STATE BANK of Travancore

STATE BANK of Travancore

26 0 Automated Teller Machine (ATM)

9495795271 sheltengeorge@protonmail.com www.statebankoftravancore.com

SATHYANIKETHANAM, NEAR AGC., VELLAYANI.P.O., THIRUVANANTHAPURAM-695522., KERALA, INDIA., Trivandrum, India - 695522

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About STATE BANK of Travancore in SATHYANIKETHANAM, NEAR AGC., VELLAYANI.P.O., THIRUVANANTHAPURAM-695522., KERALA, INDIA., Trivandrum

State Bank of Travancore (SBT), is a subsidiary of the State Bank Group, but also has private share-holders. It is the premier bank of Kerala, where it handles the majority of its business. Overall, SBT as of March 31, 2015 has a network of 1,157 branches and 1,602 ATMs, covering 18 states and three union territories.
As of March 31, 2015, SBT has a total business of ₹1.61 lakh crore (US$25.23 billion), comprising total deposits of ₹91,077 crore (US$14.29 billion) and gross advances of ₹69,907 crore (US$10.96 billion).
The bank has reported a net profit of nearly ₹192 crore(US$30.12 million) in the fourth quarter of the fiscal year 2014-15, compared with ₹48.6 crore(US$7.62 million) a year ago, registering a growth of 295%. For the full fiscal year 2014-15, profit came in at ₹336 crore, against ₹304 crore a year ago.[1]
9495795271, 8289995271.
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SBT was established in 1945 as the Travancore Bank Ltd, at the initiative of Travancore Divan C. P. Ramaswami Iyer. Following popular resentment against his dictatorial rule, the bank no longer credits his role. Instead, the Bank now considers the Maharaja of Travancore as the founder, though the king had little to do with the founding. Although the Travancore government put up only 25% of the capital, the bank undertook government treasury work and foreign exchange business, apart from its general banking business. Its registered office was at Madras. In 1960, it became a subsidiary of State Bank of India under the SBI Subsidiary Banks Act, 1959, enacted by the Parliament of India.[citation needed]
Between 1959 and 1965, SBT acquired numerous small, private banks in Kerala.[2]
1959: SBT acquired the assets and liabilities of Indo-Mercantile Bank, which Sri Popatlal Goverdhan Lalan had helped found in Cochin in 1937.
1961: SBT acquired Travancore Forward Bank (est. 1929), Kottayam Orient Bank (est. 1926), and Bank of New India (est. 1944) after the Reserve Bank of India put the banks under moratorium.
1963: SBT acquired Vasudeva Vilasam Bank (est. 1930).
1964: SBT acquired Cochin Nayar Bank (est. 1929) and Latin Christian Bank (est. 1928 in Ernakulam), after the Reserve Bank of India put the banks under moratorium. It also acquired Champakulam Catholic Bank, which had been established in 1929 in Alleppey.
1965: SBT acquired Bank of Alwaye (est. 1942), and Chaldean Syrian Bank, which several leading families of Syrian Christian origin had founded in 1918.[3]
Board of Directors[edit]
Current Board of Directors [4] are :
Ms. Arundhati Bhattacharya - Chairman (ex-officio)
Mr. C.R.Sasikumar- Managing Director
Dr. J. Sadakkadulla - Director
Mr. V.G. Kannan - Director
Mr. Neeraj Vyas - Director
Mr. Vijay Kumar Monga - Director
Mr. Ravi Nandan Sahay - Director
Mr. V. Kaliappan - Director
Mr. P. V. Prasad - Director
Mr. M. C. Jacob - Director
Mr. Sajen Peter - Director
Mr. Anshuman Sharma - Director
State Bank of Travancore (SBT) was originally established as Travancore Bank Ltd. in 1945 sponsored by the erstwhile Princely State of Travancore.Under a special statute of the Indian Parliament (SBI subsidiary Banks Act 1959) it has been made an Associate of the State Bank of India and a member of the State Bank Group, the largest banking group in India.
Regd. office/ Head Office at: Poojapura, Thiruvananthapuram - 695 012, Kerala State, India.
SOCIAL RESPONSIBILITY

960 Social circles provide self less community service
Free Medical Camps, Free cancer detection camps, Rehabilitation Programs
Programs for improving the facilities of orphanages, Old age homes, Pain and Palliative centres
Programs for the benefit of the student community , Training programmes, Skill development programmes
Infra structure development for schools: Toilets, Smart class rooms
SOCIAL BANKING
Being a public sector bank, we are committed to the policies of the Government for social development. We offer credit to the Priority Sectors and also the special schemes announced by the Government

PRIORITY SECTOR LENDING
The Bank is alive to its developmental role and actively participates in meeting need based requirements of Small and Medium Enterprises and Agriculture. It has consistently met the benchmarks for priority sector advances stipulated by the Government from time to time

