The bank introduced innovations such as plastic pouches for savings bank pass-books. More importantly, it created an all-women’s branch at Town Hall Road in Madurai in 1947, staffed by ten women, one of whom was Kamala Sundaram, S.N.K. Sundaram’s daughter.
The merger with Canara Bank took effect on 2 December 1963. At the time of the acquisition, Pandyan Bank had 83 branches, and 800 staff.
Citations and references
- Kamanth (2006), p.112.
- The Hindu, "1950s’ banking in George Town", 23 December 2013, - accessed 8 March 2014.
- Kamanth, M.V. (2006) A Banking Odyssey: The Canara Bank Story. (Konark Publishers). ISBN 706958306
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