The Bank is engaged in the activities of accepting deposits, advances,
treasury and investment management, interenational banking, export
credit, merchant banking, lending to priority sector etc.
2000 - Kali Mohan Bhattacharya has joined Bank of Rajasthan as
managing
director.
- The Bank has tied up with Infosys Technologies for revamping
its
infotech infrastructure, which will allow the bank to fully
computerise 50 branches, besides paving the way for a foray
into
internet banking and other e-commerce services to customers.
-Bank of Rajasthan Ltd plans tie-ups with Bajaj Allianz and Tata AIG
for distributing general insurance and life insurance products
respectively. The board of directors of the bank has recently
approved the bank's entry into insurance distributorship and the
letters of intention (LoIs) were being signed with these two
companies in this regard, said Mr K.M. Bhattacharya.
2002
-Introduces a new scheme called 'gaadi-bangla scheme' to provide loan
to buy house and car.
-Implements a comprehensive IT infrastructure called NetServices
Software, developed by Novell Software Ltd.
-Receives RBI permission to start its new eight branches and three
extension counters.
-Devyani Foods, acquires 14% equity stake in the bank
-Navin Tayal resigns from the Directorship of Bank of Rajasthan.
-Bank of Rajasthan Ltd has informed that RBI has approved the
appointment of Mr Pravin Kumar Tayal as part-time Chairman of the
Bank for a period of 2 years w e f August 10, 2002 on
honorary basis.
-Signs a memorandum of understanding with Bajaj Allianz General
Insurance Company to act as its exclusive corporate agent in
Rajasthan
-Bank of Rajasthan Ltd has informed BSE that members at their AGM of
the Bank passed resolution regarding appointment of 1. Mr Saurabh
Tayal2. Mr Ajay Gupta.
-Signs a MoU with Birla Sun Life Insurance for distributing Insurance
Products.
-Corporation Bank ties up with the bank for sharing the teller
machine networks.
2003
-The Hon'ble High Court, Jaipur has approved the scheme of merger of
Rajasthan Bank Financial Services Ltd into the Bank
-Promoters shifted their shares to their own private corporate
companies.
-NOBO blames the CEO & MD of the bank for illegally purchasing shares
worth Rs.9 cr
for Rs.1.2cr.
-Members approve for the delisting of the company from 3 stock
exchanges
-SEBI bans Mr Pravin Kumar Tayal , Chairman of the bank and two other
directors of KSIL,
Mr Navin K Tayal and Mr Sanjay K Tayal from accessing the capital
market for 2 years.
-UTI enters into ATM sharing venture by joining hands with the bank.
-Bank of Baroda signs MoU with the bank to issue co-branded
international Visa Electron Debit
Card.
-Hon'ble High Court, Jaipur approved the scheme of merger of
Rajasthan Bank Financial Services Ltd into the Bank.
2004
-BoR set up Corp office in Mumbai
-Delists from M.P. Stock Exchange with effect from September 10,
2004.
2005
-Bank of Rajasthan Ltd in a tie-up with Visa International is coming
out with credit card in month's time.
2006
-BoR forges alliance with SBI for ATM sharing
-Bank of Rajasthan Ltd has appointed Shri Vipual Dhirajlal Mehta and
Shri K G Kurian as Directors of the Bank w.e.f. October 27, 2006.
2007
-Bank of Rajasthan Ltd has informed that Shri. Sekhar Bhatnagar and
Shri. A Madhavan have been appointed as Additional Directors on the
Board of the Bank by the Reserve Bank of India w.e.f. September 26,
2007 for a period not exceeding three years.
-The Company has issued Bonus Shares in the Ratio of 1:4.
2008
- Bank of Rajasthan Ltd has informed that the Board of Directors in
its meeting held on January 23, 2008 co-opted Shri. S B Mathur as an
additional Director on the Board of the Bank subject to approval of
Reserve Bank of India.
-The Company has issued Bonus Shares in the Ratio of 1:5.
2009
- Bank of Rajasthan Ltd has appointed Shri M. Ravindra Vikram,
Chartered Accountant, and Shri V. Seshadri, Ex-General Manager, Bank
of Baroda as Additional Directors on the Board of the Bank of
Rajasthan Ltd. for a period of two years with effect from December
14, 2009. |