State Bank of Travancore
From Wikipedia, the free encyclopedia
| State Bank of Travancore | |
 |
|
| Type | Public (BSE, NSE:SBT) |
|---|---|
| Founded | Thiruvanathapuram, 12 Sep 1945 (as Travancore Bank Ltd) |
| Headquarters | Poojappura, Thiruvananthapuram, India |
| Key people | Chairman [A K Purwar] Managing Director [Om Prakash Bhatt] |
| Industry | Banking Capital Markets and allied industries |
| Products | Loans, Credit Cards, Savings, Investment vehicles etc. |
| Website | www.statebankoftravancore.com |
State Bank of Travancore(SBT) is a nationalised bank in India.
State Bank of Travancore (SBT), an associate bank of the State Bank Group, is a premier bank of Kerala state, India. SBT was originally established as Travancore Bank Ltd. in 1945 under the active support of the then Maharaja of the princely state of Travancore.
The bank became a subsidiary of State bank of India as per the State Bank of India Subsidiary Banks Act, 1959, enacted by the Parliament of India. Many of the old private banks of Kerala like the Travancore Forward Bank, Kottayam Orient Bank, Bank of New India, Cochin Nayar Bank, The Latin Christian Bank, etc., were amalgamated with the Bank between 1961 to 1965.
SBT has a network of over 670 branches spread in 14 states of the Republic of India. The bank is one of the leading banks in Kerala, with 552 branches, out of 670, located in Kerala.
As of the 12th of September 2005, the State Bank of Travancore went online with core banking implemented across all its branches. It is the second associate bank of State Bank Of India to have implemented core banking. The entire state bank group is expected to implement core banking by September 2006.
[edit] See also
[edit] External link
This Indian corporation, company, Cooperative, NGO or Public Sector Undertaking article is a stub. You can help Wikipedia by expanding it.
