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词条 Bank of Rajasthan
释义

  1. History

  2. Merger With ICICI Bank

  3. References

  4. External links

{{Use Indian English|date=February 2017}}{{Use dmy dates|date=March 2013}}{{Infobox company
| name = The BANK OF RAJATHAN Ltd.
| logo = BNKRAJS logo.gif
| type = Private company (BSE),
| location = Clock Tower,
Udaipur, India
| key_people = G. Padmanabhan (MD & CEO)
| industry = Banking
Loan
Capital Markets and allied industries
| fate = Merged with ICICI Bank
| foundation = {{Start date|1943}}
| defunct = {{End date|2010}}
| products = Loans, Savings, Investment vehicles, etc.
| revenue = {{INRConvert|15073.344|m}} (year ended March 2009)
| assets =
| net_income = {{profit}} {{INRConvert|1177.119|m}} (March 2009)
| num_employees =
| homepage = {{URL|www.bankofrajasthan.com}}
}}

The Bank of Rajasthan Ltd ({{lang-hi|बैन्क ओफ राजस्थान}}) ({{BSE|(500019 | BANKRAJAS)}}) was a private sector bank of India which merged with ICICI Bank in 2010.

History

It was set up at Udaipur in 1943 with an initial capital of Rs.10.00 lacs. An eminent Industrialist Late Seth Shri Govind Ram Seksaria was the founder chairman and Late Shri Dwarka Prasad Gupta was the first General Manager. It was classified as the Scheduled Bank in 1948. The Bank also established a rural (Gramin) bank Mewar Anchlik Gramin Bank in Ahmedabad District in Gujarat on 26 January 1983.

The bank's central office is located at Jaipur, although its registered office is in Udaipur. Presently the bank has 463 branches,[1][2]

in 24 states, with 294 of the branches being in Rajasthan.

Merger With ICICI Bank

RBI was critical of BOR's promoters not reducing their holdings in the company. BOR has been merged with ICICI Bank. ICICI paid Rs.30 billion for it. Each 118 shares of BOR will be converted into 25 shares of ICICI Bank.[3][4][5] dated 12 Oct 1998

References

1. ^The Bank Of Rajasthan Ltd.-Together We Prosper
2. ^Bank of Rajasthan – Bank of Rajasthan India – Bank Of Rajasthan Ltd
3. ^{{cite web|url=http://timesofindia.indiatimes.com/biz/india-business/BoR-to-be-merged-with-ICICI/articleshow/5946620.cms |title=BoR to be merged with ICICI |work=The Times of India |date=18 May 2010 |accessdate=2010-08-20}}
4. ^{{cite web|url=http://timesofindia.indiatimes.com/Biz/India-Business/Bank-of-Rajasthan-to-merge-with-ICICI/articleshow/5965515.cms |title=Bank of Rajasthan to merge with ICICI |work=The Times of India |date=23 May 2010 |accessdate=2010-08-20}}
5. ^{{cite web|url=http://timesofindia.indiatimes.com/biz/india-business/ICICI-BoR-merger-deal-valued-at-Rs-3041-crore/articleshow/5966378.cms |title=ICICI-BoR merger deal valued at Rs 3041 crore |work=The Times of India |date=24 May 2010 |accessdate=2010-08-20}}

External links

  • History
  • official Website
{{Banking in India}}{{India-company-stub}}{{Asia-bank-stub}}

8 : Economy of Rajasthan|Companies based in Rajasthan|Organisations based in Udaipur|Indian companies established in 1943|Banks established in 1943|2010 disestablishments in India|Banks disestablished in 2010|Defunct banks of India

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