Appu Nedungadi established the bank in 1899,[1] in Calicut, Malabar District, British India (present day Kozhikode, Kerala, India).
[4] Over time, Nedungadi established 174 branches, including branches at all major metropolitan cities such as New Delhi, Calcutta, Madras, Bombay, Ahmedabad, etc.
[1] In 2002, the Joint Parliamentary Committee (JPC) probing a stock scam pointed out discrepancies in the conduct of business by Nedungadi Bank.
[1] At the time of the merger with PNB, Nedungadi Bank's shares had zero value, with the result that its shareholders received no payment for their shares.
[6] This bank and insurance-related article is a stub.