Lord Krishna Bank Ltd.
About Lord Krishna Bank
Instituted in the year 1940 in Kerala, Lord Krishna Bank Ltd. is one of the oldest private banks in India. In the early years the bank witnessed an accelerated expansion in its operations and by 1960s it acquired three commercial banks namely Kerala Union Bank, Thlyya Bank and Josna Bank.
With a set-up of 94 subdivisions and 5 extension units all over India, Lord Krishna Bank has made its mark among one of the fast developing private banks. The bank gives importance to excellent corporate supremacy by redefining and downsizing its business strategies.
Lord Krishna Bank Products and Banking solutionsLord Krishna bank provides excellent banking services and products to its customers spread across the ten states of India, through a channel of 94 subdivisions. In the year 2005, the bank touched an industrial volume of rupees ten thousand crore.
Lord Krishna Bank offer products and services to the retail sector along with big and small sized businesses.
Loans offered by Lord Krishna Bank
- Consumer loan (Sahayata),
- Loan against rent,
- Home loan,
- Trade loan,
- Personal loan,
- Car loan (Vaahan Dhan) and
- Education loan (Vidya Dhan).
Financial Products offered by Lord Krishna Bank
- Infrastructure / tax saving bonds,
- Life insurance,
- Non-life insurance and
- Investments in mutual funds
Lord Krishna Bank Tie-upsIn an endeavor to expand its business activities, Lord Krishna Bank has joined hands with the global leader in consumer fund relocation services – Western Union Financial Services Inc., in the year 2002. The joint venture facilitated Lord Krishna Bank's inward fund transfer from any part of the world.
In the year 2007, the union of Lord Krishna Bank Ltd with Centurion Bank of Punjab was approved by the Reserve Bank of India (RBI). The merger between the two business entities was also approved by the shareholders of both the banks.
The division of exchange ratio was decided at 5:7, which indicates that the shareholders of Centurion Bank will acquire seven shares on every five shares acquired by Lord Krishna Bank.
Future initiativesLord Krishna Bank is leaving no stone unturned to introduce global banking standard to its consumers by initiating interconnectivity among all its subdivisions, providing 24 hrs banking services, online services and tele-banking facilities to them.
After making its mark in south India, Lord Krishna Bank plans to expand its network in other parts of India and establish itself as a top player in Indian banking scenario.
Lord Krishna Bank Branches Address in IndiaDelhi Branch:
Address: A3/11 Janak Puri,
Delhi, Pincode 110058
Phone No: 011 51588025
Kollam Heera Plaza,
First Floor, Main Road,
Kollam - 691001
Phone: (0474) 2742546
6-3-1090 Tsr Towers
Andhra Pradesh 500082
103, Samskruthi Chamber
K H Road, Bengaluru,
Phone: 080 32940126
G1, G2, Arihant Apartment
S V Road, Goregaon (West), Mumbai,
Plot No. 5107, H-2, 2nd Avenue, Anna Nagar,
Phone: 044 32979723
Last Updated on May 5, 2015