ltd. type private company bse industry banking loan capital markets and allied industries founded 1943 headquarters clock tower udaipur india key people g. padmanabhan md & ceo products loans savings investment vehicles etc. revenue 15 073.344 million us 220 million year ended march 2009 net income 1 177.119 million us 17 million march 2009 website http www.bankofrajasthan.com the bank of rajasthan ltd hindi bse 500019 was a private sector bank of india which merged with icici bank in 2010 . contents 1 history 2 merger with icici bank 3 references 4 external links history edit it was set up at udaipur in 1943 with an initial capital of rs .10.00 lacs . an eminent industrialist late seth shri govind ram seksaria was the founder chairman and late shri dwarka prasad gupta was the first general manager . it was classified as the scheduled bank in 1948 . the bank also established a rural gramin bank mewar anchlik gramin bank in ahmedabad district in gujarat on 26 january 1983 . the bank s central office is located at jaipur although its registered office is in udaipur . presently the bank has 463 branches 1 2 in 24 states with 294 of the branches being in rajasthan . merger with icici bank edit rbi was critical of bor s promoters not reducing their holdings in the company . bor has been merged with icici bank . icici paid rs .30 billion for it . each 118 shares of bor will be converted into 25 shares of icici bank . 3 4 5 dated 12 oct 1998 references edit the bank of rajasthan ltd. together we prosper bank of rajasthan bank of rajasthan india bank of rajasthan ltd bor to be merged with icici . the times of india . 18 may 2010 . retrieved 2010 08 20 . bank of rajasthan to merge with icici . the times of india . 23 may 2010 . retrieved 2010 08 20 . icici bor merger deal valued at rs 3041 crore . the times of india . 24 may 2010 . retrieved 2010 08 20 . external links edit history official website v t e banking in india reserve bank reserve bank of india public sector 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prepaid payment instruments in india this article about an indian company is a stub . you can help wikipedia by expanding it . v t e this asian bank 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 bank of rajasthan & oldid 733843372 categories banks of indiaeconomy of rajasthanbanks established in 1943companies based in rajasthandefunct banks of indiaorganisations based in udaipurindian company stubsasian bank stubshidden categories use british english from march 2013use dmy dates from march 2013pages using infobox company with unsupported parametersarticles containing hindi language textall 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 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