Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. It serves over 100 million customers with 41,645 employees, 5,814 branches with 4,929 ATMs and Cash deposit machines. Total business of the bank has touched ₹1,094,752 crore (US$140 billion) as on 31 March 2023.
Indian Overseas Bank (IOB) is an Indian public sector bank based in Chennai. It has about 3,220 domestic branches, 2 DBUs about 4 foreign branches and representative office. Founded in February 1937 by M. Ct. M. Chidambaram Chettyar with twin objectives of specialising in foreign exchange business and overseas banking, it has created various milestones in Indian Banking Sector. During the nationalisation, IOB was one of the 14 major banks taken over by the government of India. On 5 December 2021, IOB got Degidhan Award 2020–21 by Ministry of Electronics & Information Technology for achieving second highest percentage of digital payment transaction among public sector banks. As on 31 March 2022, IOB's total business stands at ₹417,960 crore (US$52 billion).
Chettiar is a title used by many traders, weaving, agricultural and land-owning castes in South India, especially in the Indian states of Tamil Nadu, Kerala and Karnataka.
Karur is a city in the Indian state of Tamil Nadu. Karur is the administrative headquarters of Karur district. It is located on the banks of River Amaravathi, Kaveri and Noyyal. Karur is well known for the export of Home Textile products to USA, UK, Australia, Europe and many more countries. It is situated at about 395 kilometers southwest of the state capital Chennai, 75 km from Tiruchirappalli, 120 km away from Coimbatore, 295 km away from Bengaluru and 300 km away from Kochi.
Alagappa Chettiar Government College of Engineering and Technology (ACGCET-Karaikudi) is an autonomous college of engineering in Karaikudi, Tamil Nadu, India. Established in 1952, it is under the control of the government of the State. The college is a member institute under the TEQIP – Technical Education Quality Improvement Programme in India.
Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. It is India's third largest private sector bank by market capitalisation after HDFC Bank and ICICI Bank. As of 31 March 2023, the bank has a national footprint of 1,780 branches and 2,963 ATMs.
Karur District is one of the 38 districts in the Indian state of Tamil Nadu. The main town in Karur District is the city of Karur, which is also the district headquarters. The district has a population of 1,064,493 with a sex-ratio of 1,015 females for every 1,000 males, according to 2011 census.
The economy of South India after independence in 1947 conformed to a socialist framework, with strict governmental control over private sector participation, foreign trade and foreign direct investment (FDI). Through 1960–1990, South Indian economies experienced mixed economic growth. In the 1960s, Kerala achieved above-average economic growth, while Andhra Pradesh's economy declined during this period. Similarly, Kerala experienced an economic decline in the 1970s while the economies of Tamil Nadu, Andhra Pradesh, and Karnataka consistently exceeded national average growth rates after 1970. South India first started to overtake the rest of India economically in the 1980s. Andhra Pradesh, Tamil Nadu and Karnataka were noted by some to be more reform-oriented in terms of economic policy when compared to other Indian states. Over the last decade South India has grown at 8% annually. Future economic growth will be shackled by a relatively low proportion of the active age population to the number of dependents. Today, South India has about 20% of India's population, and contributes about 31% of India's GDP; it is projected to contribute 35% by 2030.
HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and world's fourth largest bank by market capitalisation as of July 2023, following its takeover of parent company HDFC. It is the second largest company by market capitalisation of $172 billion on the Indian stock exchanges. It is also the sixteenth largest employer in India with nearly 1.78 lakh employees.
Tamil Nadu has the second largest state economy in India. It is also the most industrialised state in the country. The state is 48.40% urbanised, accounting for around 9.26% of the urban population in the country, while the state as a whole accounted for 5.96% of India's total population in the 2011 census. Services contributes to 54% to the gross domestic product of the state, followed by manufacturing at 33% and agriculture at 13%.
ICICI Lombard General Insurance Company Limited is a general insurance company in India. It is engaged in general insurance, reinsurance, insurance claims management and investment management. The company has a Gross Written Premium (GWP) of ₹217.71 billion (FY2023). The firm offers policy insurance and renewal through its intermediaries and website. It markets assurance products including Car Insurance, Health Insurance, International Travel Insurance, Overseas Student Travel Insurance, Two Wheeler Insurance, Home Insurance and Weather insurance. ICICI Lombard has 273 branches and 840 virtual offices spread across the nation.
City Union Bank Limited is an Indian private sector bank headquartered in Kumbakonam, Tamil Nadu. The bank was initially named Kumbakonam Bank Limited, and was incorporated on 31 October 1904. The bank preferred the role of a regional bank in the Thanjavur district of Tamil Nadu. In FY2022 the bank had a market capitalization of ₹93.62 billion (US$1.2 billion) and operated 700 branches, and 1762 ATMs.
Pudukkottai was a kingdom and later a princely state in British India, which existed from 1680 until 1948.
Tamilnad Mercantile Bank Limited (TMB) is a bank headquartered at Thoothukudi, Tamil Nadu, India. TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community. For the financial year 2018–2019, the bank reported a net profit of ₹ 2585 million. The bank currently has 509 full branches throughout India, 12 Regional offices and two link offices, two central processing centres, one Service Branch, four Currency Chests, 48 eLobby centres, 262 Cash Recycler Machines and 1151 Automated Teller Machines (ATM). The bank has been expanding its footprint all over India.
Exide Life Insurance Company Limited was an Indian life insurance company. Exide Life Insurance distributed its products through multi-channels viz. Agency, Bancassurance, Corporate Agency & Broking as well as Direct Channels. The Agency channel consisted of over 40,000 advisors who are attached to over 200 company offices across the country. The company had over 15 lakh customers and manages over INR 18,000 crores in assets. It had been operating since 2001 and was headquartered in Bangalore. It dealt with life insurance products, providing long-term protection and savings option.
Murugappa Group is an Indian conglomerate founded in 1900. The Group has 28 businesses including nine companies listed on the NSE and the BSE. Headquartered in Chennai, the major companies of the Group include Carborundum Universal Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., EID Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Limited., Net Access India Ltd and Wendt (India) Ltd.
Lakshmi Vilas Bank was an Indian private sector bank established in 1926 in Karur, Tamil Nadu. As of November 2020, the bank had 566 branches in 19 states and 1 union territory. On 27 November 2020, the bank was merged into the Indian subsidiary of DBS Bank.
The Tamil Nadu State Apex Co-operative Bank, also known as TNSC Bank, is an Indian cooperative banking company headquartered in Chennai. It was incorporated in 1905 as an urban cooperative bank. As of 2015, TNSC Bank had 46 branches in Chennai. TNSC Bank coordinates India's entire short-term cooperative credit structure.
₹5,443.41 crore (US$680 million) (2016) [1] 
