Sir MV, founder, State Bank of Mysore

Indian Banks: The Story of State Bank of Mysore

In 1913, at the instance of Sir Mokshagundam Visvesvaraya, the Engineer Statesman, a state aided Bank, under the patronage of His Highness the Maharaja of Mysore, Sri Krishnaraja Wodeyar IV, was established.This was “Mysore Bank Ltd”. During 1953, “Mysore Bank” was appointed as an agent of Reserve Bank of India to undertake Government business and treasury operations, and in March 1960, it became a subsidiary of the State Bank of India under the State Bank of India (subsidiary Banks) Act 1959.  Now our bank is an Associate Bank under State Bank Group.

Mysore Bank Head Office 1913
Mysore Bank Head Office 1913
Sir MV, founder, State Bank of Mysore
Sir MV, founder, State Bank of Mysore

Tagline: Working for a better tomorrow

Source