Catholic Syrian Bank Ltd., Trichur - CSB Bank Limited - 1951 dated India Banking Stock Certificate
Inv# FS2598 Stock
Syria
Banking Stock printed by Sujana Bhooshanam Press, Trichur with 2 revenue stamps. One of the oldest banks in India.
CSB Bank Limited, formerly known as the Catholic Syrian Bank, is one of the oldest private sector banks in India, with a history spanning over a century. Established in 1920 and headquartered in Thrissur, Kerala, the bank initially served the local community, particularly those affiliated with the Syrian Catholic faith, before expanding its operations nationwide. For several decades, it maintained a strong presence in Southern India, establishing a reputation for personalized service and a focus on small-to-medium enterprises (SMEs), retail customers, and the agricultural sector. Its enduring legacy is rooted in traditional banking principles, which enabled it to navigate the evolving financial landscape of post-independence India.
A pivotal moment for the institution occurred in 2018 when Fairfax India Holdings Corporation, led by Prem Watsa, acquired a controlling stake in the bank. This marked the first instance when the Reserve Bank of India (RBI) permitted a foreign investment firm to acquire a majority share in a local bank. Following this capital infusion, the bank underwent a rebranding process to reflect its modernized identity and broader national aspirations. Presently, the bank is engaged in a digital transformation, optimizing its operations and expanding its gold loan and corporate banking portfolios. Despite these contemporary transformations, it maintains a deep connection to its origins, harmonizing a legacy of trust with a renewed emphasis on technology-driven growth.
Thrissur, (formly Trichur) the “Cultural Capital of Kerala,” is a vibrant city steeped in history, spirituality, and tradition. Built around Thekkinkadu Maidanam, it houses the Vadakkunnathan Temple, a prime example of Kerala’s architectural brilliance. As the former capital of Cochin, it holds immense historical significance and is a major commercial hub for gold jewelry and textiles in South India. Thrissur hosts the spectacular Thrissur Pooram festival, a bustling center of culture where traditional music, art, and festivities draw millions of visitors annually.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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