Radhashyam Roy
In the bustling streets of Kolkata, amidst the cacophony of city life, there lived a man whose vision would shape the financial landscape of India. His name was Radhashyam Roy, the esteemed founder of Peerless Group. Born on June 20, 1903, in a humble family, Roy’s journey epitomized resilience, determination, and unwavering integrity.
As a young entrepreneur, Roy ventured into various business endeavors, driven by an innate desire to uplift the lives of ordinary people. However, it was in the year 1932 when destiny beckoned, and Roy laid the foundation of what would become his enduring legacy – the Peerless Group.
With a fervent belief in providing financial security to the masses, Roy established the Peerless Insurance Company Limited on February 12, 1932. His vision was simple yet profound – to offer affordable insurance solutions that transcended socio-economic barriers. Under his astute leadership, Peerless Insurance flourished, becoming a trusted name synonymous with reliability and integrity.
Despite facing numerous challenges, Roy remained undeterred in his quest for excellence. In 1946, he expanded Peerless Group’s footprint by introducing Peerless Mutual Fund, pioneering the concept of mutual savings and investment schemes in the country.
On December 2, 1987, Roy bid farewell to the world, leaving behind a rich tapestry of achievements and a legacy that would endure the test of time. Today, as Peerless Group stands tall as a symbol of trust and reliability, the spirit of Late Radhashyam Roy lives on, a guiding light for generations to come.
In 1988, Peerless Group made significant strides in the realm of financial inclusion by launching Peerless General Finance and Investment Company Limited. This subsidiary played a pivotal role in extending credit facilities to individuals and businesses, empowering them to fulfill their dreams and aspirations.
In 1993, Peerless Group expanded its footprint in the hospitality sector with the inauguration of Peerless Inn, Kolkata. Situated in the heart of the city, this luxury hotel redefined hospitality standards, offering guests a blend of comfort, elegance, and impeccable service.
As Peerless Group continued to grow, its commitment to social responsibility remained steadfast. In April 1993, the Peerless Hospital & B.K. Roy Research Centre was established, setting new benchmarks in healthcare delivery and medical research. With state-of-the-art facilities and a team of eminent doctors and healthcare professionals, Peerless Hospital emerged as a beacon of hope for patients seeking quality medical care.
The turn of the millennium saw Peerless Group diversifying its offerings further with the launch of Peerless Securities Limited in 1995. This subsidiary specialized in providing brokerage and wealth management services, catering to the evolving needs of investors in an increasingly dynamic financial landscape.
In 2009, Peerless Group took a significant leap forward with the launch of Peerless Mutual Fund, further strengthening its presence in the financial services sector. With a diverse range of investment options tailored to meet the needs of investors across the risk spectrum, Peerless Mutual Fund emerged as a trusted partner in wealth creation and preservation.
Today, as Peerless Group continues to innovate and evolve, its legacy of excellence remains unwavering. From financial services to real estate, hospitality, and healthcare, Peerless Group’s achievements stand as a testament to its enduring commitment to excellence, integrity, and customer satisfaction. With leadership from Smt. Debasree Roy Sarkar, Managing Director at Peerless Hotels, the group has seen an expansion in number of keys for Peerless Hotels and Resorts. On the other hand, Peerless General Finance & Investment Company Limited is witnessing an exceptional growth under the leadership of Shri Jayanta Roy.
Disclaimer:
This page is designed and developed by Macros Media. All data put up on this page is collected and developed by Macros Media. For any feedback, removal or change of content send a request to contact@themacrosmedia.com.