The Kumbakonam Bank Limited
Q. Which private bank was earlier known as The Kumbakonam Bank Limited?- Published on 16 Feb 17
a. Tamilnad Mercantile Bank
b. Federal Bank
c. South Indian Bank
d. City Union Bank
ANSWER: City Union Bank
City Union Bank
The Kumbakonam Bank Limited, as it was at first called, was incorporated as a limited company on 31st October 1904.
The bank initially preferred the role of a regional bank in the Thanjavur District Tamil Nadu.
In December 2006, Larsen & Toubro bought 10% of the bank.
The bank celebrated its 110th years of service on 31st October 2014.
CUB - City Union Bank
Founded : 1904
Headquarter : Kumbakonam, Tamil Nadu, India
Current Head : Dr. N. Kamakodi (MD & CEO)