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State Bank of Travancore
Foundation of State Bank of Travancore was held in the year 1945. It had been named as Travancore Bank Ltd., until it was renamed to State Bank of Travancore after becoming an associate bank of State Bank Group. It was in the year 196o that State Bank of Travancore had been linked with the State Bank Group as one of its associate banks.
This subsidiary bank of the State Bank Group has now become a household name in the whole Kerala state today. This premier bank has 792 branches in Kerala and sixteen other states of the country.
With its fast growth recorded at 20.95 percent the State Bank of Travancore had net profit of Rs. 1,176 crores in its current financial year. The bank has given special focus to serve the agriculture segment.
This bank offers banking products including accounts, recurring deposits, overdraft facilities and rural banking etc. Total number of State Bank of Travancore ATMs has already crossed to 833. Kerala itself has 621 branches of this bank out of its total number of branches.
State Bank of Travancore acquired many small and private banks of Kerala from 1959 to 1965. Some of them are Indo-Mercantile Bank, Travancore Forward Bank, Vasudeva Vilasom Bank, Cochin Nayar Bank, Champakulam Catholic Bank, Bank of Alwaye and Chaldean Syrian Bank amongst others.
State Bank Of Travancore Details:
IFSC Code of Banks In India