alila hotels and resorts is a hotel management company that currently operates in indonesia , india and oman with their headquarters located in singapore .

the word alila means “ surprise ” in sanskrit , which is the philosophy behind its properties .

alila hotels and resorts adopt earthcheck operating standards and in 2014 entered into a strategic alliance with commune hotels & resorts .

in addition , alila hotels and resorts is part of the global hotel alliance .

alila hotels and resorts

singapore - based alila hotels & resorts is partnering with san francisco ' s commune hotels & resorts to create a new lifestyle management company .
alila hotels and resorts launched in indonesia 15 years ago . today it is the contemporary luxury brand under two roads hospitality and manages ten hotels and resorts in india and the asia
alila scbd . jakarta alila koggala . sri lanka alila villas koh russey alila wuzhen
alila hotels and resorts joins a variety of key travel partners in our network such as oetker collection , raffles fairmont hotels international , peninsula , shangri - la , mandarin oriental hotel group , belmond , four seasons hotels & resorts , taj , la réserve , fasano , hyatt hotels & resorts and a collection of independent luxury properties .
relax , recharge and rejuvenate with alila hotels and resorts ' two faces of bali packages , exclusively for dbs altitude cardmembers .
alila hotels and resorts has been made aware of communications from bogus individuals and / or employment agencies falsely claiming to recruit on behalf of alila hotels and resorts and alila branded hotels to attract job applicants . these operations seek to fraudulently acquire payment from interested applicants for items such as fees , work permits , visas or employment checks .
watch for new alila hotels & resorts opening soon – alila jabal akhdat , oman ( now open ) , alila seminyak , bali ( late 2014 ) , and alila fort bishangarh , jaipur ( 2015 ) .
why you’ll love it named after the sanskrit word for surprise , alila hotels and resorts excels at crafting guest experiences that are unexpectedly different .
the boutique hotel group , alila hotels and resorts , has been awarded ‘hotel group of the year’ at the telegraph’s ultra awards in london .
the alila hotels and resorts head office is located in the thing teck building in singapore and employs 16 full time equivalent employees . during the period covered by this ghg assessment , alila operated ten hotels and 8 resorts in five countries in asia – india , indonesia , laos , thailand and the maldives .
traveller made® , the community network of luxury travel designers , is announcing today a partnership with the luxury hotel brand , alila hotels and resorts .
under no circumstances will alila hotels and resorts or an alila branded hotel request payment from prospective employees . protect yourself by never giving money to any person in connection with an application for a job with one of our hotels .
acquired a majority stake in oaks hotels & resorts ltd . , one of australia ' s largest hotel and resort operators .
to its portfolio of boutique hotel brands . singapore - based alila marks commune’s fourth hotel brand , joining joie de vivre hotels , thompson hotels and tommie .
acquired 50 % of the luxury hotel brand per aquum hotels & resorts and 50 % of per aquum niyama resort in the maldives .
at that time , the idea was to grow alila into a global brand , building on my previous experience . everything i know about hotels i learned at aman resorts and
the hallmark of alila luxury hotels and resorts is our combination of innovative design in magnificent settings , set apart by an unprecedented level of private space , personalized hospitality and commitment to sustainability .
your newest hotels and resorts have embraced alila’s spirit of giving back to the community through a “gift - to - share” programme . can you tell us more about this programme ?
manage unique city hotels and resorts in the asia pacific region . think crafted luxury with renowned alila villas properties such as alila villas soori and alila villas uluwatu in bali , while style comes to mind with alila properties such as alila diwa goa , alila mangiss as well as the alila purnama ( translated as the full moon ) , one of the most luxurious live aboard phinisi ships in asia .
“alila hotels & resorts is an attractive investment opportunity because of its strong reputation in asia and a natural partner given geolo capital’s history of financial investment and partnership in mandara spa with mark edleson , president and founder of alila , ” john pritzker , chairman of commune hotels & resorts and founding partner of geolo capital , told 4hoteliers . “our intent is to cross - promote commune and alila to both domestic and international travellers and to enhance each company’s global presence . ”
formed in october 2011 , commune hotels & resorts is an international , multi - brand lifestyle hotel management company which manages and operates thompson hotels , a luxury lifestyle brand ; joie de vivre hotels , a collection of independently branded boutique hotels ; and tommie , a new micro - lifestyle hotel brand . the san francisco - based company manages more than 40 hotels and resorts across the u . s . , canada , and europe , and is expanding its portfolio while establishing a presence in mexico . for more information , please visit
alila manages unique city hotels and resorts in india and the asia pacific region . the hallmark of alila is stylish , relaxing environments and superb hospitality that creates a unique guest experience , continuously redefined to reflect the very best of a contemporary lifestyle .
alila hotels and resorts offer stylish , relaxing environments with surprisingly different lifestyle concepts and guest experiences that are continuously redefined by the latest developments in design and living . the alila experience is centred on building unique “emotional moments” between the guest , the hotel and destination .
frederic simon , ceo alila hotels & resorts , said : “we are proud to partner with kaja group in presenting the renowned hakkasan group hospitality brands to the alila clientele , chalking yet another first in bali .
acquired 80 % of oasis resort caloundra , a 158 - room and 9 - apartment property in queensland , australia , through oaks hotels & resorts ltd .
alila hotels and resorts’ corporate office in singapore will become the regional office of commune hotels & resorts in asia . each individual alila hotel and resort will retain its name . frederic flageat - simon , previously ceo of alila , will serve as ceo asia of commune hotels & resorts , overseeing the singapore - based executive team and managing the commune portfolio in asia . flageat - simon and the singapore - based team will focus on growing the commune brands in asia , australia and the middle east , while the u . s . - based commune team will continue to build the development pipeline in america , europe and africa .
acquired 25 % in tidal swell pty . ltd . through oaks hotels & resorts ltd . today , minor owns 100 % of tidal swell .
corporate office alila hotels and resorts 15 scotts road # 04 - 10 thong teck building singapore 228218 p : + 65 67358300 f : + 65 67351002 e : ask [ at ] alilahotels . com
the alila brand is well known for its ultimate luxury hotels and villa resorts in indonesia and india . recently , the brand launched an equally lavish experience to sail indonesian waters in the form of a luxury classed wooden sailing boat : the alila purnama .
mr edleson himself learnt from the best . before alila , he spent a dozen years imbibing the culture of luxury resorts from mr adrian zecha - the influential indonesian founder of aman resorts - as his financial adviser and later as a partner in ghm indonesia , a developer and manager of luxury hotels .
successfully completed the final stage of acquisition of tivoli hotels & resorts , which comprised 12 properties in portugal and 2 in brazil , as well as the tivoli brand and its operating platform .
travel helps make us who we are , and two roads hospitality is a collection of truly individual hotels and resorts for those who choose to break from the masses . and seek the road less traveled .
“ with only a handful of properties , alila hotels and resorts have created a unique lifestyle concept that speaks as much to the eye as to the mind . true to their sankrit name , alila hotels and resorts induce surprise and true elation upon a guest’s arrival . spectacular environment flows into creative living spaces and light - as - air architecture . with two balinese enchanting boutique havens , one luscious phinisi sailing ship , and an awesome desert hideaway in oman , alila hotels and resorts bring to traveller made a whole new insight into the world of luxury and hotel experience . we are thrilled to add their vision to that of our other distinguished hotel partners , ” says quentin desurmont , president of traveller made® .
mr mark edleson is a dream merchant for travellers who are curious about all things local and love luxury . the president of alila hotels and resorts creates a sense of paradise at his plush properties , in asia and beyond , with local experiences and lots of privacy .
the name alila comes from the sanskrit meaning “surprise” , which suitably describes the refreshing character of the properties , and the reaction of guests upon arrival and throughout their alila stay . to stay at any of the alila hotels & resorts is to embark on a memorable journey into the local culture for a total destination experience .
stay at more than 35 hotel brands with 550 hotels in 76 countries below .
alila hotels & resorts believes in immersive family journeys , designed for memorable moments . here are the best of their curated experiences across the portfolio . in keeping with alila’s philosophy , each personalized program has a sense of place which celebrates the local community and its environment .
royal garden resorts pcl . changed name to minor international pcl . ( mint ) .
alila has a holistic vision to create a positive impact on the community in which we manage hotels – economically , socially , environmentally and culturally .
founded royal gardens resorts ( rgr ) with a small hotel in pattaya . still under minor hotels , the property has been re - branded as avani pattaya resort & spa .
royal garden resorts ( rgr ) was listed on the stock exchange of thailand . still under minor hotels , the original property is currently operated as avani pattaya resort & spa .
two roads hospitality is an international lifestyle company encompassing an unrivaled collection of distinctive properties , passionate people and remarkable experiences around the globe . the company is named for the newly - merged commune and destination hotels , bringing together over 40 years of combined expertise exclusively dedicated to the boutique and lifestyle space . comprised of joie de vivre hotels , thompson hotels , destination hotels , tommie and alila hotels & resorts , the company is the leading operator of independent hotels with more than 95 properties in eight countries . two roads boasts an extensive roster of award - winning restaurants and bars , stunning vacation residences , world - class golf courses and indigenous spa and wellness offerings . for more information on two roads hospitality , visit urltoken , follow us on twitter @ tworoadshotels , or like us on facebook .
this is the next stage in the partnership announced last year , which will also see sake no hana , omnia nightclub and hakkasan restaurant opening in partnership with kaja group and alila hotels & resorts in alila scbd hotel , jakarta . when complete , the three luxury experiences will bring 339 jobs to the capital city .
there are hundreds of luxury resorts in south - east asia and scores of international chains that come from this part of the world . what makes alila special ?
alila diwa goa - alila diwa goa added a new photo — with . . . | facebook
this was my experience recently at the alila villas uluwatu in bali , part of the award - winning alila hotels & resorts chain , whose destination properties have become discreet getaways for in - the - know luxury travellers with an ethical conscience and a high - level of discernment in food , culture , art and design .
the alila portfolio , consisting of the alila villas and alila brands , will be managed by company ceo frederic flageat - simon , according to travel daily news asia . alia currently operates 10 properties in three countries in asia , and has 15 hotels in development across the region .
launched anantara vacation club , a point - based timeshare project under minor hotels’ own anantara luxury brand .
alila manages five resorts in bali out of its dozen properties . room rates range from us $ 200 ( s $ 278 ) to us $ 700 a night .
