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Contents

   



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1 Subsidiaries  




2 References  













Repco Bank






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From Wikipedia, the free encyclopedia
  

Repco Bank
Founded19 November 1969; 54 years ago (1969-11-19)inMylapore, India
HeadquartersT. Nagar,
Chennai
,
India

Area served

South India
Websitewww.repcobank.com

Repco Bank (Repatriates Cooperative and Finance and Development Bank) is a cooperative bank established by the Government of India in 1969 to improve financial needs of repatriates from neighbouring countries mainly from Sri Lanka and Burma.[1] It has been controlled by the Ministry of Home Affairs and operated only in the South Indian states of Andhra Pradesh, Karnataka, Kerala and Tamil Nadu.[1][2] As of 2014, the shares of the bank are Government of India has 73.33%, repatriates has 21.28% and state governments Tamil Nadu has 2.91%, Andhra Pradesh has 1.73%, Kerala has 0.59% and Karanataka has 0.17%.[3]

Subsidiaries[edit]

References[edit]

  1. ^ a b "Repco Bank looks at RBI policy to operate as commercial bank". Business Standard. 11 June 2012. Retrieved 28 October 2014.
  • ^ "Repco bank in expansion mode in State". The Hindu. 25 December 2013. Retrieved 28 October 2014.
  • ^ "Rs 15.26 crore dividend cheque from REPCO Bank". Economic Times. 15 September 2014. Retrieved 28 October 2014.


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    • Retrieved from "https://en.wikipedia.org/w/index.php?title=Repco_Bank&oldid=1215051441"
    Categories: 
    ●Cooperative banks of India
     ●Banks established in 1969
     ●Financial services companies based in Chennai
     ●Indian companies established in 1969
     ●1969 establishments in Tamil Nadu
     ●Asian bank stubs
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     ●Use Indian English from October 2015
     ●All Wikipedia articles written in Indian English
     ●All stub articles
      


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