REPCO Bank 49th Foundation Day

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Repco Bank was established on 19th November, 1969 with the primary objective of Rehabilitation of Repatriates from Burma and Srilanka. The Head Office of the Bank is situated at Chennai with branches spread across locations in the Five Southern States and Union Territory of Puducherry. The Board of Directors of the Bank comprises of senior I.A.S. Officials of Govt. of India and four Southern State Governments. The Principal Secretary, Public & Rehabilitation Department, Govt. of Tamilnadu is the Ex-Officio Chairman of the Bank. During the financial year ending 31.03.2017, the total business mix of the Bank stood at Rs. 13515 crore comprising of deposits of Rs.8166 crore , advances of Rs.5349 crore and a profit after tax of Rs.121 crore.
The 49th Foundation Day function of the Bank was held on 19.11.2017 (Sunday) at 3.30 p.m. at Sir P T Thiagarayar Arangam, G.N. Chetty Road, T. Nagar, Chennai-17. Dr. P. Senthil Kumar, I.A.S., Principal Secretary-III to the Hon'ble Chief Minister of Tamilnadu and Principal Secretary to Public & Rehabilitation Department, Govt. of Tamilnadu & Chairman of the Bank was the Chief Guest of the function. Sri.Dinesh Ponraj Oliver, I.A.S., Director of Rehabilitation, Govt. of Tamilnadu , Director of Repco Bank and Repatriate Directors, Sri L. Munishwar Ganesan and Sri P. Mahalingam had participated in the function.

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