BOR Full Form
by Yogi P - October 5, 2023
Full form of BOR
BOR stands for Bank of Rajasthan. It was a private sector bank in India that merged with ICICI Bank in 2010.
A brief history of BOR
BOR was founded in Udaipur, India, in 1943. It was classified as a Scheduled Bank in 1948. In 1983, BOR established Mewar Anchlik Gramin Bank, a rural bank, in the Udaipur District of Rajasthan.
Merger with ICICI Bank
In 2010, BOR merged with ICICI Bank, one of the largest private sector banks in India. The merger was approved by the Reserve Bank of India (RBI) in December 2009 and was completed in October 2010.
Conclusion
BOR is no longer an independent bank, but its legacy lives on as part of ICICI Bank. ICICI Bank is a leading bank in India and offers a wide range of banking and financial products and services to individuals, businesses, and the government.