financial services investment services founded 1922 headquarters seven oaks building mallital nainital uttarakhand india key people mukesh sharma chairman & ceo products finance and insurance consumer banking corporate banking investment banking investment management private banking parent bank of baroda 1 website www.nainitalbank.co.in the nainital bank limited ntb known as nainital bank 2 hindi is a scheduled commercial bank founded in 1922 . the bank is a subsidiary of bank of baroda the second largest bank in india . the bank has expanded to uttar pradesh and uttarakhand and has over 130 branches in rajasthan delhi and haryana . 1 3 4 it has a total business of more than rs . 8000 5 crore and aims to be ttc ten thousand crore 6 and is listed as a scheduled bank by the reserve bank of india . 7 contents 1 overview 2 branch locations 3 references 4 external links overview edit nainital bank was founded by govind ballabh pant . 8 in 1975 the government owned bank of baroda bob the second largest bank in india acquired a 98.6 % around 99 % stake in the bank and made it a subsidiary . 1 8 in april 2004 national insurance company nic signed an agreement with nainital bank for distribution of its general insurance products through the bank s branches across uttarakhand haryana and new delhi states . 9 the bank had a net worth of around rs 1.12 billion on as on 31 march 2006 . 10 it bank launched its rights issue in september 2009 to expand its capital adequacy ratio car to 14 per cent this came after it previously withdrew its plans for an ipo due to adverse market conditions in 2007 ; by april 2010 the right issue had raised 300 million us 4.5 million . 4 6 nainital bank is associated with bank of baroda hdfc bank lic national insurance company limited etc. 11 currently nbl has 125 branches in uttarakhand uttar pradesh delhi haryana and rajasthan . 8 12 it also provide online facilities apart from personal banking business banking rural and agricultural banking . the nainital bank limited is registered as scheduled commercial bank with reserve bank of india rbi the central bank of india . 7 13 branch locations edit the nainital bank limited has 125 branches presently in the following indian states . 12 uttarakhand uttar pradesh delhi rajasthan haryana references edit a b c domestic subsidiary . bank of baroda . nainital bank . growth potential for bank of baroda is pretty high arihant capital markets . the economic times . 28 may 2010 . retrieved 20 august 2010 . a b nainital bank drops plan for public issue . the economic times . 21 june 2007 . http www.nainitalbank.co.in english financial highlights.aspx . external link in title help a b nainital bank raises rs 30 cr . . business standard . 1 april 2010 . a b rbi private bank indian bank . reserve bank of india . a b c bob to merge its associate bank . the financial express . 25 july 2006 . nic ties up with nainital bank . the hindu . 13 april 2004 . banks struggle with rbi norms . the times of india . 1 october 2006 . about nainital bank in info2india.com . a b branches nbl chip dickson ; oded shenkar 2009 . list of banks in india 2009 . the great deleveraging economic growth and investing strategies for the future . ft press . p. 217 . isbn 0 13 235810 7 . external links edit official website v t e banking in india reserve bank reserve bank of india public sector banks allahabad bank andhra bank bank of baroda bank of india bank of maharashtra bharatiya mahila bank canara bank central bank of india corporation bank dena bank idbi bank indian bank indian overseas bank oriental bank of commerce post bank of india punjab & sind bank punjab national bank state bank of bikaner & jaipur state bank of hyderabad state bank of india state bank of mysore state bank of patiala state bank of travancore syndicate bank uco bank union bank of india united bank of india vijaya bank private sector banks axis bank bandhan bank catholic syrian bank city union bank dcb bank dhanlaxmi bank federal bank hdfc bank icici bank idfc bank indusind bank jammu & kashmir bank karnataka bank karur vysya bank kotak mahindra bank lakshmi vilas bank nainital bank rbl bank ratnakar bank south indian bank tamilnad mercantile bank limited yes bank cooperative banks buldhana urban cosmos bank repco bank saraswat bank shamrao vithal co op . bank tnsc bank rajkot nagrik sahakari bank foreign banks abn amro abu dhabi commercial bank antwerp diamond bank australia and new zealand banking group bank internasional indonesia bank of america bank of bahrain and kuwait bank of ceylon the bank of tokyo mitsubishi ufj barclays citibank india credit suisse deutsche bank hsbc the royal bank of scotland scotiabank standard chartered regional rural banks andhra pragathi grameena bank kerala gramin bank bangiya gramin vikash bank gramin bank of aryavart north malabar gramin bank pallavan grama bank pandyan grama bank paschim banga gramin bank sarva up gramin bank south malabar gramin bank uttar bihar gramin bank vananchal gramin bank list of regional rural banks in uttar pradesh interbank networks bancs cashnet cirrus imps upi mitr nfs plus rupay defunct banks alliance bank of simla arbuthnot & co bank of bombay bank of calcutta bank of chettinad bank of cochin bank of hindostan bank of madras bank of madura bank of rajasthan bank of thanjavur bareilley corporation bank bengal central bank bharat overseas bank centurion bank of punjab chartered bank of india australia and china commercial bank of india dass bank exchange bank of india & africa global trust bank grindlays bank hindustan commercial bank imperial bank of india ing vysya bank lakshmi commercial bank lord krishna bank madhavpura mercantile cooperative bank mercantile bank of india london and china miraj state bank nath bank nedungadi bank new bank of india oriental bank corporation oudh commercial bank palai central bank pandyan bank sikkim bank state bank of indore state bank of saurashtra times bank united industrial bank united western bank related topics banks board bureau banking codes and standards board of india atm usage fees in india de materialisation demat foreign exchange forex indian financial system code ifsc list of banks in india national electronic fund transfer neft national payments corporation of india real time gross settlement rtgs structured financial messaging system sfms prepaid payment instruments in india this article about an organisation in india is a stub . you can help wikipedia by expanding it . v t e this bank and insurance related article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title nainital bank & oldid 741555149 categories banks of indianainitalbanks established in 1954organisations based in uttarakhandbank of barodagovernment bankeconomy of uttarakhandindian organisation stubsbank stubshidden categories cs1 errors external linksuse indian english from july 2016all wikipedia articles written in indian englishuse dmy dates from september 2013all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 28 september 2016 at 06 38 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view