About the Bank

State Bank of Travancore (SBT) was originally established as Travancore Bank Ltd. in 1945 sponsored by the erstwhile princely state of Travancore. Under a special statute of the Indian Parliament (SBI subsidiary Banks Act 1959) it was made an Associate of the State Bank of India and a member of the State Bank Group, the largest banking group in India.

Registered. office/Head Office at: Poojapura, Trivandrum 695 012, Kerala state, India 

 

 

The begining

1945

 

New Head office building

2010

 

Journey Through the decades 

 

                                                                                                        Rs. in crore unless otherwise specified

 

 December  1960

 December  1970

 December 1980

 March 1990

 March 2000

 March 2010

1.  Paid up Capital & Reserves

1.31

1.54

2.88

35.56

433.67

2840.58

2.  Deposits

8.27

56.79

423.11

2030.47

10182.60

50883.38

3.  Advances

4.10

45.56

252.58

1198.42

5131.21

38461.26

4.  Gross Investment

3.45

14.83

107.16

647.80

4874.66

16060.35

5.  Priority Sector Lendings

            . .

10.31

92.32

565.25

1705.26

14503.89

6.  Export Finance

            . .

0.98

8.27

69.76

440.16

956.02

7.  Net Profit

0.13

0.08

0.25

3.90

66.44

684.27

8.  No. of Branches

28

182

452

608

667

748

9.  Number of Employees

431

3158

7567

12063

12953

12192

 

 

    Highlights

  •   More than 65 years of dedicated service
  •   History of uninterrupted profits and Dividend payments
  •   80% interim dividend to shareholders in 2010-11

o             Network of  791 branches and 811 ATMs spanning 14 states and two Union Territories of  the country

o           Using World class technology through the implementation of 100% Core Banking   Solution 

  •   Premier bank in Kerala state with 620 branches 
  •   The Largest ATM Network in Home State
  •   Member of the Largest ATM network in the country with more than 24000 ATMs

o             Online Share Trading facility “eZ-Trade” gives 3-in-1 advantage with Savings Bank, Demat Account and Trading Account facilities

o             The Bank also provides other financial products like Life Insurance [in tie-up with SBI Life], Mutual Fund Investments in tie-up with five Mutual Funds and General and Accident Insurance in tie-up with United India Insurance Co Ltd

  •   Internet Banking, E-Payments, Utility Bill Payments, Fee payments, E-Commerce etc

Four Rural Self-Employment Training Institutes have been started by our bank in Wayanad, Pathanamthitta, Alappuzha, and Kottayam for providing skill up gradation training to the rural youth with focus on BPL category

 

Social Responsibility      

  • 576 Social circles provide selfless community service
  • Free Medical Camps, Rehabilitation Programs, distribution of free wheel chairs
  • Programs for improving the facilities of orphanages, care homes, geriatric centres
  • Programs for the benefit of the student community
  • Eco-friendly smoke - free offices

 

 

...Social Banking

Being a public sector bank, we are committed to the policies of the Government for social development. We offer credit to the Priority Sectors and also the special schemes announced by the Government.

 

 

PRIORITY SECTOR LENDING

The Bank is alive to its developmental role and actively participates in meeting need-based requirements of Agriculture and MSME business. It has consistently met the benchmarks for priority sector advances stipulated by the Government from time to time.

 

MICRO, SMALL AND MEDIUM ENTERPRISES

The Bank attaches priority to this vital sector and encourages technocrats and women entrepreneurs. Bank’s Technical Consultancy Cell assists the small units in evaluation of techno-economic feasibility of their projects. Bank has setup exclusive Small and Medium Enterprises Branches for this sector.

The Bank was conferred the Special Award for Excellence in MSE Lending for the year 2009-10 by the Ministry of Micro, Small and Medium Enterprises. This is the fifth time in last seven years the bank has secured such award.

 

AGRICULTURE

The Bank caters to the needs of farmers through its rural and semi-urban branches. We have identified Agriculture intensive branches dedicated to agricultural advances. The Bank also encourages allied activities such as dairy, poultry, piggery, fishery, horticulture, etc., Schemes like Kamadhenu for rearing of Calves and Heifers, Ksheerasamrudhi for dairy farming, Rabbit Plus for Rabbit rearing and Matsya Plus for Fish farming has been introduced. Farm mechanisation and Agro based industries are given due attention too. We have also introduced Kisan Credit Card Scheme, for the farmers to purchase agricultural inputs and meet other productive needs. Bank also has launched 'Annapoorna Scheme' to extend assistance to tenant farmers who are holding only leasehold rights over the land in which they cultivate. Large areas of fallow lands are being brought under cultivation under this Scheme.

 

FINANCIAL INCLUSION

The Bank spearheaded financial inclusion initiative in the state of Kerala. 100% financial inclusion was achieved in the state of Kerala in 2007.

43 unbanked/under-banked villages have been allocated to our Bank for providing banking facilities. (29 in Kerala and 14 in Tamilnadu). Kudumbashree mission of the Government of Kerala has been engaged as our Banking Correspondent for providing banking facilities in the state of Kerala. 

'Janapriya Savings Account' - a special savings bank account, without any restriction of minimum balance, was launched aiming at financial inclusion. The Bank has more than 11 Lacs No Frills accounts opened as part of the financial inclusion plan.

 

NRI SERVICES

·            Preferred Bank of choice for NRIs

·            Having Highest amount of NRI Deposits in the state of Kerala

·            Rupee Drawing Arrangements with 28 Exchange Companies and one bank.

·            Money Trans - provides faster and speedy remittance facility from  exchange    companies

·            The Bank has correspondent banking arrangements with 20 Banks worldwide

·            SMS Alert facility for customers in Gulf Countries

·            Centralised NRE Savings Bank Account Opening is being done at LCPC (Liabilities Central Processing centre) Trivandrum

·            NRI Helpdesk for resolving problems faced and attending complaints of NRIs