GHANSHYAM DAS BIRLA THE BIRLA GROUP 2. Bank. G. P. BIRLA SCHOLARSHIP. Birla was a close associate and a steady supporter of Mahatma Gandhi, whom he met for the first time in 1916. The bank was named “United Commercial Bank”, UCO bank. The Trust has been established to carry forward the cherished dream of Late Shri G. P. Birla, the renowned Industrialist and Philanthropist, to promote education, develop human resources and empower the youth of the Country. Ghanshyam Das Birla died in London on 11 June 1983 at the age of 89. He had to scale a number of obstacles as the British and Scottish merchants tried to shut his business by unethical and monopolistic methods, but he was able to persevere. The bank was nationalized in 1969, and thus was born United Commercial Bank. Established in 1978 by the Jamnalal Bajaj Foundation of Bajaj Group, it is given annually and is usually presented by the President, Vice president, Prime Minister of India or a leading figure. He belonged to the Birla family and is the founding father of the multi-billion dollar Birla Empire. WhatsApp. Aditya Birla Management Corporation Pvt. The group was founded by Seth Shiv Narayan Birla in 1857. He was not far behind in trying his hands in banking and established a commercial bank in 1943. On this momentous milestone of the bank, the Keran branch of the bank following its corporate call observed financial literacy week from January 1 to 6. In 1957, he was awarded India's second-highest civilian honour, the Padma Vibhushan by the Government of India. He had three more brothers, Jugal Kishore, Rameshwar Das, and Brij Mohan. He belonged to the Birla family and is the founding father of the multi-billion dollar Birla Empire. When World War I resulted in supply problems throughout the British Empire, Birla's business skyrocketed. As a result, he was holding a very powerful position in the society at that time. Envisioning infrastructural development in his hometown, Birla founded the Birla Engineering College (rechristened as Birla Institute of Technology and Science in 1964) in Pilani and the Technological Institute of Textile & Sciences in Bhiwani among other educational institutions in 1943. United Commercial Bank Ltd. was founded by industrialist GD Birla in 1943, who after the historic “Quit India” movement in 1942 wanted to start a ‘truly Indian bank’. Ironically, it was the brother of Yash Birla's great-grandfather (Rameshwar Das Birla) who found the bank. 3 Sustainable Shopping Habits You Should Consider, Knowledge Guide: Quality Products at Pet Food Stores, This is what we like about this Powerful couple, Make Home Made French Fries Free from any Chemical like Market French Fries, Make Khaman Dhokla without Baking Powder or Baking Soda in 30 Minutes, Fruit Salt- Composition and Alternative of Fruit Salt, 5 Famous and Delicious Food of Himachal Pradesh, He raised money from the jute business in Calcutta and built a mansion in Pilani with the money he earned. This award comprises 1.45 lakh and certificate.----- Share. UCO Bank, formerly United Commercial Bank, established in 1943 in Kolkata, is one of the oldest and major commercial bank of India. In 1884 A.D. Baldeo Das Birla went to Bombay in search of new avenues of trade. During FY 2013–14, its During FY 2013–14, its Indian Overseas Bank (1,566 words) [view diff] exact match in snippet view article find links to article Ghanshyam Das Birla was born on 10 April 1894 at Pilani village, in the Indian state then known as Rajputana, as a member of the Marwari community. Federation of Indian Chambers of Commerce & Industry-Wikipedia He was equally active and made a lot of contribution towards the welfare of society. [1] His father was Raja Baldevdas Birla. G. P. BIRLA SCHOLARSHIP. The bank established in the year 1913 as Bank of Mysore. Ghanshyam Das Birla during the Quit India Movement of 1942, had conceived the idea of organising a commercial bank with Indian capital and management, and the United Commercial Bank Limited was incorporated to give shape to that idea. 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