Bank’s Profile :
The Nainital Bank Limited was established in the year 1922 with the objective to
cater banking needs of the people of the region. In the year 1973, Reserve Bank
of India directed Bank of Baroda, a premier nationalized bank, to manage the affairs
of the Nainital Bank Limited.
At Present,The Bank is having 160 branches operating in five states i.e. Uttarakhand,
Uttar Pradesh, Delhi, Haryana and Rajasthan.
All the branches of the Bank are operating in CBS platform. Bank is also providing
RTGS, NEFT, SMS Alerts, RuPay ATM cum Debit Card, NainiNet Internet Banking and
Mobile Banking facilities to its customers.
The total business of the Bank was Rs. 11,797.46 crore as on 31/03/2020 registering
a growth of 7.92% over previous F.Y.
Total Advances of the Bank Stood at Rs 4118.03 Crores as on 31/03/2020 registering
a growth of 12.99% over previous F.Y.
Total Deposit of the Bank Stood at Rs 7679.43 Crores as on 31/03/2020 registering
a growth of 5.40 % over previous F.Y.
CASA Deposit of the Bank Stood at Rs 2521.21 Crores as on 31/03/2020 registering
a growth of 2.50 % over previous F.Y.
CD Ratio of the Bank stood at 53.62% as on 31/03/2020 against 50.02% as on 31/03/2019
NIM stood at 2.72% as on 31/03/2020 against 2.83% as on 31/03/2019
CRAR stood at 12.94% as on 31/03/2020 against 14.85% as on 31/03/2019
The Operating profit of Bank increased to Rs. 112.23 crore registering a growth
of 2.67% over previous F.Y.
The Net NPA stood at 4.89%.
Nainital Bank is a customer centric bank and provides prompt and personalized services
to its customers in latest technological environment.