CompanyProfile:

Tamil Nadu State Apex Coop. Bank Ltd., (TNSC Bank) is functioning at
Chennai which co-ordinates the entire short-term cooperative credit structure. The Tamil
Nadu State Apex Co-operative Bank Ltd., commenced its business during November
1905 as an Urban Cooperative Bank. It was subsequently changed into a District Central
Cooperative Bank during July1920. At present, the Bank is functioning at Chennai with
44 branches, an Extension Counter and H.O.TNSC Bank is guiding the District Central
Cooperative Banks/Primary Agricultural Cooperative Banks in their functioning and it is
playing a major role in the cooperative movement of Tamil Nadu. TNSC Bank was
formed in the year in which the coop. movement of Tamil Nadu was formed. Assuch, the
Bank has been serving the people of Tamil Nadu for a centenary for their
economicdevelopment. As far as Indian coop. movement is concerned, the Bank has
commenced its business from the very next year of the formation of cooperative
movement in India. TNSC Bank is the first ever State Coop. Bank having the credit of
celebrating the centenary year. TNSC Bank has got the license of Reserve Bank of India
to carry on the banking business. TNSC Bank isa Scheduled Coop. Bank and has been
listed under the Second Schedule of RBI Act. TNSC Bank is a member of the Deposit
Insurance and Credit Guarantee Corporation (DICGC) and is an insured coop. bank as per
DICGC Act. TNSC Bank has got the privilege of having its share capital by the
Government of Tamil Nadu. TNSC Bank has been under close supervision andmonitoring
of the higher financing agencies, viz., RBI, NABARD. Periodical inspection
andsupervision are done by NABARD as per RBI guidelines. Government of Tamil Nadu
is reviewing the performance of the Bank periodically.
THEPROFILE OFOTHERSLECTEDBANKS FORTHESTUDY:

Indian Bank is an Indian state-owned financial services company established

in1907 and headquartered in Chennai, India. It has 20,924 employees, 2851 branches with
2857ATMs and 693 cash deposit machines and is one of the top performing public sector
banks in India. Total business of the bank has touched Rs.3.64lakh crores as on
31March2018. Bank's Information Systems & Security processes certified with
ISO27001:2013 standard and is among very few Banks certified worldwide. It has
overseas branches in Colombo and Singapore including a Foreign Currency Banking Unit
at Colombo and Jaffna. It has 227Overseas Correspondent banks in 75countries. Since
1969 the Government of India has owned the bank. In 1990, Indian Bank rescued Bank of
Tanjore with its157 branches, based in TamilNadu. 2013 -Indian Bank inaugurates two
ATM centres at Chennai airport. -Indian Bank and United India Insurance Company
(UIIC) have launched a web portal offering online entry and renewal of group insurance
policies. 2014 -The Board has also declared an Interim Dividend of Rs.3.00 (30%) per
Equity Share and the Final Equity Dividend of Rs.1.70 (17%) per Equity Share of face
value of Rs. 10/- each -Indian Bank revises interest rates on foreign currency. In
June2015, business of the bank crossed the Milestone Target of ₹3, 00,000 crore.2017-
IndianBank has launched a unique, easy & hassle free home loan product “IB Home
Enrich” forrepairs and renovation of residential dwelling units. Total business of the bank
has touched Rs.3.64lakh Crores as on 31 March2018.

VijayaBank is a public sector bank with its corporate office in Bangalore,

Karnataka, India. It is one of the nationalized banks in India. The bank offers a wide range of
financial products and services to customers through its various delivery channels.
Accordingly, Shetty involved 14 Bunts and established Vijaya Bank on 23 October 1931. In
the beginning the bank had an authorized capital of ₹5lakh and an issued capital of ₹2lakh.
The paid-up capital was ₹8,670. On 8 May 2016 Vijaya Bank informed the stock exchanges
that the allotment committee of the Board of Directors of the bank has accorded approval for
allotment of 6.62 crore equity shares at issue price of Rs33.19per share by way of Preferential
Issue to the tune of upto Rs 220 crore to Government of India on preferential basis. The QIP
Committee of Vijaya Bank at its meeting held on 4 September 2017 approved the issue and
allotment of 11.10 crore equity shares to eligible Qualified Institutional Buyers at issue price
of Rs 63.05 per share at a discount of 5% on the floor price of Rs 66.36 per share aggregating
to Rs 700 crore. Earlier the QIP Committee at its meeting held on 31 August 2017 had
announced the closure of the issue period for the Qualified Institutional Placement (QIP) on
31August 2017.The Board of Directors of Vijaya Bank at its meeting held on 8 February 2018
considered and approved issue equity shares on a preferential basis to Government of India for
an amount upto Rs.1277 crores. The Allotment Committee of Vijaya Bank at its meeting held
on 27 March 2018 allotted 19.42 crore equity shares at issue price of Rs 65.73 per share to
Government of India on preferential allotment basis.