“the introduction of alila hotels & resorts to the north american market is a significant milestone in two roads’ international growth strategy , ” said jamie sabatier , chief executive officer of two roads hospitality . “as a brand that is long synonymous with opening resorts in spectacular , bucket - list destinations , it couldn’t be more fitting that alila’s u . s . debut will be along the iconic big sur coastline . this opening will strengthen the global footprint of alila and further cement its position as a luxury leader in the boutique and lifestyle sector . ”
increased stake in serendib hotels plc , a listed company in sri lanka , to 22 . 7 % .
acquired a hotel portfolio of over 1 , 900 keys , consisting of two hotel properties in brazil , including a hotel operating platform and the intellectual property rights of tivoli hotels & resorts in brazil , and four hotel properties in portugal , which marked a strategic move into south america and europe .
alila means “surprise” in sanskrit , which suitably describes the refreshing character of our properties and impressions of our guests when they stay with us . to stay at any of alila ' s hotels and resorts is to embark on a destination experience . be it in recreating the flavours of the local cuisine , enhancing your well - being through ancient healing arts or the thrill of adventure sports . . . re - discover the luxury of living at alila .
entered into a strategic partnership with johannesburg stock exchange - listed sun international , to own and operate six hotels in botswana , lesotho , namibia , and zambia .
a remarkable 230 - year - old fortress has finally completed its restoration by alila hotels and resorts , its location perched on a granite hill with stunning 360 degree views of the rajasthan landscape . alila fort bishangarh is a special place , filled with marble floor , stone walls and extensive history . in a region filled with palaces and historic forts , the resort opens in february 2017 and is the only warrior fort that has been converted into a resort .
wisesa joins two roads hospitality asia with more than thirty - two years of finance experience acquired both in indonesia and other countries such as maldives , thailand , bhutan and singapore . he has held a number of property - based and regional financial controller roles , including with como hotels as group financial controller based out of bangkok and singapore . with his international work experience ( melia hotels , shang - ri la , four seasons , hard rock hotels , como hotels ) , wisesa will strengthen the internal control function to ensure best accounting practices are in place throughout the group and continue developing the property management team on business and finance acumen .
invested 49 . 9 % stake in peace haven resorts ltd . to develop anantara tangalle on the south coast of sri lanka .
alila hotels & resorts is a model for the luxury business of the future , with personalisation , ethical business practices and functional , contemporary design at its core , headquartered in the heart of asia , luxury’s future growth engine . i sat down with mark edleson at his new home in bali , overlooking the rolling hills and rice paddies of ubud , to learn more .
at age 68 , he is puzzling over the next chapter of alila and his life .
gift to share alila hotels and resorts embrace alila’s spirit of giving back to the community through a “gift - to - share” programme , pledging to make donations to local causes with every booking . this community effort offers guests a no - obligation option to share the ‘gift’ by allowing them to donate any amount they choose in support of any of the local community endeavours that are initiated by the hotel or resort .
all of our hotels run innovative community and sustainability initiatives spearheaded by the local teams . i have been the cheerleader behind the green initiatives and community involvement projects but it is deeply embedded in the alila culture and championed by each and every member of the team from head office to resort management .
like aman , alila is collecting accolades . it is a long list that includes praise for the clifftop infinity pool and dinner at the warung in alila villas uluwatu , bali ; green credentials at alila villas soori , also in bali ; and holistic approach and family fun at alila diwa goa - with awards from cnn , tripadvisor , mr and mrs smith , conde nast , earthcheck and more .
experience a luxurious one - bedroom villa retreat at alila ubud amid lush rainforest views , and above the ocean at alila villas uluwatu with your own private pool .
mr pura further observes of mr edleson :
his love for the region contains a desire to respect and preserve all that was good , deep and fascinating about these countries and their people , which is reflected in the kind of hotels he wants alila to represent .
for those who are passionate about art and design , our resorts are designed to inspire them , using local fabrics , art and culture , giving them ideas that they can take home .
the hallmark of alila is the combination of innovative , environmentally sensitive design and luxury in unique locations , set apart by an unprecedented level of private space , personalised hospitality and destination experiences . the alila portfolio comprises 11 unique properties with an additional 25 hotels under development across north asia , south east asia , south asia and the middle east .
jakarta , indonesia ( 8 september 2016 ) – hakkasan group , the global hospitality company , today announced plans to open two new venues at the cliff at alila villas uluwatu . the destination resort will host the world’s first omnia dayclub and luxury japanese restaurant sake no hana in bali with partners kaja group and alila hotel & resorts .
a few days earlier i had met with edleson , a veteran of the luxury hotel management industry , who explained how green principles are deeply embedded in all that alila does , how many of the resorts are designed , and even how employees travel to and from work .
“i’m thrilled to welcome the alila team to the family . through our partnership this past year , we quickly discovered that our company cultures and values are very well - aligned , ” said niki leondakis , ceo of commune . “asia is an incredibly influential and promising travel market with tremendous growth potential for commune ; alila has a strong foothold in the region with world - class hotels and a commitment to guest service that’s nothing short of exceptional , all of which creates significant opportunity for commune ' s existing hotels and future development internationally . ”
to stay at any of alila’s luxury resorts is to embark on a journey filled with cultural and personal learning . whether recreating the flavors of the local cuisine , enhancing your well - being through ancient healing arts , tasting the thrill of adventure sports or participating in volun - tourism , you’ll find life at alila an inspiration .
notably , in june , alila and commune hotels + resortsof san francisco announced the outcome of their integration efforts to cross - promote their brands . commune , which manages boutique hotel brands including the eclectic joie de vivre , will amplify alila ' s footprint in the west . mr edleson is the asian president of commune .
“ as a leading asian lifestyle hotel company , joining traveller made was strategic step for our company . we have all the wished for qualities and they offer a wealth of experiences to appeal to very demanding , pure tailor - made travel designers members of traveller made® and their ultra - high net worth clients . we are very proud to join this long anticipated european travel network ” said taufik rachman , regional director of sales , alila hotels and resorts .
headline appeal alila villas , a sub - brand within alila , ups the luxury quotient with its properties made up of villas with private pools , and its private sail boat that plies indonesia’s remote and untouched islands .
the name alila comes from sanskrit meaning “surprise” which suitably describes the refreshing character of our properties and the reaction of our guests upon arrival and throughout their stay with us . to stay at any of alila’s hotels or resorts is to embark on a memorable journey into the local culture for a total destination experience . whatever your personal interests are , a myriad of new experiences await your discovery . whether learning to recreate the flavours of the local cuisine , enhancing your well - being through ancient healing arts , or tasting the thrill of adventure sports , you’ll find life at alila an inspiration . urltoken
holistic environmental vision respect for the environment and local communities is firmly entrenched in alila’s vision that conservation , community and commerce can and should be integrated . alila’s green efforts extend beyond the operational aspects of the resorts to create a positive impact on the community – economically , socially and culturally . this includes employing local people who live in the surrounding areas , developing the local workforce through skills training , using products and services from local suppliers , as well as educating our guests on local culture and traditions .
but make no mistake . staying at alila is no ascetic experience . to wit , comments on trip advisor rave about the experience of staying at alila’s resorts for the quality of the food , the spas , the service , and just about every little design detail imaginable , demonstrating that one can still offer a true luxury experience while being green .
both alila and commune are international hotel management firms - not developers of property . so alila provides developers with a suite of services , from stylish design to operations , branding to financial projections .
he started thinking that he would grow alila beyond indonesia and singapore could be the brand ' s global headquarters .
denver , colo . , july 27 , 2017 – international lifestyle company two roads hospitality today announced the expansion of alila hotels & resorts into north america . singapore - based alila , which became part of the two roads hospitality portfolio in june 2015 and was recently voted the no . 4 hotel brand in the 2017 travel + leisure world’s best awards , will open its first north american resort property in california’s fabled big sur in fall 2017 . the launch brings the brand’s commitment to innovative design and luxury , crafted artisanship and personalized hospitality to the u . s . market .
caring for others and our planet is something we at alila hotels and resorts put much effort into throughout the year . with 2014 coming to an end , we get a chance to look back at the memories as well as plan for the future . true to the end of year spirit , we thought it would be nice to make a quick roundup of some of the things we did in 2014 and we hope this will in turn inspire others to lend their helping hand for our planet .
