A recent press report said that Uco bank has reported 40.52 per cent decline in its net profit over the same period a year ago. Experts said that a flat operating profit in the last quarter of 2010-11 along with high provisioning for bad loans has brought down the net profit of the bank, for… Read More »
A recent press report said that Andhra Bank’s net profit has increased 30.42 per cent at Rs 313 crore in the fourth quarter ended March 31, 2011, compared with Rs 240 crore in the year-ago period.The net interest income (NIM) of the bank has gone up by Rs 861 crore, registering a 31 per cent… Read More »
A recent press report said that Canara Bank is hopeful of maintaining its net interest margin (NIM) at about 3 per cent during the current fiscal, inspite of the hike in interest rates announced by the RBI in its recent credit policy.The bank recently announced a 50-basis-point increase in its base rate to 10 per… Read More »
A recent press report said that public sector lender Bank of Baroda has raised its base rate and benchmark prime lending rate (BPLR) by 0.5 per cent each. Accordingly, the new rates will be 10 per cent and 14.25 per cent, respectively. The bank has planned to impose the change in the rates right away.… Read More »
This Bank was first established as a Co-operative Urban Credit Society in the year 1917. This was later on converted into a Bank. Till 1993 the Bank had only 8 branches spread over Satara District of Maharashtra only. Since then it has expanded its wings in other prominent Districts of Maharashtra viz. Sangli, Kolhapur, Solapur,… Read More »
State Bank of India has opened its first ”affordable housing loan” cell in Mumbai, which will provide a platform for its customers to interact with the bank. The bank has initiated this project in association with a few builders operating in the affordable housing segment. The first facility has been set up in Nalla Sopara… Read More »
Jalgaon Janata Sahakari Bank Ltd. was established on 20th January, 1979. The Bank attained “Scheduled Bank” status on 29th January, 2000. The bank works with a vision of”Carve the names on the heart of common man instead of carving names on marble”. Bank had all its branches computerized by the year 2000. By the time… Read More »
Jalgaon Janata Sahakari Bank Ltd. was established on 20th January, 1979. The Bank attained “Scheduled Bank” status on 29th January, 2000. The bank works with a vision of “Carve the names on the heart of common man instead of carving names on marble”. Bank had all its branches computerized by the year 2000. By the… Read More »
This Bank was first established as a Co-operative Urban Credit Society in the year 1917. This was later on converted into a Bank. Till 1993 the Bank had only 8 branches spread over Satara District of Maharashtra only. Since then it has expanded its wings in other prominent Districts of Maharashtra viz. Sangli, Kolhapur, Solapur,… Read More »
Jalgaon Janata Sahakari Bank Ltd. was established on 20th January, 1979. The Bank attained “Scheduled Bank” status on 29th January, 2000. The bank works with a vision of”Carve the names on the heart of common man instead of carving names on marble”. Bank had all its branches computerized by the year 2000. By the time… Read More »