Punjab&SindBank is a government-owned bank (79.62%), with headquarters

in New Delhi. Of its1554 branches spread throughout India, 623 branches are in Punjab
state. On 24June1908, Bhai Vir Singh, Sir Sunder Singh Majitha, and Sardar Tarlochan
Singh established Punjab & Sind Bank. On 15April 1980 Punjab & Sind Bank was among
six banks that the Government of India nationalised in the second wave of
nationalisations. In the 1960s Punjab & Sind Bank established a branch in London. In
1991 Bank of Baroda acquired Punjab & Sind Bank's London branch at the behest of the
Reserve Bank of India following Punjab &Sind's involvement in the Sethia fraud in 1987.
Since 2004 Punjab & Sind has shown growthof over 40% year on year, and its recent IPO
was oversubscribed by more than 50 times. Recently the bank crossed a mark of Rs.1 lac
crore in business. Sutlej Gramin Bank was a Regional Rural Bank sponsored by Punjab &
Sind Bank. 2012 -PSB has recommended adividend @ Rs. 2/- (Rupees Two Only) per
equity share of Rs. 10/- each. 2013 -PSB hasrecommended a dividend @ Rs. 2.68 (Rupees
two and paise sixty eight only) per equity shareof Rs. 10/- each. 2014 -PSB has
recommended a dividend @ Rs. 0.60 (paise sixty only) perequity share of Rs. 10/- each.
2015 -Punjab & Sind Bank - Authorised KMPs to determine materiality of
events/information. Net NPA is 6.93% for the year ending 2017-18. The bank's operating
profit for the earning 2017-18 is Rs.1144.71crores. Total business of the bank was Rs.1,
71,464.95crores for the year ending2017-18. The net worth of the bank as on 31.03.18 is
Rs.4733.96crore.

Bank of Maharashtra is a major public sector bank in India. Government of

India holds 87.01% of the total shares. The bank was founded by V. G. Kale and D. K.
Sathe and registered as a banking company on 16 September 1935 at Pune. The bank was
registered on 16September 1935 with an authorized capital of₹1million, and began
business on 8February1936. After nationalization in 1969, the bank expanded rapidly.
Narendra Singh who had assumed the office of Chairman and Managing Director from 1
February 2012, left his officeon 30 September 2013 on attaining superannuation. The
bank launched `Maha UPI' its UPI mobile application from 26August2016. The bank
started the Paper-less ATM-RePIN facility (GreenPIN) for ATM Card through its ATM
Machines. During they are under review the bank launched New Internet Banking Portal
for Retail Customers. Bank of Maharashtra was placed under Prompt Corrective
Action(PCA) by RBI in June2017 in view of its high net NPA. Ghar Ghar Dastak Yojana
(GGDY) was introduced for Small NPA borrowers up to Rs10 lakhs. Maha Mukti - 2017-
18 (A) and Maha Mukti - 2017-18 (B) schemes were introduced for NPA having ledger
balance above Rs10lakhs upto Rs 1crore and ledger balance above Rs1crore upto
Rs25crore respectively. The bank has15million customers across the length and breadth of
the country served through 1897 branches as of 5 April 2016. During FY 2017-18 the
bank redeemed BaselII/BaselIII Compliant Bonds for an amount of Rs1925.00crore by
exercising call option. In 2017-18 the bank added two more partners in life insurance
business i.e. M/sAviva Life Insurance Company and M/sReliance Nippon Life Insurance
Company. The Government of India infused total additional capital of Rs 3173 crore Bank
of Maharashtra in two tranches; Rs 650 crore on 29 December 2017 and Rs 2523 crore on
27 March 2018.A.S.Rajiv became the managing director and chief executive officer
on1stDecember2018.