earthcheck certification alila adopts the earthcheck certification - the world’s leading programme used by the travel and tourism industry to assess environmental sustainability - which measures and regulates operational indicators such as energy , emissions , water , waste , community involvement , paper use , cleaning and pesticide use . many of alila ' s newer resorts are designed and built in accordance with strict earthcheck standards , leading the way in sustainable tourism development . more information can be found at : urltoken .
through a “gift - to - share” programme , our hotels and resorts are pledging to make donations to local causes with every booking . the programme offers a complimentary night’s stay for every night booked at the hotel as a gift to guests . guests are encouraged to donate any amount of their choice to one of three select beneficiaries selected by the hotel .
invested 25 % stake in three hotels , which were rebranded anantara medjumbe , anantara matemo , and avani pemba , in mozambique , and 49 % in a hotel and mixed - use development project , comprising radisson blu hotel , a residential tower , and an office tower , in mozambique .
we now have four properties in bali , including alila villas uluwatu and alila villas soori . last december we opened alila diwa goa , our first property in india , where we have a number of projects happening . india looks like it’s going to be an important developing market for us .
our partnership with commune gives alila exposure in north america and allows for synergies between our sales , marketing and revenue management channels , which will benefit both of our portfolios of hotels ,
flageat - simon said in a release .
we ' re working closely and strategically together to explore mutually - beneficial business opportunities as well as joint marketing , sales and promotion activities .
extraordinary ethos alila is at the forefront of eco - tourism , with a rigorous commitment to sustainability . properties are recognized by earthcheck , a leading international certification body for the travel and tourism industry , which employs a science - based approach to gauging and mitigating environmental impact . new hotels are designed and built in accordance with the group’s policies . but sustainable operation and design are just the start – alila makes a commitment to its local host communities by largely employing those who live in surrounding areas , developing the local workforce through training programs , using products and services from local suppliers , and educating guests on local culture and traditions through the engaging alila journeys programme .
invested in a 20 % stake of serendib hotel limited , part of the hemas group , in sri lanka . serendib operates four hotels in sri lanka , including club dolphin hotel and sigiriya hotel .
the ultra awards ceremony took place at the savoy , london , on monday 22nd may . it was a celebration of the best hotels , airlines , tour operators and cruise companies across the globe .
alila resolutely chose to work towards earthcheck’s standards as its broad and rigorous approach thoroughly ensures that all possible impacts on the environment and community as a result of the presence and construction of our new alila villas developments are addressed right from the beginning before the properties are being built .
in essence , alila combines innovative design and luxury in exquisite locations with natural beauty and cultural significance . guests enjoy personalised hospitality in these stylish places - plus the experiences and privacy he mentions .
i was looking for the next exotic hotel destination with adrian . i was having so much fun with aman , i was neglecting my industrial and trading and other clients ,
quips mr edleson . he worked with aman to launch five resorts in indonesia between 1987 and 1996 .
in january 2004 , you decided to take alila global , moving from a base here in bali to a new hub in singapore . what were your aims for alila back then ?
alila villas represent alila’s new generation of ultra - luxurious yet sustainable developments in some of the most spectacular locations , set apart by an unprecedented level of private space , design and architecture , personalised hospitality and destination experiences . designed by award - winning teams of architects , interior designers and artisans , an alila villas project is the only brand that is designed , built and operated to earthcheck standards , integrating the natural , physical and cultural elements of its environment .
the hallmark of alila is relaxing envirnoments and superb hospitality , creating a unique guest experience , continuously redefined to reflect the very best of a contemporary lifestyle and design .
commenting on the announcement , neil moffitt , hakkasan group ceo said : “two in every five tourists visit bali while in indonesia and the country’s young , and increasingly urban population makes it one of the fastest - growing consumer markets in the world . these factors create a unique opportunity for hakkasan group to enter the market at this time . “for hakkasan group , choosing like - minded partners has always been key for us . alila hotels & resorts has the same focus and passion for excellence in culinary experiences and impeccable service while kaja group has enabled us to bring this luxury experience to visitors to bali . ”
whilst traditional on the outside in her design , the alila purnama’s interior is ultra - modern .
that is why alila , a brand he created with indonesian co - founders in 2001 , immerses vacationers in local colour . in bali , a procession might wend through an upscale alila resort .
zero waste to landfill in response to the rising environmental threat to bali’s farmlands and watercourses caused by greenhouse gases leaching from landfill sites , alila hotels in bali have adopted the ‘alila zero waste to landfill’ project . as part of this initiative , each hotel is investing in an integrated sustainable resource recovery facility ( isurrf ) , which will process all hotel waste onsite into higher value products and services for reuse in the hotel . in addition , a complete waste composting system is being implemented in each hotel , as well as a permaculture organic garden to provide a sustainable , self - sufficient supply of fresh produce to the hotel kitchen . alila’s objective is to template a successful model so that it can be duplicated at alila hotels in all destinations . please click here to learn more about the project as it progresses in bali .
alila takes its name from the sanskrit for ‘surprise’ to create breathtaking , eco - friendly and “surprisingly different” destinations spanning south asia to the middle east and integrating the natural , physical and cultural elements of their environments .
alila hospitalities include daily guided walks through the serene landscape , yoga , tai chi and pilates classes , and nightly wine tastings and cheese pairings . an on - site experience coordinator is available to arrange further adventures .
the hallmark of alila is the combination of innovative design and crafted luxury in unique locations , set apart by an unprecedented level of personalised hospitality , private spaces and bespoke journeys .
pacific region , including a luxurious phinisi ship , alila purnama . a compelling mix of cultures and styles , each alila hotel has been created by a carefully chosen team of architects , interiors designers , and artisans , meaning every property has its own personality and distinct sense of place . however , each one is proud to draw on alila’s impeccable credentials –innovative design , style , a stunning environment , a commitment to sustainable tourism and a thoughtful , personal service .
guy’s distinguished career spans two continents over ten years with aman resorts in various regional capacities before he joined australia’s voyages hotels and resorts to manage the brand’s top eight signature properties . his credentials also include his tenure as head of operations for first light international in australia . in his role of chief operating officer at two roads hospitality asia , guy brings with him a wealth of operational experience along with an innate knowledge in luxury services . he was instrumental in bringing on - board , the alila purnama , which has become a huge success for the brand since its inception in 2012 . besides strengthening the operational components of the business , guy enforces the brand promise and service delivery as well as ensures the business performance of each two roads hospitality asia brand with good asset management practices .
2017 is an incredibly exciting year for brand alila . july sees the opening of alila fort bishangarh in rajasthan – a 230 - year old fortress which has been seven years in the restoration . also opening in july is alila yangshuo in guilin , china . this former working sugar mill has been transformed into a spectacular modern retro resort set against stunning landscapes with its own karst hills within the resort . other openings scheduled for early next year are alila villas koh russey , a private island in the koh rong archipelago in cambodia and alila koggala in sri lanka .
the second is at the hotel operations level . for new properties , we work very closely with the developers to create resorts that have environmental considerations embedded right in the design . all three of our new alila villas properties have been built to green globe design - and - build standards . so , for example , especially in a place like alila villas hadahaa in the maldives , where we are in a small island in the middle of the indian ocean , we provide our own energy and our own water .
best for family relaxation – alila diwa goa – india alila diwa goa , in the southern part of the region , sits amidst lush , verdant rice plantations . the family terrace rooms are brilliantly located on the ground floor near the club facilities and children’s pool .
the 2 - night gift to share package starts from usd187 per night , based on two sharing and excluding local taxes . included in the package are daily breakfasts and alila hospitalities with our compliments :
a carbon foot printing assessment was conducted for the alila head office in singapore , to determine performance and identify opportunities for improvement . this provided invaluable data for alila to base investment decisions for projects to reduce their carbon footprint . reporting on carbon footprints is required more and more as part of csr reporting practices .
alila sets the standard for stunning getaways in amazing locations offering private space in eco - friendly environments , committed to sustainable operating standards and unique guest experiences .
geolo capital , the private equity firm that owns commune , secured a majority interest in alila in 2014 , at which time the two hotel companies formed an alliance to cross - promote each others’ global brands . today , commune and alila are entering into a fully integrated model to create wider exposure and distribution internationally .
a graduate of the centre international de glion , switzerland , frederic first moved to asia with the accor group in their hotel expansion into indonesia and malaysia . his hotel and tourism industry expertise in europe and asia spans more than two decades . since joining alila as managing director in 2001 , frederic’s passion and eye for detail have been instrumental in honing the alila service standards and heading the group’s expansion in asia . a passionate hotelier and a creative innovator , he was the driving force behind the ultra - luxe alila villas and its brand delivery . as ceo , frederic oversees all two roads hospitality asia ' s operational partnerships and leads the asia pacific expansion of this multi - branded lifestyle platform .
this is a new destination waiting to be explored at leisure . between the bishangarh village and the city of shahpura , alila fort bishangarh is well placed to explore the beauty and charm of rural rajasthan .
the partnership and investment from kaja group in both jakarta and bali totals $ 38 million .
the hallmark of alila is the combination of innovative design and luxury in unique locations , set apart by an unprecedented level of private space , personalised hospitality and destination experiences . for more information please contact us .
