Nainital Bank Limited

The Nainital Bank Limited was incorporated in the year 1922 by Bharat Ratan Pt. Govind Ballabh Pant and some other crucial members of Nainital with an aim to cater financial and banking needs of the people in the region. In the year 1973, RBI directed Bank of Baroda, a premier nationalized bank to manage the affairs of the Nainital bank limited. The bank has MD& CEO as Mukesh Sharma. The Bank of Baroda holds 98.57% of shares of Nainital bank Limited remaining shares are held by the public. As of now, the bank has 135 branches, which operates in five states of India- Uttar Pradesh, Haryana, Rajasthan, Delhi, and Uttarakhand.

All the branches of the bank are operating in the core banking solution platform. The bank has implemented RTGS, MS Alerts, NEFT, RuPay ATM cum Debit Card, Mobile Banking facilities, Mobile Banking facilities to its customers. The bank attained a growth of 25.89% and the operating profit of the bank is increased to 31.50% over the previous financial year 2016. The Net NPA stood at 1.25%. Nainital Bank is a customer-centric bank and offers quick and personalized services to the customers in an advanced technological environment.

The bank is associated with the Bank of Baroda, HDFC Bank, LIC, National Insurance Company Limited, etc. The bank offers services like Personal banking, Rural and Agricultural banking, Business banking, and loan like- Apna Aashiyana For Home, Suhana Safar for Vehicle, Naini Shiksha for Education, Loan Against Deposit, Naini Sahyog for Persona, and Naini Utsav for Festival