MICRO SMALL AND MEDIUM ENTERPRISES
The Bank attaches priority to the vital sector and encourages technocrats and women entrepreneurs. Bank has set up exclusive Small and Medium Enterprises branches for this sector. We have also set up Regional Care Centres for quick redressal of grievances, as per Government of India directions. The bank has introduced a number of loan products to suit the requirement of the specific sub sectors. The branches are also equipped with a professional team with adequate training to evaluate the requirements and provide customized solutions to the applicants.
AGRICULTURE
The Bank caters to the needs of farmers through its rural and semi-urban branches. We have set up specialised Krishi Point Branches totally dedicated to agricultural advances. The Bank also encourages investment credit activities such as dairy, poultry, piggery, fishery, plantation, horticulture, construction of rural godowns and warehouses etc. Farm mechanisation and and Hi-Tech Agriculture are given due attention . We have also introduced the revised Kisan Credit Card Scheme, for farmers with more flexibility to purchase agricultural inputs, maintenance and repair of agri. implements and meet some consumption requirements. Bank also has introduced scheme to extend assistance to tenant farmers who are holding only leasehold rights over the land in which they cultivate. Large areas of fallow lands are being brought under cultivation under this Scheme. The Bank has also introduced the following schemes for the development of agriculture.
Kissan Gold Card scheme for Investment and Consumption purposes
Produce Marketing Loans and Advance against Ware house receipts
Karshaka Suhrut
Finance infrastructure in activities like dealers in fertilizers, poultry feed, cattle feed, agricultural implements , Construction of Cold Storage, rural Godown etc.
Finance to Agri Clinic and Agri Business centre.
Finance to Coconut Development Boad - Society members for Coconut planting/replanting, intercrop in coconut garden , working capital for maintanance of coconut plantation and issue of SBT Kalpashree Rupay Combo cards.
We are concentrating more on capital investment in agriculture by providing more Agricultural Term Loans in association with Govt. of India, NABARD and State Govt. Agencies who extend subsidy for some schemes.
We are concentrating more on capital investment in agriculture by providing more Agricultural Term Loans in association with Govt. of India, NABARD and State Govt. Agencies who extend subsidy for some schemes. The Bank has surpassed the bench mark level of 18% under Agriculture sector for the past two years in
succession.

FINANCIAL INCLUSION
In the State of Kerala, Our Bank has been allocated 838 SSAs . 511 are covered by Branches and 327 by Business Correspondents.
In the State of Tamilnadu, our Bank has been allotted 15 FI Villages of which 10 are covered by Bank branches and in 5 villages we have covered through Individual Business Correspondents.
Our Bank has engaged M/s. CSC e-Governance Services India Limited, an SPV set up by the Ministry of Telecommunications as the Bank’s Corporate Business Correspondent. CSC e-Governance Services India Limited in turn has an arrangement with Akshaya Mission of the Kerala Government, whereby the Village Level Entrepreneurs (VLEs) or the Akshaya Kendras will act as the Business Correspondent’s Agents for the Bank. All the 327 SSAs are thus covered by BCAs (Akshaya Kendras). All our BCAs are on the “KIOSK Banking” platform (A Software platform developed by M/s. Tata Consultancy Services for State Bank of India and licensed to us).
In addition to the Government mandated SSAs, our Bank has also inducted further 492 Akshaya Kendras as BCAs. All are linked to the nearest SBT Branch.
In 2016 the total number of such BCAs will reach 1000. These will be an additional channel of delivery of Banking Services to the public as well as SBT’s customers.
The Bank has set up a separate Direct Benefits Transfer (DBT) branch in Thiruvananthapuram. This branch is handling all the DBT and DBTL payments. Payment of wages under Mahathma Gandhi Rural Employment Generation Scheme in Kerala is routed solely through this branch.

NRI SERVICES
Preferred Bank of choice for NRIs.
Having Highest amount of NRI Deposits in the state of Kerala.
Rupee Drawing arrangements with 43 Exchange companies and one bank.
• Money Trans-provides faster and speedy remittance facility from exchange companies. SBT Flash, an Instant Credit facility available to accounts in SBT through all exchange companies having tie –up with the Bank.
The Bank has correspondent banking arrangements with 19 Banks world wide
SMS Alert facility for customers in Gulf countries.
X press Remit, an online remittance facility to remit money to SBT accounts from UK, Canada and Worldwide.
Bank has made available the service of Relationship Managers in all GCC countries to attend to various banking requirements of NRI s.
Rupee Premium account can be opened in nine major currencies for the benefit of NRI customers. The rates are quoted on a daily basis by the Bank. The maturity value can be converted to Rupee and credited to NRI. The deposit can opened for a maximum period of 5 years. Rupee Premium account above 1 year can be opened only in US dollars with a minimum amount of 1 lakh US Dollars.
Foreign Currency Loans in India to holder of FCNR (B) deposits is available. The Customers can avail the loan amount in US Dollar, Pound Sterling and Euro.
NRE Platinum account, NRE Sukoon current account, NRE thrift Deposit,

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