best for active spirits – alila jabal akhdar – oman alila jabal akhdar is a leed - accredited design - forward hotel with 86 beautiful rooms and suites , built in the traditional architecture of old omani stone dwellings amid a stunning mountain landscape . offering several activities and experiences including nature walks , hiking trails , mountain biking and off - road drives , sporting families won’t be disappointed .
the building of alila villas uluwatu in bali was a key milestone for us as a representation of combining sustainability in planning and construction and outstanding design . having the resort meet the rigorous earthcheck ‘building planning and design standard’ criteria means that the entire development was designed and built to follow an environmentally friendly fabric that will continue in alila villas uluwatu’s on - going operations to ensure that the resort’s environmental footprints are kept to a minimum .
alila’s long - held vision is that commerce , conservation and community can and should be integrated . while creating opportunities for intimate cultural interactions for our guests with the people , cultures and natural beauty of each destination , we are dedicated to being responsible members of our host communities and treading lightly on our environment .
for those guests with a sense of adventure , they can also able to benefit from alila’s full padi licensed dive centre .
spanish born mario gonzalez martin takes the helm as cruise director for alila purnama , the group ' s f . . .
sanjiva gautamadasa is the general manager of alila manggis , he is sharing his passion for the green bank , cool eco - friendly initiative created by the property and team .
andrew tjahyadikarta , president director kaja group said : “we are very excited to work with hakkasan group and alila . we are certain we can introduce the most amazing day - life and nightlife concepts to the region . ”
alila is a two roads hospitality luxury boutique hotel brand , managed by a skilled local and global team that embraces the values of passion , innovation , authenticity , social responsibility and community engagement , to create , operate and deliver well - rounded , personalised management services to our shareholders and heartfelt experiences to our guests .
we expose our students to a broad range of courses covering the inter - related areas of the hospitality industry , by means of theoretical and practical work within the school and by regular periods of internship in recognized hotels , restaurants or related institutions . students’ intellectual abilities are further developed through the general education component of the undergraduate programs .
shop alila urltoken alila living products include massage oils , body scrubs and cleansers , bath salts , body milk , body spiritz , lip balm as well as scented candles and natural insect repellent . everything is available for you to recreate your unique spa alial experience at home . all our products are also free from parabens , sodium laurel sulphate , petrochemicals , synthetic substances and artificial colour or fragrance .
best for family vacations – alila anji – china in june 2016 , alila anji made its debut as the brand’s first china property . families are made to feel at home with a stay in one of the 74 stately villas and rooms , each designed to provide understated comfort within a peaceful oasis .
and critics dismissed the effort as having little real impact , for alila this couldn’t be further from the truth . indeed , waiting for me in my hotel suite was a personal note from the hotel’s general manager , sean brennan , and a message from mark edleson , president and
the alila ‘you are the chef’ series starts from us $ 50 per adult and us $ 27 per child ; the ‘little craftsmen’ and ‘kite - making magic’ activities start from us $ 27 per family ( up to 2 adults and 1 child ) . rates at alila anji start from us $ 340 for a lake view room on a bed & breakfast basis . for more information or to book visit urltoken
franky tjahyadikarta , president director buva group ( parent company of kaja group ) said : “being a homegrown indonesian company , we are always striving for brand differentiation which drove us to develop the best in leisure destinations ; first with hotels and now onto food and entertainment with hakkasan group , a global leader in its class . we are incredibly proud to deliver another first in indonesia and south asia . ”
“at alila , we strive to deliver holistic experiences that go beyond the typical and traditional , combining transformative programming with world - class service and amenities , ” said frederic flageat - simon , chief executive officer , two roads hospitality asia . “unveiling the brand in the u . s . is an exciting step for our company , and we look forward to introducing alila’s innovative hospitality approach to our north american guests . ”
as a singaporean and a graduate of national university of singapore , kenneth brings with him over 20 years of engineering experience . through his career , he has worked in many international hotel companies such as grand hyatt , intercontinental hotels group , hilton worldwide , mulia group , dusit international , macau legend development and most recently solaire resort and casino – where he held the role of vice president , property services .
alila created a new building above the old fort which hosts five unique royal suites as well as the decadent social areas . among the 59 suites , all have spectacular views of the valley and feature 22 different and unique layouts . an imposing arrival area greets guests down the hill from the fort and features courtyard , swimming pool and terraces as well as the gym and teen soldiers play club .
hidden away in the aravalli hills in rajasthan , a world away from the crowds on the conventional jaipur - jodphur - udaipur trail , an hour’s drive from jaipur , is alila fort bishangarh – a 230 - year - old defence fortress . after seven years in the remaking , it has undergone a brilliant transformation and will unveil all 59 suites this july 2017 . it is the second alila property in india following alila diwa goa which opened in 2010 .
to ensure we acquire the best emerging talent in the hospitality industry , minor hotels has built relationships with the world’s leading hotel schools . we also partner closely with prestigious schools and colleges in our countries of operation , working with top local talent while supporting the development of local communities where we are based .
we’ve slowly been developing and establishing alila properties here in our south east asia base , but have also been expanding into other geographies , branching out in concentric circles from our singapore hub .
artisanal we strive to create unique hotels and guest experiences distinguished by their craftsmanship , expressed through high quality , exceptional design and attentiveness to even the smallest of details . passionate the most memorable service is delivered genuinely from the heart . it ' s not just about knowing how to do it well , it’s about striving to do it better every day and delighting our guests . authentic while celebrating the uniqueness and authenticity of our local destinations , we focus on delivering world - class service and understanding the needs of our international clientele . innovative being innovative is about being knowledgeable and applying that knowledge in fresh ways , looking beyond the predictable solutions to create new and surprisingly different experiences . responsible in all of our activities , we are committed to respecting and preserving the way of life and traditions of local communities , and we endeavour to minimise our impact on the environment by adhering to alila ' s eco - sustainability policy .
amy is founding partner of scribes of the orient , and a gallivanting reporter for travel and lifestyle glossies .
“the value of the two companies together is greater than two separate entities , ” remarked flageat - simon . “the combination of alila’s footprint and experience in asia , combined with the infrastructure , resources and global reputation of commune will mean a winning guest experience for more people around the world , and a global management and distribution platform for our owners . ”
traveller made® is the network community of luxury travel designers dedicated to providing unique and exclusive bespoke journeys to travellers looking for different and original experiences and requiring skilled and knowledgeable advisors who are fully committed to servicing their needs .
immerse yourself in alila’s culinary odyssey and experience a feast of sights , tastes and aromas . from fresh produce and spices to the serving styles unique to our regions , every meal immerses you in rich culinary traditions , with an emphasis on local , organic garden freshness amid stirring views of our natural surroundings .
alila jabal akhdar first opened it’s doors in 2014 and began their “gift to share” programme from the get - go . the concept of the programme is to provide an additional night free of charge for each guest who would make a donation to an approved charity in oman . alila jabal akhdar’s charity of choice is the dar al atta’a .
best for cultural learning – alila ubud – bali alila ubud is a tranquil and secluded hillside retreat that sits high up on the edge of the rich green ayung river valley in bali’s central foothills , in the balinese village of payangan . offering a plethora of traditional activities , this holiday will have the whole family immersed in rich balinese rituals .
i realised how vast and varied the world is - and that was only europe ,
he says .
alila ubud supports the kupu kupu foundations through donations as well as the displaying of their art and handicrafts in our gallery . the foundation helps improve lives by assisting with medical care , medicines , physiotherapy and surgical operations . they provide wheelchairs and other physical aids and adapt facilities to be easier to use by people with disabilities . they transport disabled children to and from school and help disabled people become more independent by selling and promoting handicrafts that they make . they also work to increase awareness in the local community of the challenges faced by people with disabilities
at alila manggis on the east coast of bali the ‘green bank’ project is a hugely successful community recycling initiative designed to help instil a greener and more responsible outlook for the hotel and local village . the interactive project is helping residents to set up recycling schemes , learning playgrounds for local children , community allotments within the grounds of the hotel to grow fruits and vegetables for sale to the hotel and in the local village and home craft industries , developing important bonds between the hotel and local residents .
already a key member of the two roads hospitality asia family , sean brennan joined the alila brand in 2007 as the opening general manager at alila villas uluwatu to launch the new crafted luxury brand . under his leadership , the property has achieved significant success and much recognition for its service quality . with his 32 years of hospitality experience in australia , hilton properties in kuala lumpur and singapore , millennium hilton bangkok , grand hilton seoul , and armed with a degree in hotel operations and hotel management from switzerland , he brings together a winning combination of dynamism and creativity . of dual nationality – australian and british – sean’s well - honed leadership and people skills will oversee all two roads hospitality asia new development .
alila bangsar 58 jalan ang seng , 50470 kuala lumpur , malaysia p : + 60 322 683 888 e : bangsar ( at ) alilahotels . com
one strategy is to grow alila in city locations , including here . he relinquished the chief executive role two years ago and is now less involved in day - to - day operations . as president , he focuses on new developments , corporate strategy and brand direction .


pondicherry gramin bank , also known locally as puduvai bharathiar grama bank ( pbgb ) is a regional rural bank in the indian union territory of puducherry .

it is the largest bank in pondicherry in terms of branch network .

the bank was established in the year 1980 under the regional rural bank act , 1961 .

this bank is jointly owned by government of india , government of puducherry and sponsored by indian bank .

