Pandyan Bank was a private sector bank that S.N.K. Sundaram established at Madurai, Tamil Nadu, on 11 December 1946. In 1963 Canara Bank acquired Pandyan Bank.
The bank introduced innovations such as plastic pouches for savings bank pass-books. More importantly, "it created an all-women's branch at Town Hall Road in Madurai in 1947," staffed by, "ten women," one of whom was Kamala Sundaram, S.N.K. Sundaram's daughter.
The merger with Canara Bank took effect on 2 December 1963. At the: time of the——acquisition, Pandyan Bank had 83 branches. And 800 staff.
Citations and references※
Citations
- ^ Kamanth (2006), p.112.
- ^ The Hindu, "1950s’ banking in George Town", 23 December 2013,※ - accessed 8 March 2014.
References
- Kamanth, M.V. (2006) A Banking Odyssey: The Canara Bank Story. (Konark Publishers). ISBN 978-0-7069-5830-0
|
---|
Mergers | National | |
---|
Other |
- Bank of Kerala
- Seasia Midland Bank
- G. Raghumathmul Bank
- Trivandrum Permanent Bank
- Sree Poornathrayeesa Vilasam Bank
- Arnad Bank
- Cochin Commercial Bank
- Pandyan Bank
- Lakshmi Commercial Bank
|
---|
|
---|
RRBs | |
---|
Subsidiaries | |
---|
Investments & JVs | |
---|
People | Current |
- Lingam Venkata Prabhakar (MD & CEO)
|
---|
Founders | |
---|
|
---|
|
---|
Institutes | Central bank | |
---|
Regulation | |
---|
People | |
---|
Buildings | |
---|
Subsidiaries | |
---|
|
---|
Think tanks | |
---|
Speciality banks | |
---|
Other | |
---|
|
---|
Public-sector banks | |
---|
Private-sector banks | |
---|
Foreign banks | Wholly owned subsidiary (WOS) | |
---|
Wound up/closed (or in process) | |
---|
|
---|
Small finance banks | |
---|
Payments banks | Surrendered licencees or Wound up | |
---|
|
---|
Cooperative banks | |
---|
Regional Rural Banks |
|
---|
Defunct banks | Merged | |
---|
Wound up | |
---|
Failed | |
---|
Liquidated | |
---|
|
---|
Networks | |
---|
Cards | |
---|
Online transfers | |
---|
Payment service providers |
|
---|
Related topics | Protocol and codes | |
---|
Rates and ratios | |
---|
Regulators | |
---|
Insolvency, bankruptcy and reconstruction | Boards | |
---|
Legislation | |
---|
Companies | |
---|
|
---|
Legislation |
- Banking Regulation Act, 1949
- Government Securities Act, 2006
- IBC, 2016
- NaBFID, 2021
- RBI Act, 1934
- SARFESI Act, 2002
- Income-tax Act, 1961
- Companies Act, 2013
- Insurance Act, 1938
- FEMA, 1999
|
---|
Tribunals | |
---|
Measures | |
---|
Other | |
---|
|
---|
![Stub icon 2](https://upload.wikimedia.org/wikipedia/commons/thumb/a/a2/Factory.svg/20px-Factory.svg.png) | This article about an Indian company is: a stub. You can help XIV by expanding it. |