Issued by India

Issued on Dec 23, 2010

Issued for : Central Bank of India celebrated its Centenary Year during December 2010. To commemorate the event India Post is happy to issue a postage stamp on Central Bank of India.

Credits :
Stamp/FDC/Cancellation : Alka Sharma

Type : Stamp, Mint condition

Colour : Multi colour

Denomination : 500 Paise

Stamps Printed : 1.0 Million

Printing Process : Wet Offset

Printer : Security Printing Press, Hyderabad

About : 

• The Central Bank of India was founded on 21^st December 1911 by Sir Sorabji Pochkhanawala a visionary with a desire to start a commercial bank owned by Indians & for Indians. The birth of the Bank with its Indian shareholders, Indian staff and Indian customers was the crystallization of Sir Sorabji‘s dream of setting up a truly “Swadeshi Bank“. Sir Sorabji proclaimed with pride that Central Bank was the property of the nation and the country’s asset and added that, Central Bank lives on people’s faith.
• After independence, India began a new life and accelerated the pace of industrialisation through its five-year plans to bring all round economic and social growth. In this scenario, the role of banking system had become crucial. Central Bank of India accepted the challenge of the times and steadily diversified and widened its activities to meet the changing economic progress. Central Bank of India has many firsts to its credits. It was the first to introduce a special ladies department. Introduce Safe Deposit Vault in Bombay in 1926 and launched its own credit card – “Centralcard“.
• The story of Central Bank of India is one of resilience, innovation and sheer grit. It has grown to become one of the largest banks in India. Today, Central Bank of India caters for the service needs of Indians across the country. It has opened branches all over the country with a network of 3548 branches of which 1379 branches are functioning in the rural areas, 890 in semi-urban area and the remaining in Metros.
• The bank has formulated schemes to bring the weaker sections of the society into the banking stream by distributing crores of rupees as loan to uplift their socio economic status.
• Social Security Schemes such as ‘Janashree Bima Yojana‘ to provide life insurance cover to rural and urban women. ‘Rashtriya ‘Kishan Bima Yojana‘ to farmers, ‘Cent Janata Credit Cards‘, Rural Godowns and Warehouses / Cold Storages, Rural Development & Self Employment Training Institute, to provide entrepreneurship training to rural youth, ‘Indira Awas Yojana‘ to provide top-up loans for construction of dwelling units and ‘Kishan Sathi‘ scheme have been launched.
• The Bank received the National Award 2009 for excellence in propagating Khadi & Village Industries.
• Text : Based on material provided by the proponent.

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Issued by India

Issued on Oct 9, 1999

Issued for : The Indian nationalist movement had asserted the right of the Indian people to shape their own destiny. The Constitution which came in force on 26^th January 1950, was designed to be an instrument of India’s social and economic transformation. A nascent nation embarked on its march towards progress and socio-economic development. Leaders with foresight and a desire to improve the lot of the common people played crucial roles in different regions in the country’s achievements. The Department of Posts issues a set of four stamps in tribute to four visionaries of modern India, namely Dr. T.M.A. Pai, A.D. Shroff, A.B. Walawalkar and Chhaganlal K. Parekh, who have in their various ways contributed to India’s march towards progress and development.

Credits :
Stamp : ISP Nashik (based on material furnished by sponsors).
FDC : Sculpture at Sardar Patel Marg, New Delhi
Cancellation : Alka Sharma

Type : Stamp, Mint Condition

Colour : Multi Colour

Denomination : 300 Paise

Overall size : 3.91 x 2.90 cms.

Printing size : 3.55 x 2.54 cms.

Perforation : 13 x 13

Paper : Imported unwatermarked Adhesive Gravure Coated Stamp Paper in Sheets 50.8 x 53.5 cms.

