Diwan Bahadur Satappa Ramanatha Muttaiya Ramaswami Chettiar (1872 – 5 November 1918) was an Indian businessman from what is now the state of

Tamil Nadu Tamil Nadu (; , TN) is a state in southern India. It is the tenth largest Indian state by area and the sixth largest by population. Its capital and largest city is Chennai. Tamil Nadu is the home of the Tamil people, whose Tamil language ...

Early life

Ramaswami Chettiar was born in 1872 to Muttaiya or Muthiah Chettiar of

Chidambaram Chidambaram is a town and municipality in Cuddalore district in the Indian state of Tamil Nadu, on the banks of the Vellar River where it meets the Bay of Bengal. It is the headquarters of the Chidambaram taluk. The town is believed to be of si ...

who was well known for his philanthropic activities. Muttaiya Chettiar had donated over twenty lakhs of rupees for the renovation of the Nataraja temple at Chidambaram. Ramaswami was the second son of Muttaiya Chettiar. His younger brother was

Annamalai Chettiar '' Diwan Bahadur'' Sir Satappa Ramanatha Muttaiya Annamalai Chettiar, Raja of Chettinad KCSI (30 September 1881 – 15 June 1948) was an Indian industrialist, banker, educationist and philanthropist from Tamil Nadu. He is the founder of Anna ...

Indian Bank

In 1906, the Arbuthnot Bank, the biggest banking institution in Madras city, crashed leaving thousands penniless. As a result, the idea of an Indian-owned bank was floated. The

Indian Bank Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. It serves over 100 million customers with 39,734 employees, 5,721 branches with 5,428 ATMs and Cash deposit machines. Total business of the bank has ...

eventually came into being the very same year. Ramaswami Chettiar was one of the founder-directors of the bank. In 1907, Ramaswamy Chettiar resigned and was succeeded as director by his younger brother Annamalai Chettiar.

Philanthropic activities

In 1912, Ramaswami Chettiar donated rupees one lakh to the Chidambaram Municipal Board for the construction of water-works in the town. Ramaswami Chettiar established the Ramaswami Chettiar Town High School in Chidambaram in 1913.

References

* * {{Chettinad Villages 1872 births 1918 deaths Tamil businesspeople Businesspeople in British India Mayors of places in Tamil Nadu Dewan Bahadurs