United Bank of India (UBI) is an Indian government-owned bank

headquarteredinKolkata,India.Thegovernmentproposedtoinvest2.5billionrupeesinsharesby
31Marchandanother5.50billioninthenextfiscalyearinTier-
Icapitalinstruments.TheReserveBankof India assisted the banks in amalgamating to form
United Bank of India. At the time
ofnationalisationUBIhadonly174branches.InFebruary2014,anRBI-
appointedforensicauditby Deloitte found serious lapses in the Non-performing asset
detection system of the bank. Itis yet to be established whether this oversight on the part
of the bank was deliberate
orunintentional.UBIgetsSEBIapprovalforRs1,000croreequityissueviaQIPon22November2
017,UnitedBankofIndia(UBI)saidithasreceivedSEBI’sapprovalforissueofequityshares
worth Rs 1,000 crore by way of institutional placement. On 15 February 2018 UnionBank
of India clarified to the stock exchanges that the bank through its foreign branches
hasbeentakingexposurewithPunjabNationalBank(PNB)ascounterpartyundervariousLetters
of Undertakings issued through authenticated SWIFT message. On 31 January 2018
UnionBank of India informed the stock exchanges that the bank has sold its entire stake of
10% inExperian Credit Information Company of India Private Limited on 30 January
2018. On
27March2018UnionBankofIndiaissuedandallotted31.28croreequitysharesatissuepriceofRs
144.62pershareonpreferentialbasistoGovernmentofIndia.On18May2018UnionBankof
India announced that Dai-IchiLife HoldingsInc. Japan has invested in Union
AssetManagement Company Private Limited through Compulsory Convertible Preference
Shares(CCPS)on 17 May2018after obtainingrequisite regulatoryapprovals.
Dena Bank is headquartered in Mumbai and it has 1874 branches. The bank
wasfounded in 1938 and the Indian government nationalized it in 1969. Dena Bank was
foundedon26May1938bythefamilyofDevkaranNanjee,underthenameDevkaranNanjeeBank
ingCompany. It adopted its new name, Dena Bank , when it incorporated as a public
company inDecember 1939. In July 1969 the Government of India nationalized Dena
Bank, along withthirteen other major banks. It is now a Public Sector bank constituted
under the
BankingCompanies(Acquisition&TransferofUndertakings)Act,1970.InNovember2008,SB
ICardand Dena Bank launched the SBI Dena Bank Card with two variants Gold &
International inMumbai. The SBI Dena Bank Credit Card is developed with the popular
international
creditcardfranchiseVisaInternational.On17September2018,TheFinanceMinistry
oftheGovernmentofIndiaproposedtomergethreestaterunbanks—
VijayaBank,BankofBaroda,and Dena Bank — into a single bank. The amalgamated bank
is to become the third biggestbank in India with a total business of more than
₹1,482,000,000,000 (US$21 billion). Theboards of the three banks are to meet to consider
the proposal. The agenda behind the mergerofthebanksistolowerNon-
performingassets.TheGrossNPAOFtheBankofBaroda,VijayaBank and Dena Bank is
12.4%, 6.9% and 22% respectively. On 17 September 2018, theGovernment of India
proposed the merger of Dena Bank and Vijaya Bank with the Bank
ofBaroda,pendingapprovalfromtheboardsofthethreebanks.ThemergerwasapprovedbytheUn
ion Cabinet and the boards of the banks on 2 January 2019. Under the terms of the
merger,Dena Bank and Vijaya Bank shareholders received 110 and 402 equity shares of
the Bank ofBaroda, respectively, of face value ₹2 for every 1,000 shares they held. The
merger will beeffective1 April 2019.
Bank of Baroda (BoB) is an Indian multinational, public sector banking
andfinancialservicescompany.ItisownedbyGovernmentofIndiaandheadquarteredinVadodar
a, GujaratThe bank was founded by the Maharaja of Baroda, Maharaja
SayajiraoGaekwadIIIon20July1908inthePrincelyStateofBaroda,inGujarat.Asmanyas10ban
kshave been merged with Bank of Baroda during its journey so far. Then in 1957 BoB
took
agiantstepabroadbyestablishingabranchinLondon.In1958BoBacquiredHindBank,whichbec
ame BoB's first domestic acquisition. Based on 2017 data, it is ranked 1145 on
ForbesGlobal 2000 list. Basis. On 3 May 2017 Bank of Baroda announced that the bank
has electedto exercise its option to redeem all outstanding US$ 300 million Upper Tier-II
SubordinatedNotes (the Notes) on 25 May 2017.BoB has total assets in excess of ₹ 3.58
trillion (making
itIndia’s2ndbiggestbankbyassets),anetworkof5538branchesinIndiaandabroad,and10441AT
Ms as of July, 2017.The government of India announced the merger of Bank of
Baroda,VijayaBankandDenaBankonSeptember17,2018tocreatethecountry'sthirdlargestlen
der.The envisaged amalgamation will be the first-ever three-way consolidation of banks in
thecountry,withacombinedbusinessofRs14.82lakhcrore,makingitthethirdlargestbankafterSt
ate Bank of India (SBI) and ICICI Bank. On 12 February 2018 Bank of Baroda
announcedthat in line with the bank's strategic plan for rationalization of overseas
branches the bank isexiting from its operations in South AfricaOn 14 February 2018 Bank
of Baroda
announcedthatithasenteredintoaMemorandumofUnderstanding(MoU)withSmallFarmers'A
gribusiness Consortium (SFAC) as a preferred bank for the state of Maharashtra. On
27March 2018 Bank of Baroda announced the issue and allotment of 34.13 crore shares at
anissue price of Rs 157.46 per share amounting to Rs 5375 crore to Government of India
onpreferentialbasis.

