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F r o m W i k i p e d i a , t h e f r e e e n c y c l o p e d i a
The Times Bank was a bank founded in 1994 by the Bennett, Coleman & Co. Ltd. which is the holding company of The Times of India [2]
History [ edit ]
In December 1993, The Times Group (which is owner of the Times of India newspaper) received an in-principle approval from the Reserve Bank of India for starting a new private bank.[3]
The Bank was incorporated on 6 July 1994 by the Bennett, Coleman & Co. Ltd. and the Certificate of Commencement of Business was obtained on 22 August 1994.[4]
The Bank opened its first branch on D. N. Road, Mumbai, on 8 June 1995.[5]
In the year 2000, the bank was merged with the Indian private bank HDFC Bank .[6]
Business activities [ edit ]
The bank was a member of the Cirrus ATM network . It had four strategic business units: assets group, trade finance group, services group & syndication & advisory services group. It was also the first bank in India to provide an on-line, real-time debit programme in Delhi & Mumbai.[7]
At the time of its acquisition, Times Bank had 541 employees, 35 branches and 34 ATMs, whereas HDFC Bank had 827 employees, 57 branches and 77 ATMs.[8] [9] State Bank of India .[10]
The acquisition of Times Bank by HDFC Bank was a major profit booster for The Times Group .[11]
See also [ edit ]
References [ edit ]
^ "A Bank for the Buck" . 19 November 2012.
^ "Times Bank limited [TIMBANs] History" .
^ "A Bank for the Buck" . 19 November 2012.
^ "Times Bank limited [TIMBANs] History" .
^ "Times Bank limited [TIMBANs] History" .
^ "Times Bank limited [TIMBANs] History" .
^ "A Bank for the Buck" . 19 November 2012.
^ "A Bank for the Buck" . 19 November 2012.
^ Giri, Arun (28 August 2008). "Bennett, Coleman net profit zooms 31% to Rs 573 crore" . Business Standard India .
External links [ edit ]
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R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=Times_Bank&oldid=1186862665 " C a t e g o r i e s : ● D e f u n c t b a n k s o f I n d i a ● C o m p a n i e s b a s e d i n K o l k a t a ● B a n k s e s t a b l i s h e d i n 1 9 9 4 H i d d e n c a t e g o r i e s : ● A l l a r t i c l e s w i t h b a r e U R L s f o r c i t a t i o n s ● A r t i c l e s w i t h b a r e U R L s f o r c i t a t i o n s f r o m A u g u s t 2 0 2 2 ● A r t i c l e s w i t h s h o r t d e s c r i p t i o n ● S h o r t d e s c r i p t i o n m a t c h e s W i k i d a t a ● U s e I n d i a n E n g l i s h f r o m M a y 2 0 2 1 ● A l l W i k i p e d i a a r t i c l e s w r i t t e n i n I n d i a n E n g l i s h ● U s e d m y d a t e s f r o m M a y 2 0 2 1
● T h i s p a g e w a s l a s t e d i t e d o n 2 5 N o v e m b e r 2 0 2 3 , a t 2 3 : 4 7 ( U T C ) . ● T e x t i s a v a i l a b l e u n d e r t h e C r e a t i v e C o m m o n s A t t r i b u t i o n - S h a r e A l i k e L i c e n s e 4 . 0 ;
a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n . ● P r i v a c y p o l i c y ● A b o u t W i k i p e d i a ● D i s c l a i m e r s ● C o n t a c t W i k i p e d i a ● C o d e o f C o n d u c t ● D e v e l o p e r s ● S t a t i s t i c s ● C o o k i e s t a t e m e n t ● M o b i l e v i e w
