Bank of Rajasthan celebrates its 65th Anniversary

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Mumbai, May 09, 2008: The Bank of Rajasthan Ltd, a technology driven private sector bank, on auspicious day of Akshya Tritiya turned 65 year old on 08th May, 2008. To mark the anniversary bank has organized a Blood Donation camp and has managed to collect 101 bottles of blood from various groups of donors. Bank regularly participates in monthly cleanliness and maintenance drive at SMS Hospital and J.K.Loan Hospital at Jaipur.

Bank of Rajasthan was established at Udaipur, the lake city of Rajasthan on the auspicious day of Akshay Tritya on May 8, 1943 and was included in the 2nd schedule of Reserve Bank of India Act, in 1948. The Bank having touched several milestones in the annals of banking history is marching ahead fast in the present technology driven environment, giving the best of both the personalized and state of art services to its customers.

In recent years, BoR has emerged as one of the fastest growing private sector banks. The business of the bank has grown to over Rs.21000 crore for the financial year ended 31.03.2008 and it has a pan-India presence with 464 branches and 10,500 ATMs across the country. BoR also offers various products and services such as Life and Non-Life Insurance Products, Demat Accounts, Online Trading, Mutual Funds, Payment Gateways, Debit Cards, Credit Cards, No Frill Accounts, Kissan Credit Card, Mortgage Loans, Education Loans, Personal Loans, Business Loans, Stamp Franking, and many more.

About The Bank of Rajasthan Ltd. :

Established way back in 1943, The Bank of Rajasthan Ltd. is one of the fastest growing private banks in the country, which has made strides by making profits constantly during the last some years. With a wide network of 464 branches in the entire length and breadth of the country, The Bank of Rajasthan Ltd. has emerged as one of the largest private sector banks in the country. The bank has made tremendous and historical progress during the last some years, thanks to the unparallel corporate governance and vision shown by the management. The Bank has over two-million customer base and offers ATM facilities at over 10,500 ATMs across the country with strategic tie-up with other banks. All the branches of bank spread over 286 cities across India in 22 states and 2 union territories and all branches offering online services. The bank has covered 125 cities in Rajasthan alone.

Financial Highlights of The Bank of Rajasthan Ltd. :

The bank has recorded its highest ever-net profit for the financial year 2006-07. The net profit of the bank increased significantly by 625.05% aggregating to Rs. 110.57 crores for the year ended March 31, 2007 against Rs. 15.25 crores for the year ended March 31, 2006. The bank has declared 1:4 bonus shares (one equity share for every four equity share) following the FY 06-07 results. The bank has also declared a dividend of 20% for the year 2006-07. For the first nine months, ended on 31.12.2007 of the current fiscal, the bank has reported net profit of Rs. 96.49 crore.

For more details contact:

Mr. Anilkumar Yadav
Prana Public Relations
Tel: 022-2288 4046
Cell: 09869632008
Email: anil@pranapr.com

Mr. P K Agarwal
Bank of Rajasthan Ltd
Tel: 022-30400034
Cell: 09321844404
Email: pkagarwal@rajbank.com


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