SyndicateBankisoneoftheoldestandmajorcommercialbanksofIndia.Atthetime
of its establishment, the bank was known as Canara Industrial and Banking
SyndicateLimited.TheBankisheadquarteredintheuniversitytownofManipal,India.In2012Sy
ndicateBank has launched a special festival campaign to offer auto, home loans at
concessional
ratesandwaivedofftheprocessingfeeonsuchtransactions.In2013SyndicateBankhasrecomme
ndedaDividendofRs.6.70pershare(67%).In2014SyndicateBankhasrecommended a Final
Dividend of Rs. 3.00 per share (30%). Syndicate Bank launches termdeposit scheme
offering 9.25-9.75%. In 2015 Syndicate Bank has raised Rs 400 crore throughissuing
basel III compliant tier II bonds. In 2016 Syndicate Bank has raised Rs 930
crorethroughissuingBaselIIIcompliantadditionaltier.TheBankhasissued4.85lakhSyndicate
Kisan Credit Cards during the year 2016-17 amounting to Rs. 6562 crore. As at March
2017RupayKisan Cards have been issued in case of 7.21 Lakh operative SKCC A/cs.
During theFY2017-1826newBankingOutletsareopenedinUnbankedRuralCentres(URC)/
Left-
wingExtremism(LWE)districtsThebankhasextendedtheinterestsubventionbenefitattherateo
f2 per cent to the tune of Rs 182 crore and Rs 193 crore as additional incentive of
interestsubvention at the rate of 3 per cent for timely repayment during 2017-18 and
making
theeligiblefarmerderivecreditattheeffectiveprescribedinterestrateof4percentp.a.TheMulti-
Currency Co-Branded forex pre-paid card in association with Thomas Cook India Ltd
andMaster Card was launched on 23 June 2017. In addition the Bank has installed GST
Softwareto facilitate for Online & Offline Collection of Goods & Service Tax (GST). As
on 31 March2018 Bank had installed 8140 POS Terminals in total out of which 3644
terminals wereinstalledduringtheyear.

