A recent press reports said that Central Bank of India has signed a Memorandum of Understanding (MoU) with the National Skill Development Corporation (NSDC) in order to promote loan and finance vocational education. The MOU was signed by Mr S. Sridhar, Chairman and Managing Director, Central Bank of India, and Mr Dilip Chenoy, CEO and… Read More »
Aryavart Gramin Bank, a Regional Rural Bank, was constituted on 3rd October 2006 after amalgamation of three Regional Rural Banks (RRBs) namely Avadh Gramin Bank, Barabanki Gramin Bank and Farrukhabad Gramin Bank. The Aryavart Gramin Bank, henceforth mentioned as the Bank, has 306 branches, six Regional Offices and a Head Office. The bank offers home… Read More »
Aryavart Gramin Bank, a Regional Rural Bank, was constituted on 3rd October 2006 after amalgamation of three Regional Rural Banks (RRBs) namely Avadh Gramin Bank, Barabanki Gramin Bank and Farrukhabad Gramin Bank as per Government of India notification no. F.No.1/4/2006-RRB dated 03-10-2006. The said three RRBs were sponsored by Bank of India and had location… Read More »
Aryavart Gramin Bank, a Regional Rural Bank, was constituted on 3rd October 2006 after amalgamation of three Regional Rural Banks (RRBs) namely Avadh Gramin Bank, Barabanki Gramin Bank and Farrukhabad Gramin Bank as per Government of India notification no. F.No.1/4/2006-RRB dated 03-10-2006. The Aryavart Gramin Bank, henceforth mentioned as the Bank, has 306 branches, six… Read More »
Aryavart Gramin Bank, a Regional Rural Bank, was constituted on 3rd October 2006 after amalgamation of three Regional Rural Banks (RRBs) namely Avadh Gramin Bank, Barabanki Gramin Bank and Farrukhabad Gramin Bank as per Government of India notification no. F.No.1/4/2006-RRB dated 03-10-2006. The Aryavart Gramin Bank, henceforth mentioned as the Bank, has 306 branches, six… Read More »
A recent press report said that YES Bank has planned to have a branch network of 750 branches across the country by 2015, and 15-20 per cent of these would be located in the South. Mr R. Ravichander, Group President , Business Development (South), YES Bank, told the press that the metro centers are likely… Read More »
A recent press report said that Union Bank of India has launched a financial inclusion initiative called ‘Unioninclusions,’ which includes five schemes. The Finance Minister, Mr Pranab Mukherjee, inaugurated the initiative in Mumbai. Mr. Mukherjee, at the inauguration function, asked the banks to pursue technological innovations in order to reach out to the poor and… Read More »
A recent press said that Syndicate Bank has entered into a MoU with Karnataka State Public Service Commission (KPSC) to accept application fee across all its branches in the State. The Bank has offered comprehensive C2B (Customer to Business) solution to KPSC, it said in a statement. A person interested in applying for the vacant… Read More »
A recent press report said that the proposed ‘Microfinance Bank’ is to be set up in Andhra Pradesh. The microfinance bank is expected to charge a little more than 3 per cent interest on micro loan to be extended to women of self-help groups (SGHs). Andhra Pradesh Chief Minister, Mr. N. Kiran Kumar Reddy, said… Read More »
A recent press report said that Self-help groups (SHGs) across the country will henceforth get loan at 7 per cent on a par with the crop loans. Mr. Jairam Ramesh, Minister of State for Environment and Forests, said that microfinance has unfortunately become a dirty word now largely due to extreme commercialization by some MFIs,… Read More »