the shareholders of the bank are government of india ( 50 % ) , government of puducherry ( 15 % ) and indian bank ( 35 % ) .

pondicherry gramin bank

pondicherry gramin bank , locally known as puduvai bharathiar grama bank ( pbgb ) is a regional rural bank in the indian union territory of puducherry . this bank jointly owned by government of india , government of puducherry and sponsored by indian bank was established in the year 1980 .
bank has sponsored three regional rural banks ( rrbs ) for details click pallavan grama bank , puduvai bharathiar grama bank , saptagiri grameena bank .
bank of baroda customers can make fund transfers through neft or rtgs to any bank account in india .
it can be accessed and used by everyone anytime anywhere with an internet bank account with bank of baroda .
8 . 03 there are eight rrbs in the region , two in assam and one each in the remaining six states . there are no rrbs in the state of sikkim . five rrbs sponsored by sbi are in the states of assam , arunachal pradesh , meghalaya , mizoram and nagaland , while three rrbs sponsored by ubi are in assam , manipur and tripura . before amalgamation , there were 11 rrbs . the largest north - east rrb , i . e . assam gramin vikas bank , having 354 branches , was formed on january 12 , 2006 through amalgamation of four rrbs , viz . cachar gramin bank , lakhimi gaonlia bank , pragjyotish gaonlia bank and subansiri gaonlia bank , all sponsored by ubi in assam , with its head office at guwahati .
the task force report is the product of many collaborative efforts . the task force met and discussed on various aspects of empowerment of boards of rrbs for operational efficiency . the task force wishes to place on record , its gratitude to dr . y . v . reddy , governor , reserve bank of india for entrusting this task of national importance as also for providing necessary guidance . smt . usha thorat , deputy governor , reserve bank of india had taken initiative to call a consultation meet of commercial banks and gave valuable inputs for the task force . we thank her as well as all the senior personnel of rpcd of reserve bank of india . the task force generated and considered a vast amount of materials in its deliberations and meeting with stakeholders and others . we would also like to mention the cooperation received from nabard officials of uttar pradesh ro , lucknow , bihar ro , patna and assam ro , guwahati , and the chairman and staff of baroda eastern up gramin bank , assam gramin vikas bank , and uttar bihar kshetreya gramin bank , who not only coordinated the field visits at their end , but also provided significant inputs .
the first four alphabets , barb , denotes the name of the bank , i . e . , baroda bank 0 - for future use
jointly owned by govt . of india , govt . of puducherry & indian bank
000136 - indicates the particular branch of baroda bank ( calicut city branch ) .
1 . shri g . c . chaturvedi , ias , joint secretary , ministry of finance , government of india 2 . shri a . k . das , special secretary , government of west bengal 3 . dr . k . v . rajan , regional director , reserve bank of india , bhopal 4 . shri k . bhattacharya , general manager , rural planning & credit department , reserve bank of india , mumbai . 5 . shri anup banerjee , dy . managing director , state bank of india , ho , mumbai 6 . shri v . k . nagar , general manager , punjab national bank , ho , new delhi 7 . shri t . v . bhat , general manager , syndicate bank , ho , manipal 8 . shri n . s . bose , chairman south malabar gramin bank , malappuram , kerala
8 . 06 a review of the bank - wise performance ( annexure 8 . 1 ) reveals that where business levels have not been raised and / or where npa ratios have not been reduced , the banks have not been able to improve the operational performance and their accumulated losses have increased . these include langpi dehangi rural bank , arunachal pradesh rural bank , nagaland rural bank and manipur rural bank . in the case of three banks viz . arunachal pradesh rural bank , manipur rural bank and nagaland rural bank , the level of npas at 60 . 3 , 33 . 3 and 32 . 8 per cent , respectively and continued to be very high . the langpi dehangi rural bank in assam covers only two backward hilly districts of karbi anglong and n . c . hills and its poor financials are partly due to the limited scope for business . langpi dehangi rural bank , manipur rural bank and nagaland rural bank have low staff productivity levels ( rs . 77 . 6 lakh , rs . 66 . 1 lakh and rs . 73 . 9 lakh , respectively ) and branch productivity levels ( rs . 322 . 9 lakh , rs . 209 . 8 lakh and rs . 40 . 3 lakh , respectively ) as compared with the average in the ner ( staff productivity : rs . 130 . 85 lakh and branch productivity : rs 645 lakh ) . incidentally , it is observed that except assam gramin vikas bank and manipur rural bank , per staff business in the remaining rrbs is much less than the all india average ( annexure 8 . 2 ) .
the government lender , bank of baroda opened its 111 th branch in the kadapa district of andhra pradesh . the branch was inaugurated by k venkateswarlu , the bank’s zonal manager .
there are different loan products of the bank offered to the public . for details click loans
shri . g . mahendra , deputy general manager , indian bank – corporate office , chennai .
the bank was established on 15th august 1907 as part of the swadeshi movement and so proudly shares its founder ' s day with nation ' s independence day . indian bank was one among the 14 banks nationalized on july 19 , 1969 . in 2007 the bank became a public listed bank . as on 31 . 12 . 2017 , the government of india was holding 81 . 87 % of the equity capital of the bank with the balance 18 . 13 % with the general public .
couldn ' t find a bank location with your criteria . please try again by changing search terms .
besides , ifci limited , shri anshuman sharma is also on the board of india post payments bank limited .
( i ) one official each from rbi , nabard and the state govt . and two from the sponsor bank
the above can be used for online funds transactions via neft , rtgs and imps to any baroda bank account .
while making a neft or rtgs transaction with bank of baroda , customers need to provide the below given information .
ifsc codes and micr codes can be easily procured if the bank’s full name and the branch is known . users can conveniently find micr codes and ifsc codes printed on cheque books / leaves issued by bank of baroda . the reserve bank of india site also offers the complete list of ifsc codes required for customers . apart from the bank’s official website , the other sources available for getting ifsc codes are either third party financial websites or fiscal comparison websites .
bank has two subsidiaries : 1 . indbank merchant banking services ltd . for details click indbank merchant banking services ltd .
for powers and duties of the officers and employees of the bank click job roles / duties of employees and officers .
pandyan grama bank , administrative office , 2 - 70 - 01 , collectorate complex , virudhunagar - 626 002 . tamilnadu .
the activities of the bank are covered by the banking regulation act and the directives of rbi issued from time to time .
the closing position of bank of baroda’s non - performing assets ( npa ) stood at just under 10 % for the financial year ending 2016 following the bank’s acquisition of standard loans from a number of different banks . these loans were acquired with tenors of three to four months , which helped the bank lower its proportion of bad debt in its total loan book . over the duration of the previous month , bank of baroda acquired standard loans to the tune of rs 7 , 400 crore from a variety of banks , with a buyback clause inserted in the agreements . a spokesman for the bank stated via email that bank has undertaken transactions under the ibpc scheme on a risk sharing basis with various banks to the extent of rs 7 , 400 crore as on march 31st 2016 for a period of 91 days to 120 days based on guidelines issued by the rbi . customers looking to make money transfers to bank of baroda accounts can do so by using the bank’s ifsc code for the relevant area .
farmers clubs programme implemented by the bank in co - ordination with nabard helps to propogate the principles of development through credit and it is the grass root level informal forum aims at creating a cordial relationship between the bank and farming community for mutual benefit .
there is no arrangement for consultation with the members of public in formulating any of the policies of the bank . however , as directed by rbi , the standing committee on customer service at corporate office includes five customers of the bank representing the public .
indian financial system code ( ifsc ) is utilized for electronic payment applications like real time gross settlement ( rtgs ) , national electronic funds transfer ( neft ) , immediate payment service ( ipm ) , a bank - to - bank electronic instant mobile money transfer service ( imps ) , and centralized funds management system ( cfms ) designed by reserve bank of india ( rbi ) .
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the bank aims to drive change in the banking sector through investment in internal resources and strategic partnerships with young and enthusiastic companies .
real time gross settlement system ( rtgs ) settlements are done on an individual basis by the bank . no charge is levied for rtgs transfers and customers have to make transfers as per the bank’s regulations . funds can be transferred anywhere within india using this service .
in the recently concluded all india rbi rajbhasha shield competition ( 2014 - 15 ) organized by the country’s apex bank , bank of baroda bagged prizes across four categories of awards . this competition is held every year for public sector banks and financial institutions across the country .
started in 1908 as a small financial enterprise , the baroda sun identified with the logo of bank of baroda has risen to be one of the leading international banking institutions . bank of baroda’s story of growth has been one with corporate vision , keen governance and financial prudence . bank of baroda has been a harbinger of social change , efficiently catering to their clientele with innovative solutions and always being a constant partner providing assistance for their different financial needs . bank of baroda now offers a wide range of products to its large customer base with exciting benefits and advantages . bank of baroda car loans are widely sought out by customers for their low charges , additional concessions and exciting discounts .
puduvai bharathiar grama bank , puducherry has invited applications for recruitment at various posts . the interested and eligible candidates can apply by february 27 .
