rating: 0.00 Votes: 0

Asin Tamil Actress ? Details at Asinonline.com. Complete Asin Photo Gallery, Photos, Images, Asin Movies, Asin Latest Movies, Asin Latest Releases at Asinonline.com.

Date Added: Jul 14, 2007 Hits: 5 Rating: 0.00 Votes: 0

State Bank of Indore offers home loans, car loans, business loans, Internet Banking and deposit products.

Date Added: Jul 9, 2007 Hits: 1 Rating: 0.00 Votes: 0

State Bank of Saurashtra is a growing and progressive institution, with its roots firmly entrenched in the soil of Saurashtra. The region of Saurashtra, which at present forms a part of Gujarat State, comprised of many small, medium and large princely states, prior to 1948. The states of Bhavnagar, Rajkot and Porbandar, which were among the larger states and the two smaller states, viz. Palitana and Vadia, had established their own Darbar Banks. Out of these five, Bhavnagar Darbar Bank had been established in the year 1902, to which we owe our origin. These Banks were mainly catering to the needs of the respective princely states, acting as the repository for the states' treasures as also the peoples' savings

Date Added: Jul 9, 2007 Hits: 0 Rating: 0.00 Votes: 0

United Western Bank Ltd., The - Features profile, services offered, branch network, interest rates, financial rates, and information about the Western India Trustee Company.

Date Added: Jul 9, 2007 Hits: 0 Rating: 0.00 Votes: 0

Indian Bank - Provides corporate and retail banking in Tamil Nadu, India.

Date Added: Jul 9, 2007 Hits: 0 Rating: 0.00 Votes: 0

The Chartered Bank opened its first overseas branch in India, at Kolkata, on 12 April 1858. Eight years later the Kolkata agent described the Bank's credit locally as splendid and its business as flourishing, particularly the substantial turnover in rice bills with the leading Arab firms. When The Chartered Bank first established itself in India, Kolkata was the most important commercial city, and was the centre of the jute and indigo trades. With the growth of the cotton trade and the opening of the Suez Canal in 1869, Bombay took over from Kolkata as India's main trade centre. Today the Bank's branches and sub-branches in India are directed and administered from Mumbai (Bombay) with Kolkata remaining an important trading and banking centre.

Date Added: Sep 12, 2007 Hits: 0 Rating: 0.00 Votes: 0

The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the common sense. We are made up of two unique development institutions owned by 185 member countries—the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).
Each institution plays a different but supportive role in our mission of global poverty reduction and the improvement of living standards. The IBRD focuses on middle income and creditworthy poor countries, while IDA focuses on the poorest countries in the world. Together we provide low-interest loans, interest-free credit and grants to developing countries for education, health, infrastructure, communications and many other purposes.

Date Added: Sep 13, 2007 Hits: 0 Rating: 0.00 Votes: 0

Citibank India Website offers you a wide range of Credit Cards, Banking Accounts and Loans besides Wealth Management, Insurance Services, Investments Options and NRI Services. It?s everything you wanted to know about money

Date Added: Sep 13, 2007 Hits: 0 Rating: 0.00 Votes: 0

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.
The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated.
Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.

Date Added: Sep 18, 2007 Hits: 0 Rating: 0.00 Votes: 0