Namboothiri Yogakshema Sabha, the one and only of its stature, was formed in the year 1907 with the sole objective of bringing a social cultural rebirth in the state of Kerala. The vision and Mission of the sabha being so gallant and upright, this organization already attained a prominent identity in the history of Kerala.
The Peringottukara Namboothiri Yogakshema Sabha, which came into existence in 1916, initially was knowing the name of The Keraleeya Bhoosuranumodi Sabha. In the same year The sabha became a part of the Namboothiri Yogakshema Sabha. The PNY Sabha sternly and firmly fought against all social evils, prevalent at that time in our country, like caste discrimination, undesirable practices and superstition . At the same time it ardently endeavored to instill spiritual growth in the masses. However, the task demanded a lot of funds which paved the way for mobilizing resource by introducing several small saving schemes and chitties. The support extended by the Well- wishers brought financial stability, many volunteered with donations. Thus, from the inception PNY Sabha could initiate various projects to help the needy and the downtrodden regardless of caste and creed.
Since then, the PNY Sabha became popularly known as ‘Namboothiri Bank’ After the introduction of the Kerala chitty Act the PNY Sabha got necessary registration for conducting chitty business and reinvented chitty business.
STARTING OF PERINGOTTUKARA NAMBOOTHIRI YOGAKSHEMA SABHA.
REGISTERED UNDER CHARITABLE SOCITIES ACT 2 OF M.E 1088 REG NO:1/1109.
Started a school with special emphasis on women’s education.
Celebrated Silver Jubilee. Strengthened social service.
Opened branch at Anthikkad . Soon opened branches at Irinjalakuda and Puthenchira also.
Celebrated Golden Jubilee.
For deposit mobilization, the Kerala Government granted license for Prize Bond Scheme
The Government permission, obtained to release Cash Certificates.
Celebrated platinum jubilee.
Inaugration of Platinum jubilee building.
Started an NBFC with major share holding.
Started chit fund company to work as per the kerala chit fund act.
Centenary celebrations celebrated during the period.
Finale : But for the dedication of its founder members’ and leaders, with the patronage of thousands of satisfied customers, the PNY Sabha would not have reached this enviable position. The PNY Sabha also gratefully acknowledge the sincere service rendered by its employees. PNY Sabha is fully conscious of the respect the namboodiri community enjoys in the society. Precisely hence, it exercises sufficient caution while doing business, so that any of its action would bring any disregard or disrespect to the community.