Which private bank was earlier known as The Kumbakonam Bank Limited?

a. Tamilnad Mercantile Bank

b. Federal Bank

c. South Indian Bank

d. City Union Bank

ANSWER: City Union Bank

Explanation:

City Union Bank

The Kumbakonam Bank Limited, as it was at first called, was incorporated as a limited company on 31st October 1904.

The bank initially preferred the role of a regional bank in the Thanjavur District Tamil Nadu.

In December 2006, Larsen & Toubro bought 10% of the bank.

The bank celebrated its 110th years of service on 31st October 2014.

CUB - City Union Bank

Founded : 1904

Headquarter : Kumbakonam, Tamil Nadu, India

Current Head : Dr. N. Kamakodi (MD & CEO)