The Nainital Bank Limited was established in the year 1922 with the objective to cater banking needs of the people of the region. In the year 1973, Reserve Bank of India directed Bank of Baroda, a premier nationalized bank, to manage the affairs of the Nainital Bank Limited.
At Present,The Bank is having 150 branches operating in five states i.e. Uttarakhand, Uttar Pradesh, Delhi, Haryana and Rajasthan.
The total business of the Bank was Rs. 11,797.46 crore as on 31/03/2020 registering a growth of 7.92% over previous F.Y.
Total Deposit of the Bank Stood at Rs 7679.43 Crores as on 31/03/2020 registering a growth of 5.40 % over previous F.Y.
CD Ratio of the Bank stood at 53.62% as on 31/03/2020 against 50.02% as on 31/03/2019
CRAR stood at 12.94% as on 31/03/2020 against 14.85% as on 31/03/2019
The Net NPA stood at 4.89%.