City Union Bank Company Information

Posted @ 10:00 AM on January 30, 2008 by Amit Bhawani

City Union Bank

City Union Bank

Company History
It was on 31st October, 1904 that the bank, ‘The KUMBAKONAM BANK LIMITED.,’ as it was then called was incorporated as a limited company. The first Memorandum of Association was signed by twenty devoted and prominent citizens of Kumbakonam including Sarvashri R. Santhanam Iyer, S. Krishna Iyer, V. Krishnaswami Iyengar and T.S. Raghavachariar. The first Articles of Association provided for an Agent to be in charge of the Bank and Shri T.S. Raghavachariar was the First Agent of the Bank. In 1908, he was succeeded by Shri R. Santhanam Iyer who became the Secretary of the bank under the amended Articles of Association which created the office of a Secretary to be in charge of the Bank’s Management in the place of the Agent. It was during his regime that the Bank attained the position of one of the important financial institutions in Thanjavur District. He was elected year after year to the office of the Secretaryship which he held till his death in 1926. He was succeeded by Shri S. Mahalinga Iyer as Secretary who subsequently became the First full-time Managing Director of the bank in tune with the amendment of Articles in 1929.During his stewardship,the bank made progress and gained popularity. He held the position of Secretary from 1926 to 1929 and that of Managing Director from 1929-1963.The bank in the beginning preferred the role of a regional bank and slowlybut steadily built for itself a place in the Delta District of Thanjavur.The first Branch of the Bank was opened at Mannargudi on 24th January 1930. Thereafter, branches were opened at Nagapatnam, Sannanallur, Ayyampet, Tirukattupalli, Tiruvarur,Manapparai, Mayuram and Porayar within a span of twenty five years.The Bank wasincluded in the Second Schedule of Reserve Bank of India Act of 1934, on 22nd March 1945.

Company Background

Industry Name : Finance - Banks - Private Sector
House Name City Union Bank
Year Of Incorporation 1904

Regd. Office

Address : 149, TSR (Big) Street, N.A.
District : Kumbakonam
State : Tamil Nadu
Pin Code : 612001
Tel. No. : 0435-2432322,0435-2431622
Fax No. : 0435-2431746
Email : co@cityunionbank.com
Internet : http://www.cityunionbank.com
Auditors : Abarna & Ananthan

Registrars
Name : Integrated Enterprises (India) Ltd.
Address : Kences Towers, 2nd Floor, No. 1, Ramakrishna Street, North Usman Road, Chennai (Madras) - 600017, Tamil Nadu
Tel. No. : 28140801, 02, 03
Fax No. : 28142479
Email : Yesbalu@iepindia.com
Internet : www.iepindia.com
BSE: 532210
NSE: CUB

List Of Directors

1 S Balasubramanian Chairman & CEO
2 V Jayaraman Director
3 N Kamakodi Executive Director
4 S Kasinathan Director
5 T S Venkatasubban Director
6 S Bernard Director
7 V R Arunachalam Director
8 P Vaidyanathan Director
9 S Rajaratnam Director
10 K V Raman Director
11 N Kantha Kumar Director
12 K S Raman Director
13 M Mahalingam Director

Location Details

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Bhimavaram
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Bangalore
Bangalore - Karnataka - India
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Ernakulam
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Mumbai - Khar
Mumbai - Maharashtra - India
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Karolbagh
New Delhi - Delhi - India
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Karaikal
Karaikal - Pondicherry - India
Branch Office
International Banking Division Anna Salai
Chennai (Madras) - Tamil Nadu - India
Branch Office
Service Branch
Chennai (Madras) - Tamil Nadu - India
Registered Office
149, TSR (Big) Street
Kumbakonam - 612001
Tamil Nadu - India
Phone : 2432322, 2431622, 2431412
Fax : 2431746
Email : co@cityunionbank.com
Branch Office
Extension Counter DCW Complex
Sahupuram - Tamil Nadu - India

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