Nainital Bank

The Nainital Bank Ltd
Company typeScheduled commercial bank
IndustryBanking
Financial services
Investment services
Founded1922
HeadquartersNainital, Uttarakhand, India
Key people
1. Nikhil Mohan
(MD & CEO) 2. Mahesh Kumar Goyal
(Chief Financial Officer )[1]
ProductsFinance and insurance
Consumer banking
Corporate banking
Investment banking
Investment management
Private banking
RevenueIncrease₹700.09 crore (US$84 million) (2017)[1]
Increase ₹109.78 crore (US$13 million) (2017)[1]
Increase ₹48.46 crore (US$5.8 million) (2017)[1]
Total assetsIncrease₹769.96 crore (US$92 million) (2017)[1]
Number of employees
800[1]
ParentBank of Baroda, Ministry of Finance, Government of India[2]
Websitewww.nainitalbank.co.in

The Nainital Bank Limited (NTB) (known as Nainital Bank)[3] is a scheduled commercial bank founded in 1922. The bank is a subsidiary of Bank of Baroda which is under the ownership of Ministry of Finance of the Government of India. The bank has expanded to Uttar Pradesh and Uttarakhand, and has only 170 branches in Rajasthan, Delhi and Haryana.[2][4][5]

  1. ^ a b c d e f "Balance Sheet 31.03.2017". nainitalbank.co.in (15 March 2018).
  2. ^ a b Cite error: The named reference bob was invoked but never defined (see the help page).
  3. ^ "Nainital Bank".
  4. ^ "Growth potential for Bank of Baroda is pretty high: Arihant Capital Markets". The Economic Times. 28 May 2010. Retrieved 20 August 2010.
  5. ^ Cite error: The named reference etnaini was invoked but never defined (see the help page).