Bank of Rajasthan

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Bank of Rajasthan is India’s major Private Sector Bank that has specific Forex and manufacturing credit sub-divisions. The bank is dedicated to the greatest standard of client contentment through custom-made and professional services.

With its monopoly in Rajasthan, Bank of Rajasthan has a countrywide existence through its branches that incessantly serves its varied clientele with an aim of flourishing with mutual efforts. The bank is actively involved in business banking, Trade Banking, Back- Up services, Global Banking, Primary Sector Banking, Customer Banking, Savings & Wealth Placement facilities, etc.

Bank of Rajasthan aims to become the Ideal Bank controlling expertise and expanding enduring association with clients and develop value for the staff and shareholders.

Products and Services

Below is the list of products and services offered by Bank of Rajasthan Limited:
  • Personal Banking
  • NRI Banking
  • E-Banking
  • Telephone Banking
  • Business Banking
  • Credit Card Facility
  • Foreign Exchange Services
  • Demat Account Services
  • Mobile Banking
  • Mutual Funds
  • Wealth Management Services
  • Bancassurance
  • Online Payments

Landmarks Achieved

Mentioned below are some of the landmarks achieved by Bank of Rajasthan Limited.
  • Inclusion in the Reserve Bank of India’s second plan in 1948
  • RBI Authorization under Section 22 of Banking Regulation Act in 1955
  • Initial bank to introducing banking to common Indian by releasing the idea of mobile subdivisions
  • Opened its foremost mobile division on 5th August, 1960 in Jaipur city.
  • Authorization from RBI to manage international currency in 1973
  • First private bank to be consigned the task of working mutually with State Bank of Jaipur & Bikaner
  • After the initiation of Mewar Anchlik Gramin Bank in Rajasthan on 26th January, 1983, the bank became the first private bank to finance rural banks in the district
  • Certification to function as A category trade banker in 1993
  • Introduction of exchange box of the Bank in 1993
  • 400 Bank branches were opened till the year 2006 at Jaipur, Barmer, Cochin, Jodhpur, Bhilwara, etc.
  • It attained the exclusive division when its division in Jaipur city met the requirements for ISO authorization by DNV U.K in the year 1997.

Clientele of Bank of Rajasthan

Bank of Rajasthan Limited has a varied range of government, corporate and hotel clients that are mentioned as under:

Central and State Government Enterprises
  • Uttar Pradesh Finance Corporation Ltd.
  • Rajasthan State Ganganagar Sugar Mills Ltd.
  • Oriental India Assurance Company Ltd.
  • Rajasthan State Road Transport Corporation
  • Jaipur Development Authority
  • Rajasthan State Bridge Construction Corporation Ltd.
  • United India Insurance Company Ltd
  • Rajasthan Small Industries Corporation Ltd.
  • Konkan Railways
  • Rural Electrification Corporation Ltd
  • National Thermal Power Corporation
  • Rajasthan State Text Book Corporation
  • LIC Ltd.
  • Rajasthan Finance Corporation Ltd.
  • Rajasthan State Mines Development Corporation Ltd.
  • Haryana Finance Corporation
  • Rajasthan Housing Board
Indian Hotels
  • Jai Mahal Palace
  • Ram Bagh Palace
Business Houses
  • Aditya Birla Group
  • UB Group
  • Singhania Group
  • J.K Industries Ltd.
  • C.K Birla Group
  • Escorts Group
  • Sahara India Group
  • Essar Group of Industries
  • Swastic Pipe Ltd.
  • Housing Development Finance Corporation
  • Rochees Group
  • Bajaj Electricals Group
  • BSL Ltd.
Exporters of Precious Stones
  • M/s Allied Gems Corporation
  • Darewala Jewelers
  • M/s Dharam Chand Parash Chand Exports.
  • Gems Co.
  • M/s Flawless Diamonds
  • G.K. Jewelers
  • M/s K.G.K. Enterprises
Educational Organizations
  • St.Xavier's School
  • Board of Secondary Education
  • All India Shri Shivaji Memorial Society
  • University of Rajasthan
  • Mohanlal Sukhadia University
  • St. Anslem's School
  • Rajasthan Agricultural University
  • S.M.S. Medical College & Hospital
  • Mayo College

Financial Performance

Over the last 66 years, the bank has always strived to attain development on constant basis. The financial details of the bank for the year 2009 are as under:
  • Amount of Capital raised by the bank in 2009 was estimated at ` 1613.50 Millions
  • Amount of Investments in 2009 was estimated at ` 151871.46 Millions
  • Amount of Credits in 2009 was estimated at ` 77807.50 Millions
  • Amount of Reserves in 2009 was estimated at ` 8842.41 Millions

Bank of Rajasthan Address and Contact Details

The Bank of Rajasthan Ltd
BORCD,
Central Office
C-3, Sardar Patel Marg C- Scheme,
Jaipur - 302001
Phone: 91-141-3256108
Fax: 91-141-2221649
Email: borcd@rajbank.com

Bank of Rajasthan Informational Data

Name of Bank Bank of Rajasthan
No. of Offices 458
No. of Employees 4075
Business per Employee (in ` Lakh) 532.93
Profit per Employee (in ` Lakh) 2.89
Interest Income (in ` Crore) 1384
Other Income (in ` Crore) 124
Interest Expended (in ` Crore) 998
Operating Expenses (in ` Crore) 315
Return on Assets 0.74
CRAR 11.50
Net NPA Ratio 0.73


Last Updated on 4/23/2015