AndhraBankhasitsheadquartersinHyderabad,Telangana,India.During2011–
12,thebankenteredthestatesofTripuraandHimachalPradesh.Thebank
nowoperatesin25statesandthreeUnionTerritories.AndhraBankisapioneerinintroducingCred
itCardsinthecountry in 1981. Andhra Bank has ranked No.1 in terms of number of Life
Insurance Policiesmobilised amongst all the agency banks dealing with the Life Insurance
Corporation of India.It is a joint venture between two of India’s public sector banks –
Bank of Baroda (44%) andAndhra Bank (30%), and UK’s financial and investment
company Legal & General (26%). Itwas incorporated in November 2009. From January
2010 onwards Andhra Bank commencedsale of life insurance policies across all the
branches. The Government of India owns
63.97%ofitssharecapitalason31Dec2015.Thebankhasdoneatotalbusinessof₹3,106billionan
dhas earned a net profit of ₹5.40 billion for the Financial Year 2015-16.During the
financialyear ended 31 March 2016 United Stock Exchange of India (USE) was
amalgamated withBombay Stock Exchange and Andhra Bank as one of the promoter
shareholders of USE
wasallotted77922sharesofBSEwithafacevalueofRs1pershareatRs385pershareamountingto
Rs 3 crore. During the financial year ended 31 March 2017 Andhra Bank entered
intoMemorandum of Understanding (MOU) with Ministry of Textiles to finance Weavers
underPMMY and new scheme had been launched in the name of AB- Weaver Mudra.
During thefinancial year ended 31 March 2018 Andhra Bank raised Rs 1100 crore and Rs
1890 croreunder Equity Capital from Government of India in Preferential basis.Andhra
Bank is amedium-sized public sector bank of India, with a network of 2900 branches, 4
extensioncounters,38 satelliteoffices and 3636ATMsas of 31 September2018.
CorporationBankisapublic-
sectorbankingcompanyheadquarteredinMangalore, India. The bank has a pan-Indian
presence. Presently, the bank has a network of2,600fullyautomatedCBSbranches,3,040
ATMs,and4,724branchlessbankingunitsacrossthe country. On 14 November Corporation
Bank said it raised an amount of Rs 500 crore oftheBaselIIIcompliantTier-
IIBonds(Series1)andthesamehasbeenallottedbytheSecuritiesAllotment Committee of the
Board of the Bank. Corporation Bank is ranked First under"National Awards for
Excellence in MSE Lending" and Second under "National Awards forExcellence in
Lending to Micro Enterprises" for the year 2012-13 under Public Sector Banksfrom
Ministry of Micro, Small and Medium Enterprises. Corporation Bank has won the
IBABankingTechnologyAward2012-13for"BestUseofMobilityTechnologyin
Banking".ShriS R Bansal, Chairman & Managing Director of the Bank received the award
at the functionheld at Mumbai on 27 January 2014. For its impressive lending to SME
sector, the Bank hasbeenawardedan"SKOCHACHIEVERSAWARD"by
SKOCH,Delhi,on22March2014.Corporation Bank completed hundred and ten years of
existence on 12 March 2015. Onthe occasion of 107th Foundation Day celebrations held
at TMA Pai Hall in Mangalore, fiveeminent personalities who made immense
contributions to the society were honoured by thebank. As on 30th September 2017, the
Total Business of the Bank was Rs.3,29,300crore. TheTotal Deposit stood at
Rs.2,01,488crore and the Total Advances were at Rs.1,27,812 crore.The Networth rose to
Rs.11,737crore. On 2 December 2017, Corporation Bank launched itsRuPay Select and
RuPay Platinum credit cards. RuPay credit cards are accepted at all RuPay-enabled 1.5
million-plus PoS terminals and 80,000-plus e-commerce merchants in India andallICS
Partner acceptancepoints(POS, e-commercemerchants)globally.

HDFCBankLimited(Housing DevelopmentFinance
Corporation)isanIndian banking and financial services company headquartered in
Mumbai, Maharashtra. In1994 HDFC Bank was incorporated, with its registered office in
Mumbai, India. HDFC Bankmerged with Times Bank in February 2000. This was the first
merger of two private banks
intheNewGenerationprivatesectorbankscategory.Duringtheyear2010-
11theBankexpandedtheir distribution network from 1725 branches in 779 cities to 1986
branches in 996 Indiancities. The Bank's ATMs increased from 4232 to 5471 Nos. In the
year 2014 HDFC Banklunched the missed call banking service allowing customers to use
banking services withouthaving to visit the Bank or connect online. On 16 June 2015
HDFC Bank launched the 10-second personal loan approval service thereby becoming the
first in the retail lending space
tofullyautomatetheprocessofloanapprovalanddisbursement.In2016HDFCBankintroducedl
oans at ATMs as the country's first innovation to turn ATMs into Loan Dispensing
Machines(LDMs)furtherextendingthefunctionalityoftheBank'sATMs.HDFCBankisIndia’sl
argestprivate sector lender by assets. It is the largest bank in India by market capitalization
as ofFebruary 2016. It was ranked 69th in 2016 BrandZ Top 100 Most Valuable Global
Brands.The bank also installed 4.30 LacsPOS terminals and issued 235.7 Lacs debit cards
and 85.4Lacs credit card in FY 2017. In 2017, HDFC Bank allots 1793900 equity shares-
HDFC Banklaunches student card-HDFC Bank launches SmartUp zone to cater startups.-
HDFC Bankallots 3909200 equity shares.-Sa-Dhan, HSBC Bank ink pact to create digital
eco for MFIs.-HDFC Bank surpasses TCS to become 2nd most valued company-HDFC
Bank launchesSmartUp Zone in Hyderabad.It has 88,253 permanent employees as of 31
March 2018
andhasapresenceinBahrain,HongKongandDubai.AsofOctober9,2018,thebank'sdistribution
snetworkwasat4,805branchesand12,260ATM’sacross2,657citiesandtowns.

