Corporation Bank Heritage Museum at Udupi open for public

Corporation Bank Heritage Museum at Udupi open for public

Mangalore Today News Network

Mangalore, Sep 8, 2011: Corporation Bank organized a tour of its Heritage Museum and Financial Research Centre at Udupi for media representatives today.

Taking the media persons around the Heritage centre, Ramanath Pradeep, the chairman and managing director of the bank said that the Heritage Museum is based in the birthplace of the bank and that it is dedicated to Haji Abdullah Sahib, the founder president of the bank. He also explained that the Heritage Museum illustrates the history and development of banking in DK.

 

Speaking on the occasion, Radhakrishna Kumble said that he had collected the currency notes and coins displayed in the museum over the past 25 years. He said that the museum will remain open for public viewing for the next seven months.

Revealing further details about the museum, he said that it displays around 5000 coins, including silver and gold coins and that some of these coins are Indo Dutch, Indo Roman, Indo Danish, and Indo French in origin. He also said that the museum displays ancient, modern, and medieval coins. These coins are now worth more than Rs. 42 lakh, he said, adding that he has been collecting these coins from Dec 9, 1987. The bank employees are now planning to purchase the museum, he added.

He said that it was easier to collect coins and exchange similar coins for rare ones with other coin collectors, but now it is not that easy. He also informed that it was Chairman Ramanath Pradeep’s idea to establish this museum to honor the founder president of the bank.

The highlight of the collection is the World Crown Silver Coin, which bears illustrations of the empire and the building in all clarity.