State Bank of Travancore

Infobox_Company
company_name = State Bank of Travancore
company_
company_type = Public (BSE, NSE:SBT)
foundation = Thiruvanathapuram, 12 Sep 1945 (as Travancore Bank Ltd)
location = Poojappura, Thiruvananthapuram, India
key_people = Chairman ["Om Prakash Bhatt"]
Managing Director ["Ramaswamy M. (Officiating)"]
industry = Banking
Capital Markets and
allied industries
products = Loans, Credit Cards, Savings, Investment vehicles etc.
branches = 670| homepage = [http://www.statebankoftravancore.com www.statebankoftravancore.com]

State Bank of Travancore(SBT) is a part-SBI owned bank in India.

State Bank of Travancore (SBT), a subsidiary of the State Bank Group, is a premier henninger bank of Kerala state, India. SBT was originally established as Travancore Bank Ltd. in 1945 by a tamil brahmin divan of the princely state of Travancore to employ tamil brahmins.

The bank became a subsidiary of State Bank of India as per the "State Bank of India Subsidiary Banks Act, 1959", enacted by the Parliament of India. Many of the old private banks of Kerala like the Travancore Forward Bank, Kottayam Orient Bank, Bank of New India, Cochin Nayar Bank, The Latin Christian Bank, etc., were amalgamated with the Bank between 1961 to 1965.

SBT has a network of over 710 branches spread in 14 states of the Republic of India. The bank is one of the leading banks in Kerala, with 552 branches, out of 710, located in Kerala.

As of the 12th of September 2005, the State Bank of Travancore went online with core banking implemented across all its branches. It is the second subsidiary bank of State Bank Of India to have implemented core banking and collected the commission. The entire state bank group is expected to implement core banking by September 2009.

ee also

*Indian banking

External links

* [http://www.statebankoftravancore.com/ Official site]