ICICI Bank Limited (Industrial Credit and Investment Corporation of India)

isan Indian multinational banking and financial services company headquartered in
Mumbai,Maharashtra with its registered office in Vadodara,Gujarat. The bank was
founded as theIndustrial Credit and Investment Corporation of India Bank, before it
changed its name to theabbreviated ICICI Bank. ICICI Bank launched internet banking
operations in 1998. In 2008,Reserve Bank of India issued a clarification on the financial
strength of ICICI Bank to dispelthe rumours. On 15 March 2013, ICICI Bank suspended
18 employees, pending inquiry. On11 April 2013 Deputy Governor of RBI, H R Khan
reportedly told that the central bank isinitiating action against ICICI Bank in connection
with allegations of money laundering. On14 January 2016 ICICI Bank announced that it
crossed the milestone of disbursing mortgageloans of over Rs 1 lakh crore a first among
private sector banks in the country. On 2
January2017ICICIBankannouncedareductionof0.7%inmarginalcostoffundsbasedlendingra
tes(MCLR) with effect from 3 January 2017. On 15 May 2017 ICICI Bank announced
reductionof interest rates by upto 30 basis points for home loans uptoRs 30 lakh in its bid
to boostaffordable housing in the country. On 5 June 2017 the Board of Directors of ICICI
Bankapproved the sale of a part of its shareholding in ICICI Lombard General Insurance
CompanyinaninitialpublicofferingbyICICILombardGeneralInsuranceCompanysubjecttore
quisiteapprovalsandmarketconditionsOn15December2017ICICIBankannouncedthatitissell
ing
6.44 crore shares of its subsidiary company ICICI Securities through IPO of ICICI
Securities.On7December2017ICICIBankthroughitsDubaibranchpricedanissuanceof10year
fixedratenotesforanaggregateprincipalamountofUS$500million.Thenotescarryacouponof3.
8%andwereofferedatanissuepriceof99.728.Asof2018,ICICIBankisthesecondlargestbankin
Indiaintermsof assetsandmarketcapitalisation.Thebankcurrentlyhasanetworkof4867
branches and 14367 ATMs across India and has a presence in 17 countries includingIndia.
ICICIBankisoneoftheBigFourbanksofIndia. InJanuary2019,basedonareportbyJustice
Srikrishna, the bank board decided to ‘Termination for Cause’ for the former MD
&CEO.Italsobecomesoneofthefirstinthecountrytoaskforclawbackofbonusesandbenefits.
 Yes Bank Limited is India's fourth largest private sector bank, founded by
RanaKapoorandAshokKapurin2004.Itprimarilyoperatesasacorporatebank,withretailbankin
gand asset management as subsidiary functions. Yes bank limited derives most of its
revenuesthrougharrangingsyndicatedloansandthroughcorporatebanking.Itoperatesasthreee
ntities
- Yes Bank, Yes Capital and Yes asset management services. It has also both taken as well
asgiven short term loans to a number of retail and corporate banks in Taiwan, Japan, USA
andEurope. It has a strategic partnership with the US government based OPIC and with
WellsFargo. In September 2016, Yes bank scrapped its proposed $1bn share sale due to
marketconditions.Thecompanysubsequentlyattemptedtorelaunchitsfailedcapitalraisingexer
ciseafterappointinganewsetofbankers.On3November2017,YesBanksigneda
MoUwiththegovernment to provide Rs 1,000 crore financing for food processing projects.
Subsequent tothedemonetizationinIndia,Yesbanktriedforayingintoe-
walletswith"BHIMYESPAY"incollaboration with India Stack APIs and National Payment
Corporation of India (NPCI) On 1February 2018, Yes Bank Signs MoU with Assam
Rifles for offering banking solutions todefense personnel. As of September 2018, Yes
bank had taken syndicated loans from
eightlargeinternationalentitiesincludingADB,OPIC,Europeaninvestmentbank,banksinTaiw
anand Japan for amounts ranging from US$ 30 Millon to US$ 410 Millon, which it in turn
lendstosmall and medium scale enterprises as wellas largecorporates.

