Saturday, March 2, 2013

Madurai had its all women bank branch in the 1940s itself

..............The Pandian Bank, founded by Madurai-based S N K Sundaram had made the bank's branch at Town Hall Road in the city as an all-women branch. "There were 10 women working in the branch and was an instant hit," claims Sundaram's daughter Kamala, who headed the branch for two years before Pandian Bank was merged with Canara Bank. "Soon after independence, many educated women from the middle class approached my father seeking jobs in Pandian Bank, which he had founded. That was when the idea occurred to him. He immediately started a branch where only women were employed," recalls Kamala Sundaram, now in her 80s residing at Bangalore. Kamala headed the branch for two years till 1967 when Pandian Bank was merged with Canara Bank. Kamala went on to become the first woman general manager of a nationalised bank in India before she retired in 1988............

1 comment:

M V Ashok said...

While there are so many news itmes about various womens banks in different parts of the country, surprising that SEWA Bank Ahmedabad , perhaps the most successful womens bank uin the country and more than two decades old is not mentioned by anybody.
M.V.Ashok
CGM, NABARD,
Maharshtra Regional office, Pune