Poornaprajna Institute of Management, Udupi

A VISIT TO HERITAGE MUSEUM AND FINANCIAL RESEARCH CENTRE- CORPORATION ORGANISED BY FINANCE FORUM OF PIM

A VISIT TO HERITAGE MUSEUM AND FINANCIAL RESEARCH CENTRE- CORPORATION ORGANISED BY FINANCE FORUM OF PIM
Feb 22, 2019 Events 0 Comments

A visit of Heritage Museum and Financial Research Centre, of Corporation Bank, was organized by the Finance Forum of PIM on 22nd Friday 2019. The 35 MBA students along with the Director Dr.Bharath V, faculty members Dr. Naveen Kumar KR and Dr.Bharathi Karanth visited the museum with the objective of studying the history of coinage, notes and generally about the currencies used at different points of time in the history all over the world.

A visit of Heritage Museum and Financial Research Centre, of Corporation Bank, was organized by the Finance Forum of PIM on 22nd Friday 2019.  The 35 MBA students along with the Director Dr.Bharath V, faculty members Dr. Naveen Kumar KR and Dr.Bharathi Karanth visited the museum with the objective of studying the history of coinage, notes and generally about the currencies used at different points of time in the history all over the world. The Corporation Bank manager M.K.Krishnayya brought out in detail the history of currencies used at different points of time, the meaning and relevance of several symbols, numbers and letters on the coins and notes. The students also understood the contribution of Shri Haji Abdullah, the founder of the Corporation Bank.  The museum is the place where the corporation bank began its operations for the first time.  The spacious bungalow has 20 rooms and the ground floor is totally occupied with the beautiful collection of coins, notes and the information about the currencies.  It was great learning for the students as they heard from Mr. M.K. Krishnayya, the manager of the museum about the efforts put in to contribute towards the maintenance of cultural heritage of India through the protection, preservation of currencies and related information.  
Numismatics and Notaphily Museum, a part of the Corporation Bank Heritage Museum in the heart of Udupi, is a place for people yearning to see ancient coins and understand history through coins. 
 
The oldest coins at the museum date back to Gandhara Janapada (400 B.C.–350 B.C.). Coins from a variety of eras and kingdoms from Surasena Janapada (350 BC to 2 AD) to Tippu Sultan can be found. A  separate section displays coins issued by East India Company, French, Dutch, Portuguese and British Indian Government as well as the post Independence period, including the “Anna” series of coins, Naya Paisa, and Paisa systems can be found here. There is a commemorative coins section, where coins of Rs. 1,000, Rs. 100, Rs. 50, and Rs. 20 denomination are on display.
 
The oldest coins at the museum date back to Gandhara Janapada (400 B.C.–350 B.C.). Coins from a variety of eras and kingdoms from Surasena Janapada (350 BC to 2 AD) to Tippu Sultan can be found. A separate section displays coins issued by East India Company, French, Dutch, Portuguese and British Indian Government as well as the post Independence period, including the “Anna” series of coins, Naya Paisa, and Paisa systems can be found here. There is a commemorative coins section, where coins of Rs. 1,000, Rs. 100, Rs. 50, and Rs. 20 denomination are on display.
There is a section which deals with currency notes issued since the Independence alongside a brief history of the Governors of Reserve Bank of India.Mr. Krishnayya said: “I am trying to construct a story of banking development in the country through stamps and postal stationery such as stamps, cards, inland letters, which will be displayed in the museum.”
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