KotakMahindraBankisanIndianprivatesectorbankheadquarteredinMumbai,
Maharashtra,India.InFebruary2003,ReserveBankofIndia(RBI)issuedthelicencetoKotakMa
hindra Finance Ltd., the group's flagship company, to carry on banking business. On
25November 2014 Kotak Mahindra Bank announced its plan to foray into general
insurancebusiness. Shareholders of Kotak Mahindra Bank at an Extraordinary General
Meeting held on7 January 2015 approved a scheme of amalgamation of ING Vysya Bank
Ltd. with
KotakMahindraBankLtdwithashareexchangeratioof725equitysharesofKotakMahindraBan
kLtd.forevery1000equitysharesofINGVysyaBankLtd.In2015,KotakBankacquiredINGVys
yaBankinadealvaluedat₹15,000crore.Withthemerger,totalemploymentjumpedtoalmost40,
000,andthecountofbranchesreached1261.INGVysyaBankLtdwasmergedwithKotak
Mahindra Bank with effect from 1 April 2015. On 11 November 2016 Kotak
MahindraBankannouncedthatithasreceivedReserveBankofIndia'sapprovaltosetupitsfirstov
erseasbranchinDubaiInternationalFinancialCentre(DIFC)Dubai.TheBoardofDirectorsofKo
takMahindra Bank (Kotak) at its meeting held on 30 March 2017 accorded its approval for
freshissue of up to 6.2 crore equity shares to augment the bank's capital base. After the
completionof the transaction Kotak Mahindra Group will hold 100% of the equity
shareholding of KotakLife. Kotak Mahindra Bank has a network of 1,369 branches across
689 locations and 2,163ATMs in the country (as of 31 March 2017). In 2018, it is the
second largest private bank inIndiaby
marketcapitalizationafterHDFCBank.Afterthemerger,INGGroup,whichcontrolled ING
Vysya Bank, owned a 7% share in Kotak Mahindra Bank. Shares of KotakMahindra Bank
fell nearly 5 percent in the morning trade on 22 February 2019 following aseriesof bulk
deals on the stock exchanges.
Federal Bank is a leading Private Sector. The bank name was named
FederalBank Limited on 2 December 1949, after completing the formalities of Banking
RegulationAct, 1949. Federal Bank crossed Rs 1 lakh crore of total business at the end of
financial year2012-13. In December 2015 Federal Bank introduced Missed call-based
banking services forMobileRecharge.InJanuary2016FederalBankintroducedMissedcall-
basedbankingservicesforFundtransfer.On15November2016FederalBankannouncedthatRB
Ihasgivenits approval to the bank to open a representative office in Manama Bahrain and
also to open abranch in DIFC Dubai UAE. On 8 November 2017 Federal Bank announced
that the ReserveBank of India has given its approval to the bank for opening
representative offices at Kuwaitand Singapore. Earlier on 22 February 2018 the Board of
Directors of the bank approvedacquisitionofasignificantminoritystakeofup
to26%ofECPLafinancialservices
companysubjecttostatutoryandregulatoryapprovalsandsatisfactorycompletionoffinancialan
dlegalduediligence.ThetotalbusinessofthebankcrossedthemilestonefigureofRs2lakhcrorein
Q4 March 2018. The bank also delivered its highest operating profit of Rs 589 crore in
Q4March 2018.On 11 May 2018 Federal Bank informed the stock exchanges that the
ReserveBank of India accorded approval to the bank for acquisition of up to 19.90% of
the
equitycapitalofEquirusCapitalPrivateLimited(ECPL)asagainstapprovaloftheBoardofDirect
orsof the bank for acquisition of a significant minority stake of up to 26% of ECPL. On 12
June2018FederalBankandEquirusCapitalPrivateLimited(ECPL)enteredintodefinitiveagree
ments for investment by the bank upto 19.89% in the equity share capital of
EquirusCapitalPrivateLimited.
RBL/
RatnakarBankLimitedisascheduledcommercialbank,headquarteredin the Mumbai region
of Maharashtra, India. Founded in August 1943. It was incorporated inKolhapur district
on 14 June 1943 as Ratnakar Bank Limited. In 1970, it received a bankinglicense from the
Reserve Bank of India (RBI). In August 2014 the name of the bank waschanged to RBL
Bank Limited. In the 2010s, RBL Bank has reportedly raised Rs 4,000 Cr,from investors.
The Bank raised Rs. 700 Cr in 2011, Rs 376 Cr. in 2013, Rs. 328 Cr. in 2014and Rs.488
Cr in 2016. In September 2016, RBL Bank raised Rs 330 Crores from the UK-based
development finance institution, CDC Group Plc(CDC), through Basel III compliantTier
II capital. In July 2017, RBL Bank got the board approval to raise Rs 1680 Cr. The
nameofthebankwaschangedfromRatnakarBanktoitspresentnameRBLBankpursuanttoafresh
certificate of incorporation issued by the RoC on 24 November 2014. In August 2016
RBLBank'smaideninitialpublicissuewasoversubscribed70times.On7October2016RBLBan
kNeoGrowth Credit Pvt. Ltd and Overseas Private Investment Corporation (OPIC) the
USGovernment'sdevelopmentfinanceInstitutionjointlycommittedtoprovidefinancingforsm
allandmediumenterprises(SMEs)intheIndianretailspace.Thisfinancingwillbebackedbya
$5 million loan guarantee from OPIC. On 28 November 2016 RBL Bank and Bajaj
FinanceLtd one of the most diversified NBFCs in India jointly announced a partnership to
launch aseriesofco-brandedcreditcardsfortheIndiancustomers.Theseco-
brandedCreditCardswillbe available for both existing as well as new customers of Bajaj
Finance Ltd. On 14 August2017 RBL Bank announced that it has successfully completed
the capital infusion of Rs 1680crore from a set of marquee investors. The bank has issued
3.26 crore equity shares onpreferentialbasis at apriceof Rs 515 per share.