Stamps Printed : 0.55 Million

Number per issue sheet : 40

Printing Process : Photogravure

Printer : India Security Press, Nashik

Name : Tonse Madhav Ananth Pai

Born on Apr 30, 1898 at Udupi, Mysore, British India

Died on May 29, 1979 at Manipal, Karnataka, India

About : 

• Dr. T.M.A. Pai (1898-1979) charted a new direction to higher education, converting the arid, rocky village of Manipal in South Kanara district of Karnataka into a bustling township of higher education, tertiary medical care services and financial and industrial enterprises. Dr. Pai graduated from Madras Medical College in 1925 and set up his medical practice in Udupi. He co-founded the Kanara Industrial Banking Syndicate which went on to acquire a nation-wide presence as the “Syndicate Bank”. In 1942 he founded the Academy of General Education in Manipal. Today the Manipal group of educational institutions comprises 50 schools, arts and science colleges, many professional colleges and two universities with a total enrolment of over 38,000 students. Dr. Pai primarily contributed to the development of small-scale industries and cooperative societies in South Kanara District.
  
• Text : Based on material furnished by the sponsors.

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Issued by India

Issued on Aug 4, 1996

Type : First Day Cover

Colour : Single colour

Denomination : 100 Paise

Name : Pherozeshah Merwanjee Mehta

Born on Aug 4, 1845 at Mumbai, India

Died on Nov 5, 1915 at Mumbai, India

About : 

• Sir Pherozeshah Mehta was born in Bombay on 4^th August 1845. He went to England to specialise in law and there he was influenced by Dadabhai Naoroji who became his political “guru“. On being called to the Bar in 1868 he returned to India and was soon in the forefront of Bombay‘s legal luminaries.
• His eloquent plea for municipal reform was later embodied in the Act of 1872 and Municipal Act of 1988. He became the father of Bombay’s Municipal Charter, founder of its glorious civic tradition. He was elected President of the Corporation on no fewer than four occasions 1884, 1885, 1905 and 1911.
• In 1885 the Bombay Presidency Association came into being. He was the President of this socio-political organisation right from its inception to the day of his death. One of the founders of the Indian National Congress he was its driving force for four decades and presided over the 6^th session in 1890 in Calcutta.
• Pherozeshah Mehta was nominated to the Bombay Legislative Council in 1887 and elected to the Imperial Council by the Bombay Legislature in 1893.
• He founded the Central Bank of India, and the English daily “The Bombay Chronicle“.

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Issued by India

Issued on Dec 21, 1987

Description of Designs : The 60p. stamp has been designed by India Security Press, Nashik Road. The first-day cover design has been prepared by Shri R.N. Pasricha & the cancellation by Smt Alka Sharma.

Type : Stamp, Mint Condition

Colour : Single colour

Denomination : 60 Paise

Overall size : 3.91 x 2.90 cms.

Printing size : 3.55 x 2.54 cms.

Perforation : 13 x 13

Paper : Indigenous unwatermarked adhesive P G Matt coated paper

Number Printed : 10,00,000

Number per issue sheet : 35

Printing Process : Photogravure

Printed : India Security Press

Name : Muttaiya Annamalai Muthiah Chettiar

Born on Aug 5, 1905 at Kanadukathan, Madura District, Madras Presidency, British India [now in Sivaganga district, Tamil Nadu, India]

Died on May 12, 1984 at Madras, India

About : 

• Dr. Rajah Sir Muthiah Chettiar was born on 5^th August 1905, son of Dr. Rajah Sir Annamalai Chettiar a distinguished member of the Nattukkottai Nagarathar community. He studied mostly in Madras, graduating from the Presidency College in 1922. He then went to Burma on his family’s business acquiring expertise in banking.
• He became a member of Madras Legislative Council, representing the South Indian Chamber of Commerce and Industry with which he was associated for 50 years, and was elected its President in 1941. He was appointed member of the Provincial Banking Enquiry Commission in 1929 and of the Madras Provincial Franchise Enquiry Committee (1931). In 1929, he became a member of the Corporation of Madras and was elected Mayor in 1933 and 1934. In 1943 he was elected president of the Federation of the Indian Chambers of Commerce and Industry. He was associated with the Imperial Bank of India (now the State Bank of India) and the Indian Bank.
  
