Nainital Bank - Home Page
  • BANK OPENED ITS 148TH BRANCH AT BHANIYAWALA, DEHRADUN ON 5TH OCTOBER, 2020. MR. DINESH PANT, CHAIRMAN & CEO INAUGURATED SAHASTRADHARA AND BHANIYAWALA BRANCHES.new

  • Bank opened its 146th Branch at Danpur, Rudrapur on 29.09.2020 and 147th Branch at Govindpuram, Ghaziabad on 30.09.2020. Mr. Dinesh Pant, Chairman & CEO of the Bank inaugurated both the branches.new

  • 98th Annual General Meeting of Nainital Bank held on 10th September,2020 through VC at Bank's Head Office, Nainital.new

  • Bank paid tribute to its founder father Bharat Ratna Pt. Govind Ballabh Pant on his 133rd birth anniversary on 10th September,2020.new

  • Notice for shareholders new

  • Bank celebrated its 99th Foundation day with great fervour and enthusiasm by organizing simple events and remembering and paying tribute to its founder fathers including Bharat Ratna Pt. Govind Ballabh Pant.new

  • Bank has opened its 145th branch at Jail Road Crossing, Haldwani on the auspicious day of Bank's 99th Foundation day. Our hon'ble Chairman & CEO Sh. Dinesh Pant inaugurated the branch.new

  • To fulfill its CSR responsibilities Bank adopted Himalayan black bear, Red Panda, Goral, Kaliji Pheasant and love bird for one year at G.B.O\Pant High Altitude Zoo at Nainital alongwith tree plantation activity on ceremonial occasion of Bank's 99th Foundation Day.new

  • IN VIEW OF COVID-19 CRISIS 'EMERGENCY CREDIT LINE GUARANTEE SCHEME' IS AVAILABLE IN OUR BANK FOR MEETING THE ADDITIONAL TERM LOAN/WORKING CAPITAL FACILITY UPTO 20% OF TOTAL OUTSTANDING AS ON FEBRUARY,29,2020 TO ELIGIBLE BUSINESS ENTERPRISES /MSMEs.new

  • Our Chairman & CEO Mr. Dinesh Pant has been elevated to TEG Grade / Scale VII in the rank of General Manager in Bank of Baroda w.e.f. 01.04.2020.new

  • Bank has launched COVID Emergency Credit Line (NCECL) loan scheme to provide liquidity support to borrowers impacted by COVID-19 pandemic.new

  • Bank has formulated Naini Kissan Credit Card (NKCC) scheme for meeting working capital requirements for animal husbandry and fisheries activities to help the farmers.new

  • Bank has also revised its SEED POLICY for credit facilities to seed processing units for FY-2020-21 wherein interest rate has been linked with CMR rating and collateral coverage.new

  • Mr. Dinesh Pant, Chairman & CEO, Nainital Bank donated his ONE month salary to "PM CARES" for COVID 19 outbreak victims.new

  • Nainital Bank is contributing Rs. 11.00 lakh (Rs. Eleven lakh only) for Chief Minister Relief Fund under CSR for COVID 19 outbreak victims. new

  • Employees of Nainital Bank contributed Rs. 14.20 lakh (Rs. Fourteen lakh twenty thousand only ) for "PM CARES" for COVID 19 outbreak victims.new

  • "Bank requires career oriented professionals as specialist officers in the category of Chartered Accounts, Credit Officers, Marketing Officers, IT Officers,Risk Officer, Planning Officer and Law officer". For details visit the Bank's website. new

  • Bank's esteemed customers are informed that the ATM withdrawal limit per Card per day reduced from Rs 40,000/- to Rs 20,000/- w.e.f. November 01,2018.

  • All esteemed customers holding magnetic cards are requested to get their cards replaced with EMV chip cards for uninterrupted card services.

150 Branches - 100% CBS/RTGS/NEFT Enable
Home > About Us
Chairman's Desk

Progress for me has never been a dream. It has always been a reality and once one milestone is achieved, there is always another one waiting to be crossed. I started my journey as a Banker in the year 1994 as Probationary Officer and presently occupying the post of DGM in Bank of Baroda. It is with this belief and god’s grace that w.e.f. 01.04.2019. I have taken over the position of Chairman & C.E.O. of one of the oldest Banks in India, The Nainital Bank Limited.

The Bank has a glorious track record as profit making entity post 1973 and is a prominent name in our operative -5- Five States. As head of the family, I will steer the Bank to more prosperous milestones and new heights. The aim will be to deliver financial solutions, technology, products and services that exceed our clients’ expectations in order to become a trusted and successful Bank. Further, creating employment, encouraging startups and developing entrepreneurship in the state of Uttarakhand will be Bank’s top priority.

 


Mr. Dinesh Pant
(Chairman and Chief Executive Officer )

The performance of the Bank in last two F.Y.’s depicts a flat trend, which is a matter of concern for all of us. The business deficit can only be overcome by having a focused approach and evolving new business strategies. The business of the Bank for F.Y. 2018-19 is at ₹10,931.00 Cr. comprising of ₹3,645.00 Cr. Advances and ₹7,286.00 Cr. Deposits and the Bank registered Operating Profit of ₹107.00 Cr. as per provisional data. We need to unlock Bank’s potential and gain momentum to attract new business. The aim will be to keep up with pace for increasing quality business specially in Retail Sector, MSME and to contain increasing Non-Performing Assets and to have effective recoveries in such accounts. I believe that in current F.Y. (2019-20), we together as a Team will be able to achieve projected growth of 22% - 25% in all important business segments viz a viz CASA, Deposits, Advances etc. and overall Business.

We all know and sense how fast technologies in Banking Industry are changing. Cyber-attacks and frauds are one of the challenges faced by the Banks. Therefore, the need of the time is to revamp ourselves, upgrade our existing IT infrastructure and introduce and implement latest IT technologies, which shall ensure safety and security from Cyber-attacks and frauds and simultaneously increase our productivity, efficacy and provide excellent and uninterrupted customer service. This shall also help in automating our business processes and operations and will assist the Bank to be compliant with all statutory requirements. The foundation for making the Bank tech-savvy has been laid and I am confident that the Bank with the assistance of Bank of Baroda (Parent Bank) shall absorb the latest technologies in the near future.
The Banking Industry is stressed with Human Resources Management due to retirement of officials in Senior Level and our Bank is no exception to it. Therefore, the young and talented officers of the Bank needs to rise up to the occasion and should be ready to shoulder additional responsibilities. This shall also help the Bank in filling up the vacant positions in all cadres through internal promotion exercises. The aim will also be to retain talents, minimizing attrition rate and making committed efforts towards strengthening our Human Resources.
Further, we need to identify our weak areas, make faster and transparent decisions, evolve new strategies and collaborate better to put team spirit at the heart of what we do. With regard to our profits, we have to regain our hunger for business and set the bar higher.
It is time to stay motivated and deliver to our full potential. On that note, I am assured that I will receive full co-operation and support from all the members of the Bank. I am looking forward to working with you and will start a close and regular dialogue regarding business developments and new strategies in the following weeks.
I am confident that the Bank will scale new milestones of excellence for years to come.