( i ) to co - ordinate , guide , facilitate and focus all internal control measures including addressing external supervision issues in the bank .
bank has 3 overseas branches - one in singapore , for details click singapore and 2 in srilanka . for details click colombo and jaffna .
ifsc code : and micr code : ; bank of baroda address : , - ; branch code is , contact number : , bank of baroda timings : monday to friday : 10 am to 4 pm , saturday - 10 am to 4 pm ( except 2nd and 4th saturday ) .
retail mortgage loan applicants may have to settle for a rating - based lending rate when they apply with bank of baroda . the bank is all set to consider credit rating of loan seekers in order to decide the rate of interest at which it will lend to retail mortgage loan borrowers .
besides the bank provides 24x7 banking service through atms spread all over the country . for location of atm and its address click : atm network .
for savings bank deposit , additional interest of 1 . 00 % p . a . is offered to staff / eligible ex - staff members .
as per section 4 ( 2 ) of rti act , bank disclosed the information suo motu as under : for details click on the link .
bankbazaar , which is a popular financial comparison site , gives a comprehensive table carrying ifsc codes for bank of baroda’s branches within india . any user visiting the bankbazaar website has to select the bank ifsc code link present at the bottom of the main page . customers clicking on this link will be taken to a second page carrying four dropdowns . customers have to enter certain details like state , bank , branch and district in order to get ifsc codes or micr codes for bank of baroda . the generated table also contains the phone number , address of the branch , name , branch code etc .
bank of baroda is one of the most reputed banks that is a pioneer in numerous customer centric activities within the indian banking sector . bank of baroda provides services and products such as loans , debit and credit cards , deposits , remittances , demat services , electronic clearing services and government business , among others .
dr . emandi sankara rao is currently serving as md & ceo of ifci ltd , a government of india undertaking . ifci is the oldest financial institution and the first development finance institution of the country set up in 1948 and has been contributing towards indian economic growth through development of infrastructure and industry . dr . rao is also the chairman of ifci group companies and institutions namely stock holding corporation of india ltd , ifci venture capital funds ltd , ifci factors ltd , management development institute – gurgaon & murshidabad and institute of leadership development . he is an alumni of iit bombay ( phd ) , iit kharagpur ( m . tech ) , pondicherry central university ( pgdba ) and andhra university ( b . e . electrical engineering ) .
5 . section 11 of the rrb act 1976 provides for the sponsor bank to appoint the chairman of rrbs from among its officers . the task force recommends that the chairman be selected on merit and appointed by the sponsor bank from amongst a panel of qualifying officers in coordination with nabard . ( para 2 . 19 )
walk - in clients are allowed to transfer fund to any other bank , which is covered under neft if the amount does not exceed inr 50 , 000 .
19 . the task force feels that there is considerable scope for enhancing treasury income of rrbs by adding depth to their investment portfolios . they may also be enabled to place their short - term surpluses for cblo investments through any commercial bank . investments in stdrs and inter bank – inter rrb deposits / inter bank participatory certificates , may also be permitted . scope for investment under slr could be considered for extension to goi bond , state government bond , treasury bill , central / state govt . guaranteed bonds and other approved securities . rrbs may also be allowed to deal in nre / fc / nrb / fcra , certificates of deposits , etc . in consortium with sponsor bank . besides , rrbs should be given freedom to place their money in term deposits with any bank . ( para 3 . 32 )
based on the central and state laws , corporate office has prescribed the list of various documents to be held / maintained by the branches / offices of the bank .
4 . 1 . the reserve bank of india in their letter dated 11 september 2006 also indicated that the following points might be taken into consideration by the task force .
venkateswarlu addressed the occasion , where he said that bank of baroda has become india’s second–biggest public sector lender with a revenue of rs . 10 lakh crore . he also added that the bank began its operations in gujarat in the year 1908 and expanded its branches to 5 , 411 all over the country as well as 26 more in 25 countries .
all branches and offices of the bank are provided with the copies of manuals of instructions and circulars for discharging their functions effectively . for list of manuals = > click manuals .
2 . 30 by its very composition , the board is dominated by the sponsor bank nominees . it is true that once the chairman takes up position in the rrb , he identifies himself with the bank . however , often his seniors from the sponsor bank are nominated on the board , which effectively takes away his freedom to decide on important issues . while it has been widely acknowledged that the representatives of other stakeholders played a constructive role in business expansion , the role of the state government nominees was limited by absence or narrow concern about the participation of the bank in various subsidy schemes . similarly , the non - official directors had a negligible role to play in the governance of rrbs in many cases .
1 . 20 at present , rrbs cover 525 districts in the country . as per data available , 80 districts in the country are yet to be covered by rrbs . there is a need to ensure that all districts in every state / union territory are covered by rrbs . at present , there is no coverage of rrbs in districts such as sikkim ( 4 districts ) , goa ( 2 districts ) , andaman and nicobar islands ( 2 districts ) , daman & diu ( 2 districts ) , lakshadeep , delhi , and chandigarh ( 1 each ) as well as pondicherry ( 4 ) . similarly , 18 districts in tamil nadu , 10 districts in arunachal pradesh , 5 districts in kerala 3 districts in meghalaya , and 6 districts in nagaland are yet to be covered by rrbs . the feasibility of covering the uncovered districts may be explored .
the norms for discharge of the functions of the bank are based on rbi directives with board’s approval . for time norms for certain services click time norms for certain services in normal circumstances .
regarding the system of compensation in the bank , it is informed that for officers , it is fixed as per officers service regulations and for employees it is based on bi - partite settlement .
the public are informed that the sanctioning authorities shall decide to sanction a loan exercising the powers conferred by the bank after taking into consideration the facts , figures and merits of each loan proposal . .
6 . 07 concurrent audit , regular internal inspection by the bank , management audit by the sponsor bank , statutory audit by the statutory auditor and statutory inspection by nabard , are independent instruments of supervision . these should not be construed as overlapping as the perspective and focus of these systems are qualitatively different . all banks should be subjected to these processes . the audit machinery , methods / tools , need to be upgraded and new audit classification norms may be introduced . the key officer - in - charge of the supervision cell of the bank must ensure that these are taken up in a coordinated manner .
please save the url of the refurbished site in your favourites as we will give up the existing site shortly and register or re - register yourselves for receiving rss feeds for uninterrupted alerts from the reserve bank .
bob received second prize in linguistic region a & b ; and also a consolation prize under c region . the bank also received an award for its in house journal bobmaitri under the bilingual house journal category .
there is no provision of budget allocation for bank for proposed expenditure and disbursements . this provision is not applicable to banks . there are targets furnished to the various functionaries at zonal level for mobilizing business . .
3 . 27 with the application of income tax to rrbs from the current financial year , rrbs will have to pay income tax on such interest earnings , resulting in further reduction in returns on investment . at present , while making investment in the under noted avenues except in fdrs , rrbs seek advice from the concerned department of the sponsor bank as under : investing in tier ii bonds of sponsor bank and other banks .
one of the foremost public sector banks within the country , bank of baroda has acquired the rights for semi - naming of the sikanderpur metro station in gurugram . this station will be known as bank of baroda sikanderpur metro station . this concept of procuring semi - naming rights is a concept that has only recently been introduced in india and is used primarily for the purpose of branding . it is to be noted that this is the first time a public sector bank has procured the semi - naming right of a metro station . sikanderpur is an interchanging metro station and is the only one that connects directly to the gurgaon rapid metro .
bank of baroda statement 0n the verdict passed by the hon’ble free state high court , bloemfontein on 12 . 06 . 2018 , on its appeal for revision of the preservation order passed on 27 . 03 . 2018
v . in the rrbs for arunachal pradesh , the financial margin as on 31 march 2005 is negative ( i . e . , - 1 . 6 % ) which leads to negative net financial margin . this is a matter of concern as regards the long term survival of the bank and a viability study may be taken up specifically by sbi / sbird , hyderabad to address the issues of operational viability of the bank .
dear customer , net / mobile banking & atm services will not be available from 8th july 2018 4 : 00 am to 8 : 00 am due to maintenance activity . regret for the inconvenience caused - indian bank
in a bid to encourage merchants , and establishments to adopt cashless transactions , public sector lender , bank of baroda is offering free pos devices to current account holders , till the end of december . the installation charges has been waived . t p misra , the regional manager of the panaji region , said that the bank has appealed to all merchants to install the pos machine or qr code mode of payment , so that commercial enterprises can reduce their dependency on cash . bob has also launched a mobile banking platform called mconnect plus , along with other internet banking facilities . the bank is also promoting its mobile wallet , mclip , to enable cashless payments .
bank of baroda has declared that they have partnered with creditmantri to unveil an innovative credit device in which they can garner information from all data sources to gauge customer’s credit worth and risk factor . this is yet another praiseworthy attempt on the bank’s part to ensure complete digitalization in their banking procedures . this new approach is helpful to understand the applicant’s repayment history and credit requirements better without having to resort to a whole lot of cumbersome paperwork .
the reserve bank of india has assigned ifsc codes to all banks in india to identify branches when fund transfers are made . the use of an ifsc code is mandatory while making interbank transfers like neft and rtgs across any bank in india . online money transfers can be made without any confusions using ifsc codes and micr codes . the first four letters in an ifsc code indicate the name of the bank and the last six numbers help identify the beneficiary’s branch . the zero in the middle is a control character and is reserved for future use . ifsc codes help eliminate the risk factor while making money transactions and make sure that the funds reach the right recipient at the right branch .