• Interest in education was part of the family heritage. He was associated with his father in making Sri Minakshi College, Chidambaram the nucleus of a university. While pursuing his political career as Chief Whip and Legislative Assembly Chairman of the Justice Party, he retained his interest in education. In 1936 he was appointed Minister-in-charge of Education, Public Health and Excise, and was also the Pro-Chancellor of Madras University for over a year. He remained on the Board of Management of the Pachaiyappa‘s Charities for 33 years. He was also on the Syndicate of the Madras University and the Board of Management of the Indian Institute of Technology, Madras, for some years.
  
• In 1948 he became Pro-Chancellor of Annamalai University which expanded to include the faculties of Education, Fine Arts, Culture, Law and Medicine. Two UGC Centres of Advanced Study in Marine Biology and Linguistics came into being. The Engineering and Technology Department developed into a Post-Graduate Centre. The Muthiah Polytechnic, Annamalainagar, and the Annamalai Polytechnic, Chettinad, were established.
  
• He was interested in the study of Tamil language and literature, Tamil music and culture. His services to the cause of Tamil earned him the title of ‘Tamil Isai Kavalar‘.
  
• He earned the reputation of being a sensitive Parliamentarian, impartial and balanced, as a leader of the opposition in 1939 and when he held charge of Local Administration and Hindu Religious Endowments. He was knighted in 1941. In 1946 he was elected member of the Constituent Assembly at New Delhi.
  
• In the world of business he was an important figure, holding such positions as Chairman of Chettinad Cement Corporation Ltd., Madras, Madura Coats Ltd., Consolidated Coffee Ltd., Coorg, and Coonoor Tea Estate, Coonoor, among others.
  
• He passed away on 12^th May, 1984 in Madras, leaving an impressive record of interests and achievements.

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Issued by India

Issued on Sep 30, 1980

Issued for : Indian P&T Department is privileged to issue a commemorative stamp in his honour.

Description of Designs : The stamp design consists of a portrait of Rajah Annamalai Chettiar.

Type : Stamp, Postal Used

Colour : Deep Lilac

Denomination : 35 Paise

Name : Raja Sir Satappa Ramanatha Muttaiya Annamalai Chettiar

Born on Sep 30, 1881 at Kanadukathan, Sivaganga district, Tamil Nadu, India

Died on Jun 15, 1948 at Chennai, India

About : 

• Annamalai Chettiar was born on 30 September 1881 at Kanadukattam in the Ramanathapuram District of Tamil Nadu. His father, S.R.M.M. Muthiah Chettiar was a rich and influential banker. After his schooling, he joined his family business. During the course of his business, he visited some of the countries in South-east Asia. He also spent a considerable time in England. On his return home, he became the head of the civic body of Karaikudi, also member of several local organisations and the District Board.
  
• In 1916, he transited from local affairs to the Legislative Council of Madras Presidency, where he sat for 3 years. In 1920 he stood for election to the Council of State, established under the Montagu-Chelmsford Reforms, and was returned for the general constituency (the whole of the Presidency) at the head of the polls. He held his seat in the Council for three consecutive terms, always by election and everytime at the head of the polls.
  
• With his natural bent for finance, he with others founded the Indian Bank. He was also appointed a Governor of the Imperial Bank of India at its inception in 1921 and continued as one of its Directors almost to the end of his life.
  
• Annamalai Chettiar was of the firm view that education was the primary need of the country. He made up his mind to found and endow a college at Chidambaram. Sri Minakshi College was formally opened in 1920. To the Arts College was added the Science departments in 1926, a Sanskrit College and a Tamil College in 1927. Soon an Oriental Training College followed by a College of Music was established. With all these institutions forming a splendid nucleus for a university, the Annamalai University came into existence on 1 January 1929 with the passing of the Bill and started functioning from July 1929.
  
• In recognition of his unique services to the cause of learning, a Knighthood, and the distinction of a hereditary Rajah was conferred on him. Rajah Annamalai Chettiar was deeply concerned over and made persistent efforts to safeguard the interests of Indians in Burma and French Indo–China. For this purpose he led a deputation to London and Paris in 1935. Even while immersed in other affairs, his thoughts were always with the University of Annamalainagar. Its development and expansion was his master passion. His devotion to music, especially Tamil music was another of his passions. The movement and the impetus that he gave to Tamil music were hailed by all. He passed away on 15 June 1948.

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