| Krishna Bhima Samruddhi Local Area Bank Ltd | | Print | |
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Krishna Bhima Samruddhi Local Area Bank Limited (Samruddhi Bank) was incorporated in 1999 and was granted license by Reserve Bank of India, the bank regulator in India, to carry on banking business as a local area bank in the districts of Mahboobnagar in Andhra Pradesh State and Raichur and Gulbarga districts in Karnataka state. Samruddhi Bank is presently owned entirely by Bhartiya Samruddhi Investments and Consulting Services Ltd. (BASICS Ltd) which has invested Rs. 50 million in the bank. The Bank started operations in February, 2001.
Board of Directors: Dr. Shamika Ravi has completed her Ph.D. Economics from New York University. She is currently working with Indian School of Business as Assistant Professor of Economics and Public Policy. She is member of Technical Advisory Group, UNICEF, Institutional Review Board, IFMR, Chennai and Fellow, Microfinance Management Institute Washington DC. She has written a book on “Risk Management in Agriculture” for Academic Foundation 2004, commissioned by Government of India, and Ministry of Agriculture. Published research articles in ‘Microfinance’ and Development finance. Written extensively on Risk & Insurance, Credit contracts and Health Insurance to low income households in India.
Close Dr Ved Prakash Gulati is a Post-Graduate in Mathematics (1974) and has done his Post Graduate Diploma in Numerical Analysis & Automated Computing (1975) from Indian Institute of Technology, Delhi. He completed his Ph.D. from Indian Institute of Technology, Kanpur, 1982. He has a career spanning over two decades of intensive Academics, Research, Institution Building and Administrative Activities, resulting in quality professional output in Technology, Management, Administration and Consulting, especially in leveraging IT for excellence in the domains of Corporate Management, Public Sector Management and Banking& Financial Services. He is currently working with Tata Consultancy Services (TCS), Hyderabad as Vice President, Financial Technology Centre.• He was the Director for RBI established Institute for Development and Research in Banking Technology (IDRBT). He was a Professor at National Institute of Bank Management (NIBM), Pune, and at Institute of Rural Management (IRMA).
Close Mr. P. Balaram Menon has completed his MA in Economics. Presently he is engaged as a Consultant and Managing Director, World Trade Center at Bangalore. Joined as an Officer in State Bank of India in the year 1974, he had over 35 years of experience in banking, and held various positions directly responsible for SSI and Small business lending and well versed with wide range of banking activities. His core specialization has been SSI and other Priority sectors both in the field level and in control functions at the headquarters.
Close Mr. Vijay Nadkarni Managing Director, is a professional banker, with more than 28 years experience in banking at various levels. He has completed his M.com from the University of Mumbai (1978). Worked with State Bank of India for over 27 years in various capacities covering diverse areas such as Agricultural Banking, Small Scale Industries Finance, International Banking business, Banking Technology etc. He was Asst. General Manager at the bank controlling a region of branches in Ahmednagar district in Maharashtra and heading a cell for processing of retail & SME advances. Worked with C-Edge Technologies Ltd, a joint venture of SBI & Tata Consultancy Services Ltd for providing banking technology to small banks and co-operative banks. Mr. Nadkarni was associated with many voluntary organizations and volunteered for various organizations throughout the career. Worked as Deputy Director for Credibility Alliance, a consortium of voluntary organizations working for promoting the credibility of the voluntary sector.
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Dr. Shamika Ravi has completed her Ph.D. Economics from New York University. She is currently working with Indian School of Business as Assistant Professor of Economics and Public Policy. She is member of Technical Advisory Group, UNICEF, Institutional Review Board, IFMR, Chennai and Fellow, Microfinance Management Institute Washington DC. She has written a book on “Risk Management in Agriculture” for Academic Foundation 2004, commissioned by Government of India, and Ministry of Agriculture. Published research articles in ‘Microfinance’ and Development finance. Written extensively on Risk & Insurance, Credit contracts and Health Insurance to low income households in India.
Dr Ved Prakash Gulati is a Post-Graduate in Mathematics (1974) and has done his Post Graduate Diploma in Numerical Analysis & Automated Computing (1975) from Indian Institute of Technology, Delhi. He completed his Ph.D. from Indian Institute of Technology, Kanpur, 1982. He has a career spanning over two decades of intensive Academics, Research, Institution Building and Administrative Activities, resulting in quality professional output in Technology, Management, Administration and Consulting, especially in leveraging IT for excellence in the domains of Corporate Management, Public Sector Management and Banking& Financial Services. He is currently working with Tata Consultancy Services (TCS), Hyderabad as Vice President, Financial Technology Centre.• He was the Director for RBI established Institute for Development and Research in Banking Technology (IDRBT). He was a Professor at National Institute of Bank Management (NIBM), Pune, and at Institute of Rural Management (IRMA).
Mr. P. Balaram Menon has completed his MA in Economics. Presently he is engaged as a Consultant and Managing Director, World Trade Center at Bangalore. Joined as an Officer in State Bank of India in the year 1974, he had over 35 years of experience in banking, and held various positions directly responsible for SSI and Small business lending and well versed with wide range of banking activities. His core specialization has been SSI and other Priority sectors both in the field level and in control functions at the headquarters.
Mr. Vijay Nadkarni Managing Director, is a professional banker, with more than 28 years experience in banking at various levels. He has completed his M.com from the University of Mumbai (1978). Worked with State Bank of India for over 27 years in various capacities covering diverse areas such as Agricultural Banking, Small Scale Industries Finance, International Banking business, Banking Technology etc. He was Asst. General Manager at the bank controlling a region of branches in Ahmednagar district in Maharashtra and heading a cell for processing of retail & SME advances. Worked with C-Edge Technologies Ltd, a joint venture of SBI & Tata Consultancy Services Ltd for providing banking technology to small banks and co-operative banks. Mr. Nadkarni was associated with many voluntary organizations and volunteered for various organizations throughout the career. Worked as Deputy Director for Credibility Alliance, a consortium of voluntary organizations working for promoting the credibility of the voluntary sector.