Ramaswami Chettiar
Encyclopedia
Diwan Bahadur Satappa Ramanatha Muttaiya Ramaswami Chettiar (1872 – November 5, 1918) was an Indian businessman and philanthropist
Philanthropist
A philanthropist is someone who engages in philanthropy; that is, someone who donates his or her time, money, and/or reputation to charitable causes...

 from the Indian state of Tamil Nadu
Tamil Nadu
Tamil Nadu is one of the 28 states of India. Its capital and largest city is Chennai. Tamil Nadu lies in the southernmost part of the Indian Peninsula and is bordered by the union territory of Pondicherry, and the states of Kerala, Karnataka, and Andhra Pradesh...

.

Early life

Ramaswami Chettiar was born in 1872 to Muttaiya or Muthiah Chettiar of Chidambaram
Chidambaram
Chidambaram is a fast growing industrial city in Eastern part of Tamil Nadu and the taluk headquarters of the Cuddalore district. It is located in 58 km from Pondicherry, 60 km from Karaikal, and 240 km south of Chennai by rail...

 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 elder brother was Chidambaram Chettiar from whom the M. Ct. family descended. His younger brother was Annamalai Chettiar.

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
Indian Bank is a major Indian Commercial Bank headquartered in Chennai , India. It has 22,000 employees, 1923 branches and is one of the big public sector banks of India. It has overseas branches in Colombo, Sri Lanka, Singapore, and 229 correspondent banks in 69 countries...

 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.

Administrative positions

Ramaswami Chettiar was elected chairman of the municipal council
Municipal council
A municipal council is the local government of a municipality. Specifically the term can refer to the institutions of various countries that can be translated by this term...

 of Chidambaram and in December 1909, elected to the Madras Legislative Council
Madras Legislative Council
Tamil Nadu Legislative Council is the upper house of the bicameral legislature of the Indian state of Tamil Nadu. It began its existence as Madras Legislative Council, the first provincial legislature for Madras Presidency. It was initially created as an advisory body in 1861, by the British...

.

Philantropic 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. This school later grew into the Annamalai University
Annamalai University
Annamalai University is a Public University located in Annamalai Nagar, Chidambaram, Tamil Nadu, India. The university offers courses of higher education in arts, sciences and engineering.The university also provides around 380 courses under distance mode...

during the management of Sir Annamalai Chettiar.
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