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)

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