CityUnionBankLimitedisanIndianbank.TheKumbakonamBankLimited,as
it was at first called, was incorporated as a limited company on 31 October 1904. The
firstbranch of the bank was opened at Mannargudion 24 January 1930. The bank was
included inthe Second Schedule of Reserve Bank of India Act, 1934, on 22 March 1945.
It celebrated itsGolden Jubilee on 14 November 1954. In April 1965, two other local
banks, viz. "The
CityForwardBankLimited"and"TheUnionBankLimited"wereamalgamatedwiththebankund
eraschemeofamalgamationwiththeresultantadditionofsixmorebranches.Consequently,theba
nk'snamewaschangedto'KumbakonamCityUnionBankLimited'.Intunewiththenationalimag
e attached to the bank, the bank's name was changed to "City Union Bank Limited"
witheffect from December 1987. In 2012 the bank came out with a rights issue of equity
shares
intheratioof1:4torewardtheexistingshareholdersandemployeesunderEmployeeReservation
Scheme. In 2014 City Union Bank raised Rs 350 crore in equity capital through QIP
route.India's first banking robot named Lakshmi was launched by City Union Bank in
November2016. In the FY 2016-17 The Bank has a market capitalization of ₹12,529.92
crore and it has550 branches and widened its ATMs reach to 1486 locations. The bank
said that during itsreconciliation process on 7 February 2018 it was found that three
fraudulent transactions wereinitiated by the cyber criminals gaining access into the bank's
system illegally. The bankimmediately alerted the Correspondent banks to recall the
funds. With its tight reconciliationsystems the bank could catch the cyber-attack in three
attempts. The bank said its SWIFTpaymentsystem is backto normal afterensuringadequate
enhancedsecurityin place.
KarurVysya Bank is an Indian old private-sector bank and is one of
theleadingbanksinIndia,headquarteredinKarurinTamilNadu.'TheKarurVysyaBankLimited',
popularly known as KVB was set up on 25 July 1916. In 2011, KVB has been recognized
as"The Best Small Bank" and "The Fastest Growing Small Bank" business World in
theirevaluation of the Best Banks of 2011. In 2012, KarurVysya Bank Ltd has opening the
501stbranch. KVB has been ranked as the Best Private Sector Bank at the Bloombergand
UTVFinancial Leadership Awards, 2012. In 2013, KarurVysya Bank has opened the
branch
onDecember30,2013.KarurVysyaBankhaslauncheditsfirstultrasmallbranchatBalarajapura
m village in Karur district. 2014. KarurVysya Bank in association with BajajAllianz
General Insurance Company propose to launch the Co Branded Health Card formallyon
January 03, 2014 at the Banks Central Office, Karur. It introduced a number of
initiativesin FY16 like reloadable cards, kisan credit cards, automatic passbook kiosk, e-
book, etc.
ThelatestbeingintroductionoffasttagandUPIbasedpaymentsystem.In2015KarurVysyaBank
Ltd. is opening of Branch at Kilpauk. 2016-Karur Vysya Bank Ltd is opening the
followingbranch at Besant Nagar. KarurVysya Bank Ltd. has informed that the Bank is
opening
theBranchesat1.Chimakurthy(Mandal),PrakasamDistrict,2.Gujjanagundla,3.Coimbatore.In
2017, KarurVysya Bank Ltd. is opening branch at Naidupeta. KarurVysya Bank launches
3technology services.-KarurVysya Bank Ltd. has opened its new Branch at Konalur.-
KarurVysyaBankLtd.hasopeneditsnewBranchatAlathur.In2017,KarurVysyaBankinaugurat
esAADHAARenrolmentcentre.Totalbusinessvolumeis1,00,000+croreasofDecember2017.
Thebankhadaddedmorebranchesand10ATMsduringtheyearthusbringingthetotalto798branc
hesand1,780+ATMsason1July2018.Ithas788branchesandnetworkof1803ATM'sand around
538 cash deposit machines as on 12 August 2018. KVB has recorded a
TotalBusinessofRs1lakhcrorewithdepositsofRs.56000croresandadvancesofRs.45000crores
.