the bank has a three tier organizational set up comprising its corporate office at chennai , 41 zonal offices and 2736 branches as on 31 . 12 . 2017 spread all over the country besides 3 overseas branches in singapore and srilanka .
the joint customer service committees at zonal level and branch level are constituted with bank customers as members to offer their suggestions / grievances in the committee meetings and the committee meeting is held every month at zonal level / branch level .
besides the above , concessions in charges for various services rendered are extended to select category of customers viz . , individuals in rural area , senior citizens , students , defence personnel , government departments , ministries , blind / differently abled , institutions , co - operative / land development bank , service co - operatives and drda , pm / cm relief funds , religious welfare services / charitable institutions , landless agriculture labourers , regional rural banks sponsored by the bank etc .
the public sector bank plans to engage these new partners in customer acquisition , launch of new products , and better service for its customers in areas such as sme financing , algorithmic lending , bill discounting , retail lending and wealth management .
the bank has decided to internally switch to this process of credit - based rating since it helps the bank identify the right borrower , and eases out the probability of loan default . banks in india have been charging corporate customers based on their credit rating however , this is the first time the same is being applied to retail customers as well . the approach will not just make good customers enjoy better rates but will also push customers towards maintaining a healthy credit history .
indian bank provides convenient educational loans for meritorious / deserving students to acquire knowledge and skill in the field of their interest . by playing beacon , new - generation ' s quest for success is ably supported , paving way for generation banking .
india lends will help the bank expand the consumer lending market , companies would get an alternate way to fund their operations through kredx’s invoice - discounting platform , and fisdom will make the investment advisory industry more accessible and understandable through their personalised financial advices .
to meet the production credit requirements of the farmers in a timely and hassle - free manner , bank has implemented the scheme in letter and spirit and thereby , sanctioned ` 882 . 51 crore by issuing 353905 kisan credit cards during the year 2015 - 16
we record our sincere thanks to govt . of india , reserve bank of india , rrbs across the country , various state governments , rrb associations and numerous individuals and organisations which participated in the consultation meetings and those who gave their views in written memoranda .
our bank implements certain subsidy loaded loan schemes of central government and state government viz . pmegp scheme , uyegp scheme , technology up gradation fund scheme ( tufs ) for textile industry , needs , tahdco etc . . offering certain percentage of subsidy of the loan projects .
2 . 27 it is not enough if the board sets appropriate goals and objectives . they have to be widely shared and made part of the culture and activities of the organisation . motivation through example and two - way communication becomes very important . informal communication is as important as the formal one . the top management should not only be in constant touch with the intermediate and cutting edge levels at branches but also with the clients . the board should review the efficacy of this approach . the client should feel comfortable approaching the rrbs . the bank’s products and relationships should reflect this concern . the generic products should be presented in a way that appeal to the rural customers . for instance the erstwhile siwan rrb in bihar made a success of its loan product for foreign education . the poor people had no hesitation to approach prathama bank in moradabad of up . the members of shgs and farmer clubs felt that they were part of the bank itself . the board should ensure that the objectives get translated as products and practices that encourage the rural population to deal with the bank .
general ledger accounting petty cash handling . new tin no . & gst registration process bank reconciliation statement brs day book maintaining purchase invoice maintaining sales invoice maintaining monthly purchase report prepared monthly sales report prepared expenses and voucher maintained stock maintaining system billing customer handling marketing knowledge price fixation receipt and payment maintainence
bank of baroda does not levy any charge for a neft transfers and settles transaction as batches during weekdays and on saturdays . the money will be sent to the beneficiary within the same day or by the next working day . neft transactions are done based on deferred net settlements ( dns ) .
2 . 03 reserve bank of india is the central bank of the country . it performs a wide range of promotional functions to support national economic policy objectives . it is the regulator and supervisor of the financial system . it prescribes broad parameters for banking operations within which the country’s banking and financial system functions , so as to ensure stability . as per the provisions of the rrb act , 1976 , rbi represents the goi on the boards of rrbs . recently rbi has constituted empowered committees for rrbs on a state - wise basis the role of which has been examined in detail separately in this chapter .
10 . the board of directors are to be made more independent by providing them a broader policy framework within which the rrbs should develop their own operations and policies . it is recommended that each bank’s board take total responsibility for business policies . as regards staffing pattern and hr issues , each bank’s board can finalise the staff requirements of branch / controlling office within the prescribed ceiling , based on earlier experience as also efficiency and business requirements . directors on the board of rrbs should be free from any personal business or other relationship with the rrb that could interfere with their independent judgment . ( para 2 . 22 )
rrbs may be allowed to participate in the call money market . this will augment the profitability of the bank as the surplus funds can be invested on daily basis and earn interest at an average rate of 6 % . to participate in call money market , rrbs may need some initial guidance from sponsor banks .
iv . to solve the long term need for trained bank officials in the north eastern region for all commercial banks , rrbs , financial institutions including mfis and nbfcs , it is suggested that the iibm guwahati may consider implementing a one - year course on banking and finance based on the nibm , pune syllabus .
( iv ) provide guidance to the rrbs on operational issues / problems , implementation of lead bank scheme and service area approach , investment of non - slr surplus funds , performance under annual action plan and priority sector , credit under various government sponsored programmes , prudential norms , branch expansion / rationalization programme , etc .
in a bid to settle an outstanding loan with kohinoor mills , bank of baroda ( bob ) has acquired a stake in a property owned by the former . the deal contains a clause which states that bob can sell the stake back to kohinoor mills after expiry of three years from the date of signing the contract .
30 concurrent audit , regular internal inspection by the bank , statutory audit by the statutory auditor and statutory inspection by nabard are independent instruments of supervision and rrbs may be subjected to these processes . the audit machinery , methods / tools , need to be upgraded and audit classification norms may be introduced . ( para 6 . 07 )
bank of baroda ( bob ) , which was smashed by an inr 6000 crore overseas exchange swindle at one of its numerous branches , is now working towards coming up with a centralized monitoring and tracking system to spot indiscretions immediately . bob has brought in deloitte to put together a stronger kyc ( know - your - customer ) system to identify fraudulence instantly . this came 30 days after the finance ministry pulled in ey to look into the forex con where black money was ostensibly sent from the bob’s ashok vihar branch to hong kong . apparently the rbi had come down hard on all public sector lender after the so - called scandal and they have requested every public bank to make their safety measures and policies more stringent . under this new agenda , bank of baroda will present resourcefulness like cooling term for forex transfer for new consumers , pre - consent of some money transfers and decreasing threshold limits on remittance numbers in a specific tenure . yes , even neft / rtgs transactions using ifsc codes fall under this .
23 . there may be occasions when the rural bank would have opportunities to finance in excess of the exposure limits under regulatory norms or self - imposed norms by the board of directors . in such a case , rrbs may join in consortium finance arrangements on pari passu basis with public sector banks / dfis . ( para 4 . 16 )
4 . 17 credit becomes an effective instrument of development when it is coupled with relevant knowledge inputs . farmers need both technological and commercial information . the former will include soil and water management , agronomical practices , inputs management , organic farming , precision approach , etc . the latter is about demand and supply projection , price discovery , crop diversification , contract farming , organizing producer groups / companies , etc . the bank may arrange both technical and commercial extension services with the help of concerned agencies and technology platforms . product development 4 . 18 the bank should develop savings , credit and other product lines keeping in view the existing and potential requirements of the clientele . this is the marketing approach . the bank should be one step ahead in meeting the rural clientele needs in a way that is acceptable . all processes relating to banking should be user friendly at minimum cost and inconvenience to the customer and the bank itself . this is a cultural question rather than directions from above . 4 . 19 the credit products should address the needs of all those who want to help themselves through new ventures and improving and expanding existing enterprises in all the three sectors which appreciate the needs of the customer in a flexible way . the principle of credit is that there is a liquidity shortage in the initial stages of any venture . the bank has to look at the total needs of the venture and not confine itself to certain components . depending upon the assets and income level of the entrepreneur , the involvement of the borrower could be fixed . there is also the risk perception . developing a continuing relationship banking is a collateral substitute . blind application of unit costs is not good banking . finally , banking skills is about recognising what is acceptable risk .
iii . in arunachal pradesh rrb , the financial margin as on 31 march 2005 is negative ( i . e . , - 1 . 6 % ) . therefore , a viability study may be taken up specifically by sbi / sbird , hyderabad to address the issues of operational viability of the bank . ( para 8 . 9 - v )
ii . to solve the long term need for adequately trained bank officials in the north eastern region for all commercial banks , rrbs , financial institutions including mfis and nbfcs , it is suggested that the iibm , guwahati may consider implementing a one - year course on banking and finance on the lines of nibm pune syllabus . ( para 8 . 9 – iv )
16 . the task force recommends that chairmen of rrbs , should also be appointed as members of the empowered committee ( ec ) constituted by rbi to bring in more efficiency in the functioning of rrbs . the empowered committee may ensure that no rrb is constrained in its business decisions by sponsor bank and that requisite support is forthcoming . ( para 2 . 36 ) .
