Coastal Bank is the first Local Area Bank licensed by Reserve Bank of India in 1999 and commenced its operations from 27th December 1999. The Bank is proud of celebrating its existence for two decades.
Coastal Bank is directly regulated by Reserve Bank of India. The Bank is subjected to regulatory supervision and control. The Bank complies with all supervisory advices/guidance.
The Bank is subjected to regulatory prescriptions such as Cash Reserve Ratio (CRR), Statutory Liquidity Ratio (SLR), External Benchmarking of loans etc.
Deposits of the customers are insured under Deposit and Insurance Scheme of DICGC, a wholly owned subsidiary of Reserve Bank of India.
Shri Natarajan Jagannathan is a retired Whole-Time Director from Karur Vysya bank with over 40 years of experience in banking, governance, and risk management. He has steered board-level strategy, ensured regulatory compliance, and strengthened financial oversight across multiple domains.
Post Graduate in Economics, Certified Associate of Indian Institute of Bankers (CAIIB)
40+ years in banking covering MSME, Retail, Corporate Banking, Treasury and Digital Transformation. Former Whole-Time Director, President & COO at Karur Vysya Bank.
