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100 years of Nainital Bank in 2022

Summary:
Nainital Bank was established in 1922 by Pandit Govind Ballabh Pant. In 1973, the RBI asked Bank of Baroda to manage the Nainital bank.  Bank of Baroda currently owns 98.57% of the bank. Times of India reported on the 100th foundation day and the bank also organised a cricket tournament on the occasion. One hopes the bank atleast releases a coffeetable book and uploads it on the website to figure the interesting history of this lone bank based in the Himalayas. This entry was posted on January 10, 2022 at 7:33 pm and is filed under Indian Economy/Financial Markets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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Nainital Bank was established in 1922 by Pandit Govind Ballabh Pant.

In 1973, the RBI asked Bank of Baroda to manage the Nainital bank.  Bank of Baroda currently owns 98.57% of the bank.

Times of India reported on the 100th foundation day and the bank also organised a cricket tournament on the occasion.

One hopes the bank atleast releases a coffeetable book and uploads it on the website to figure the interesting history of this lone bank based in the Himalayas.

Amol Agrawal
I am currently pursuing my PhD in economics. I have work-ex of nearly 10 years with most of those years spent figuring economic research in Mumbai’s financial sector.

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