2 . 04 as per section 2 ( g ) of the rrb act , 1976 , the sponsor bank is identified as a bank . sponsor banks besides sponsoring the rrbs , also subscribe to 35 % of the equity . as per section 3 ( 3 ) of the act , the sponsor banks have to aid rrbs by providing management and financial assistance . sponsor banks also appoint chairmen from among their own officers or otherwise , nominate two directors to the board of the rrbs and depute such number of officers and employees as may be necessary for smooth functioning of rrbs . the sponsor banks provide refinance support to rrbs and help in maintaining liquidity . the various functions of the sponsor banks in relation to the rrbs are listed in annexure 2 . 2 .
citizen’s charter is ported in our web site urltoken for details click citizen charter . for details of contacts click c ontacts , for details of corporate governance clic corporate governance , all the branches of the bank subscribe one vernacular and one english daily news papers for the use of public . the working hours of the branches are displayed in the branch premises in bold letters for the information of the public .
13 . the task force suggests that the role of sponsor bank should be supportive and broadly confined only to : ( i ) extending management support as required by rrbs . ( ii ) nominating its share of members in the board of directors to provide expert advice to rrbs . ( iii ) providing funds for which the rrbs may also have the freedom to choose from any bank / financial institutions . ( iv ) providing expert guidance / help in investment related issues for which rrbs may also have the freedom to choose from alternatives , if available from other banks / primary dealers and ( v ) conducting management audit till alternative arrangements are made by the rrbs themselves . ( vi ) assisting rrbs in all hr matters as may be referred to them by the rrbs . ( para 2 . 32 ) .
risk management committee to take care of asset - liability management , credit risks , decisions on interest risks and review of interest structure , as also for effective recovery policies including compromise and settlement procedures . the risk management committee may not wholly consist of directors . the committee may be constituted with the chairman , one of the board members having knowledge on the subject and 2 / 3 senior officials of the bank .
in the changed scenario after amalgamation , there is a need to review the relationship of sponsor bank vis - à - vis rrb . sponsor banks are sometimes perceived as competing in the same business and product market space with rrbs . the relationship between sponsor banks and rrbs needs to be changed into a synergistic one , beneficial to both banks . as already announced by finance minister , sponsor banks are squarely responsible for the performance of the rrbs sponsored by them . therefore , the task force recommends that an mou be executed between the sponsor bank and the govt of india as regards the performance of rrbs under various key parameters such as incremental growth in business , outreach , profitability , improvement in cd ratio , reduction in npas , etc . in turn , sponsor banks may , as usual , sign mous with their sponsored rrbs .
20 . savings products form the core services provided by rrbs . next in order of importance are micro credit products and project finance , housing , education , personal loans which are a part of the credit portfolio . the rrbs may focus on enhancing incomes from other sources by way of issue of bank guarantees . rrbs in consortium with sponsor bank may enter in to remittance services not only within the district / state but also across the country and in some cases to foreign countries , life and non - life insurance including crop insurance , animal insurance and health insurance , transacting in government securities , mutual funds and equities on behalf of clients , etc . similarly , capital - gains deposit accounts , collection of taxes and other government business and salary disbursements are other service products that can boost rrbs income . ( para 4 . 12 )
creditmantri will help the bank develop data - based algorithm for sme credit underwriting , while fundstiger will help improve small business’s access to capital and use technology to lower the cost of loan application processing . with probe42 , bob will leverage information about small , medium and large corporates for lending and banking purposes , and power2sme’s tech - enabled platform will allow access to credit - worthy smes and to their complete transaction history .
1 . 06 the credit portfolio of banks has changed markedly during the last 10 years . personal loans grew faster than any other segment . it increased from 9 . 3 % of the total bank credit in 1996 to 22 . 2 % in 2005 . this consists mainly of housing loans that increased from 2 . 8 % of the bank credit to 11 % over the period . other personal loans comprising loans against fixed deposits , gold loans and unsecured personal loans also rose from 6 . 15 to 10 . 7 percent . in contrast , there has been a sharp decline in the share of lendings to industry . credit to industry as a whole fell from 48 . 8 percent to 38 . 5 percent and for small - scale industries , it fell from 10 . 1 % in 1996 to 4 . 1 % in 2005 .
i . the task force examined the specific issues of rrbs in the ne region . it endorses the recommendations of the committee on financial sector plan for north eastern region , set up under the chairmanship of smt . usha thorat , deputy governor , reserve bank of india . the recommendations relating to rrbs , may be implemented at the earliest so as to strengthen the rural banking infrastructure as the rural cooperative credit structure is poor .
the information relating to public is ported in the bank’s web site from time to time . for details of financial results click : financial results , for information relating to investors click investors , for annual reports click a nnual reports . and for criteria for selection of concurrent auditors click empanelment of audit firms for conducting concurrent audit . the information under section 4 ( 1 ) ( b ) of rti act is updated annually in the month of february .
touted to be a win - win situation for both the parties , it will lead to untagging the rs . 90 crore outstanding loan as a non - performing loan for the bank . for kohinoor mills , this deal with save them from the embarrassment of being tagged a defaulter and put them in a better position to approach other lenders for completion of this project . the realty project will house a hotel along with residential and commercial units once completed .
prof . n . balakrishnan was the chairman of data security council of india and is currently one of its directors . he is also on the board of indian institute of information technology and management , kerala and equitas small finance bank limited . he has also been in the past , a member of the national security advisory board . he was also one of the directors of the bharat electronics limited ( bel ) , and a part - time member of the telecom regulatory authority of india .
2 . 14 the top policy making body of any progressive institution should reflect a fair cross section of the public interest and that of other important stakeholders whose well being is closely linked with the fortunes of that institution . the flavour of times and dictates of public policy demand representation to women in top policy making bodies . a non - institutional minority shareholder or a long - term depositor of a bank is another important stakeholder interested in the fair performance of that bank . similarly , human resources in organisations are no more to be considered liabilities and many organisations with a modern outlook have started accounting them as assets in the annual financial statements . while considering the struggling past of rrbs , notwithstanding the hiccups of occasional agitations and legal battles with banks ' management , sometimes , even on trivial issues , the task force cannot but acknowledge the contributions made by the field personnel in ramping up business volumes . the employees of rrbs are important stakeholders who could hugely influence the fortunes of the institutions .
with a view to increasing the operational efficiency of rrbs , reserve bank of india vide its letter no . rpcd . co . no . rrb . 2584 / 03 . 05 . 33 ( f ) / 2006 - 07 dated 11 september 2006 set up a task force to deliberate on areas where more autonomy could be given to the boards of rrbs , with broad terms of reference and additional areas to be covered . a brief summary of the report including background and important recommendations of the task force , is presented below :
9 . the rrb act , 1976 provides for setting up of committees within the bank or as sub - committee of the board , as may be needed . it is , therefore , suggested that the board of directors of rrb may constitute such committees as may be required by them for efficient operations of the respective banks but they must necessarily have the following committees : ( i ) risk management committee ( ii ) management committee ( iii ) investment , hr and it committee and ( iv ) audit committee ( para 2 . 21 )
24 . credit becomes an effective instrument of development when it is coupled with relevant knowledge inputs . farmers need both technological inputs and commercial information . the former will include soil and water management , agronomical practices , inputs management , organic farming , precision approach , etc . the latter is about demand and supply projection , price discovery , crop diversification , contract farming , organizing producer groups / companies , etc . the bank may arrange both technical and commercial extension services with the help of professional agencies and technology platforms . ( para 4 . 17 )
( i ) extending management support as required by rrbs . ( ii ) nominating its share of members in the board of directors to provide expert and unbiased advice to rrbs . ( iii ) providing funds for which the rrbs may also have the freedom to choose from any bank / financial institutions . ( iv ) providing expert guidance / help in investment related issues for which rrbs may also have the freedom to choose from alternatives , if available from other banks / primary dealers . ( v ) conducting management audit till alternative arrangements are made by the rrbs , themselves .
1 . 21 recently , reserve bank of india has urged all banks to review their practices to promote financial inclusion . they have been advised to open no - frill accounts with minimum balances . new credit delivery models like business correspondents , business facilitators , postal services , etc as well as new technologies are being experimented with so as to reach the unreached customers . there is considerable imbalance in credit deployment by the banking system among many states of the country vis - à - vis the deposits generated therefrom . a comparison between deposits and credit of scheduled commercial banks with nsdp in different states is revealing :
right to information act the government of india has enacted the right to information act 2005 replacing the freedom of information act . in order to promote transparency and accountability in the working of any public authority , the act provides the right to citizens to secure access to information of general nature . the public sector banks are
public authorities
for the purposes of this act . information available under the act as far as the banks are concerned the relevant provision that have already come into force are sections 4 ( 1 ) , 5 ( 1 ) & 5 ( 2 ) . the right to information includes an access to the information which is held by or under the control of the bank which comes under public authority and includes the right to inspect the work , document , records , taking notes , extracts or certified copies of documents / records and certified samples of the materials and obtaining information which is also stored in electronic form . the information exempted from disclosure the act provides under sections 8 and 9 , certain categories of information that are exempt from disclosure to the citizens . the public may also refer to the relative sections of the act before submitting a request for information . how to get the information ? any citizen can request for information by making an application in writing or through electronic means to public information officer ( pio ) placed at corporate office , indian bank , 254 - 260 avvai shanmugam salai , royapettah , chennai - 600 014 . it can also be submitted in any of the bank’s branches / zonal offices . citizens can also submit request through online portal by accessing the link urltoken where the rti fees can be paid online and upon submission of the request the requester gets the registration number and can track the application . the application shall be disposed of in accordance with the section 7 of rti act . .