Reviews
Overall Rating
4
4 Reviews
Write Review
Services
Questions & Answers
About The Catholic Syrian Bank Ltd in The Catholic Syrian Bank Ltd., Head Office, CSB Bhavan, P.O Box No.502, St.Mary’s College Road, Thrissur
The genesis of Indian banking is associated to a large extent with Swadeshi Movement, which inspired many Indians to promote Swadeshi Banks in the beginning of the 20th Century. The enterprising founders of Catholic Syrian Bank Ltd also found this period to be a moment of opportunity to promote the establishment of a bank. Thus was born The Catholic Syrian Bank Ltd, Nine decades ago, on 26th November 1920 to be exact at Thrissur,which in later years acquired the unique distinction of being a centre with the highest concentration of banks in the South. The founder directors of the bank were people of eminence known for their foresight, integrity and initiative. The policy they laid down has been consistently upheld by the successive generations who guided the destiny of the institution. The bank commenced business on January 1st, 1921 with an authorised capital of Rs.5 lakhs and a paid up capital of Rs. 45270/-During the first two decades of its functioning, the Bank concentrated only in Kerala. Banks and credit institutions which proliferated especially in Kerala received a jolt and many of them came to their doom following the crash of the Travancore National Quilon Bank in 1938 followed by Palai Central Bank in1960. During the period many small banks came to the verge of collapse shaking the confidence of the public and what followed was a process of consolidation. The strategy of mergers and amalgamations of small banks with bigger banks brought the number of banks within controllable limits, thereby making the industry's base strong. In 1964-65, The Catholic Syrian Bank Ltd took part in taking over the liabilities and assets of five small/medium sized banks in Kerala. The expansion programme initiated during these years gathered momentum in the subsequent years.
In August 1969, the Bank was included in the Second Schedule to the Reserve Bank of India Act 1934. In 1975, the Bank attained the status of "A" Class Scheduled Bank when its total Deposits crossed Rs.25 crores. The necessity of imparting training to staff looked very important and a modest beginning was therefore, made in setting up a Training College in 1975. In the same year the Bank entered the field of foreign Exchange. At a very early stage, the Bank recognised mechanisation as an effective tool of management and streamlined its accounting procedures by introduction of Data processing system. From November 1975, reconciliation of inter-branch accounts was mechanised by using IBM Data processing machines.
The decade of the seventies saw the evolution of a new culture in Indian Banking. Nationalisation of banks imposed "Social Control" and imparted new ethos to commercial banking . What followed was a massive expansion of bank branches with a distinct thrust on remote rural belts. Special schemes were formulated to cater to the diverse credit needs of small scale industries, road transport operators, agriculturists,and other self employed entrepreneurs.
The Catholic Syrian Bank Ltd did not lag behind in taking up the challenge and more than 75% of its clientele belong to small and economically weaker strata of Society. The Bank has a strong rural base with around 80% of the branches in rural and semi- urban areas.
Investments in money market and capital market instruments are being expanded and steps are being taken to have an in house equity research wing so as to face the challenges of the future. The Bank has also geared up its machinery to increase its market share of corporate finance in the days to come.
The real inner strength of a growing organisation lies in its staff resources. The Bank has been singularly fortunate all these years in creating an environment in which the employees at all levels could play their role.
Their contribution to the growth of this institution has been invaluable. The Bank has a very dynamic team on its Board of Directors who are guiding the destiny of the Bank leading to growth and prosperity.
Top categories in Thrissur
Popular Business in thrissur By 5ndspot
PrimeTime Media, Media/News CompanyThrissur, Thrissur, India - 680003
South Cinema News/updates
The BACK Benchers, Advertising AgencyMachadan Building, Room No : 437 , Ground Floor, Thrissur, India - 680301
Welcome to Official Facebook page of www.backbenchers.in part of Back Benchers Group .
PrimeReel Media, Media/News Company, Thrissur, India -
Entertainment Is Our Motto
SAJ Media Entertainment, Movie TheaterMundur, Thrissur, India - 680541
We Promote You - Let's Grow Together - Drop us a Line
Wings media, Professional Servicewings media ,above bajaj showroom,edamuttam, Thrissur, India - 680568
Photography and Cinematography team based in India & UAE
കാന്താരി മുളക്, Broadcasting & Media Production CompanyMG ROAD, Thrissur, India - 680001
We Promote Your Bussiness
Gate To Medicine, Education WebsiteNo.1 Coral reef, Co- operative Road,Chembukavu, Thrissur, India - 680020
Gate To Medicine conducts Medical PG Online MCQ Courses and Mock Tests for PG Medical Entrance Exams for Indian Medical PG Exams.
Manavatty Marriage, Professional ServiceThrissur, Thrissur, India - 680001
Manavatty Marriage Bureau is a matrimony service provider in Kerala for Hindu, Muslim, Christian from Kozhikode, Thrissur, Ernakulam, Malappuram, Cali
Bandidos - PIT STOP, Automotive Parts Storebandidos PIT STOP , Punkunnam Thrissur, Thrissur, India - 680002
BANDIDOS PITSTOP - Indias No : 1 Auto accessories & Race tech store,Loctated in Calicut & Thrissur.Dealing across India !!
Wingsmedia, Photography VideographyWings Media, Mughal mall, kodungalloor, Thrissur, India - 680568
one of the premiere wedding filmmakers based in India & UAE
Troll Thrissur, Arts & Entertainmentthrissur, Thrissur, India - 680651
മ്മള് തൃശ്ശൂർക്കാരുടെ സ്വന്തം ട്രോൾ പേജ്. . Join our Group : https://www.face
Dionna, Women's Clothing StoreDionna Near Puthanpally High Road Thrissur kerala OUR WHATS APP NO:9037096960, Thrissur, India - 04872427965 OUR WHATS APP NO 9037096960
We are an exclusive women's stylish clothing store. Broad collection of modish tops, stylish dresses, latest designs and patterns suitable for one an
Amma Wedding Creations, Wedding Planning ServiceWadakkanchery, Thrissur, India - 680582
Fashion --Advertising -- Portfolios -- Marriages
Emmatty Loongs Sports Foundation, Stadium, Arena & Sports VenueNear Thrissur Railway Station, Poothole, Thrissur, India - 680618Lollipop Weddings, Media/News Company
Edakkazhiyoor High School Jn, Thrissur, India - 680515
A good SNAP keep a moment from running away........lollipop wedding studio
Darkroom Creations, PhotographerFabis Arcade, Near Mar Thimothius School,Kuriachira, Thrissur, India - 680006
PHOTOGRAPHIC SERVICES in digital imagery. we undertake works like ADS | PORTFOLIOS | DESIGNS |9633295735 I 9061180602 I 8907225322
Sparsam, Photographer, Thrissur, India - 680021
Wedding Photography & Cinematography
AmFine.in, Mental Health ServiceRoom No. KMC/V 43/36, Kunnamkulam Trade Center, Town Hall Road, Kunnamkulam, Thrissur, India - 680503
AmFine.in is an Online Counseling center for all types of Psychological Counseling. You will get the service through www.AmFine.in
Sreesai N, PublisherThrissur, Thrissur, India - 680002
Official Facebook Page.
Beard Bloom, Health/BeautyKerala, Thrissur, India - 680317
Ever dreamt of long, soft and black beard? Beard Bloom Oil grants you that wish.