Our Business Personality of the Month

Ramesh Gelli,
 CMD, Global Trust Bank
"The Banking Tycoon of Hyderabad"

After being at the helm of affairs with Vysya bank as its CMD for ten consecutive years, when MR. Gelli started the Global Trust bank way back in 1994, the initial public offer was over subsrcibed 60 times and on its first day, the deposits were Rs. 100 crore. Now, in less than 5 years, Global Trust Bank has a deposit base of Rs. 4000 crore, a reach of 63 branches, and a staff strength of 800.

GTB is funded by the big financial institutions like the International Finance Corporation and the Asian Development Bank besides the equity participation from Hambrecht & Quist, Daiwa security group.

GTB, offers most of its services based on PC-based solutions like retail banking and wholesale banking products, treasury products, investment banking products, NRI products besides depository and advisory services.

GTB recently saw the installation of Infosys Technologies Ltd internet banking package, BANKAWAY.

Ever on the look out for innovation, Mr. Gelli started tele-banking and also offered a terminal for his corporate customers to access their accounts from their office.

Being the first Indian banker to bag the Padmashri in 1990, MR. Ramesh Gelli has indeed been in the forefront of bringing a sea change in banking