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About Founders of The National Co-operative Bank Limited

Late Sri. T. R. Shamanna and Late Sri. Y. V. Keshavamurthy are founders of the bank. Late Sri. T. R. Shamanna was an eminent political figure of Karnataka. Because of his value based political activities, he was popularly called as Gandhiji of Karnataka. He was a true Gandhian and his political career spaned a period of nearly 5 decades. Many times he was a Corporator of Bangalore Muncipal Corporation and rendered yeoman service to the people of south of Bangalore. He was 4 times elected as member of assembly and one time as member of Parliament from Bangalore South constituency in the elections held in 1977. His popularity was so profound that the Basavanagudi constituency was nick named as T. R. Shamanna Constituency. He was also a true Co-operator and contributed a lot for the founding of The National Co-operative Bank. The tenure of Sri. T. R. Shamanna in the management is as follows:

President from 1976 to 1986 Director from 1986 to 1989.

He passed away on 30.8.1989, as a tribute his service to the National Co-operative Bank, the conference hall of the bank has been named as Sri T. R. Shamanna Conference Hall.

Late Sri. Y. V. Keshavamurthy, was an eminent Social Worker who entered the Co-operative Sector at the young age of 22 years. He promoted Co-operative Societies in Mysore and shifted to Bangalore in the beginning of 70s. During the emergency, he was very active in the Political arena. He, with the able guidance of Late Sri. T. R. Shamanna was instrumental in mobilizing initial Share Capital and was also instrumental in getting the Society registered as Bank by getting the RBI license within a short period of one year.

The late Sri. D. Devaraj Urs, the then Chief Minister of Karnataka who inaugurated the bank on 29.02.1976 was a guiding personality to Sri. Y. V. Keshavamurthy in his political endeavour. Soon after the establishment of The National Co-operative Bank Ltd., he fully involved himself in energizing the Co-operative Movement in Karnataka, more so Urban Co-operative Banking Movement. He was the President of the Karnataka State Co-operative Urban Banks Federation for the period from 1986 to 1987. He was also the member of the Standing Advisory Committee constituted by RBI, during his tenure as President. He guided many Co-operators to establish Co-operative Institutions in and around Bangalore City. The offshoot of The National Co-operative Bank Ltd., i.e., Sir. M. Visveswaraya Co-operative Bank Ltd situated in Bangalore City has emerged as the Biggest Urban Co-operative Bank in Karnataka. He was the Office bearer in the Committee of Management of The National Co-operative Bank as follows:

Hon. Secretary from 1976 to 1986

Managing Director from 1986 to 1996

Chairman from 1996 to 2000.

He passed away on 19.6.2000. As a tribute rendered by Late Sri. Y. V. Keshavamurthy to The National Co-op. Bank, the banking hall of the Gandhi Bazar branch has been named after him.