Sarva U.P.Gramin Bank, sponsored by Punjab National Bank one of the leading commercial Bank of India, came into existence by amalgamation of 4 Regional Rural Banks. The Bank has its Head Office in Meerut. Purpose: Loan against Mortgage of immovable property in Urban and Semi urban centers finances need of business &/or personal needs. Eligibility:… Read More »
In 1976, the central government amalgamated Uttar Bihar Kshetriya Gramin Bank and Kosi Kshetriya Gramin Bank (transferor regional rural banks) sponsored by Central Bank of India in the state of Bihar into a single regional rural bank which began to be called as Uttar Bihar Gramin Bank with its head office at Muzaffarpur. Uttar Bihar… Read More »
According to recent press reports, auto sales are largely flat compared to the previous year, reinforcing the point that growth for this fiscal will be considerably lower than the 30 per cent seen in 2010-11. In cars, Maruti Suzuki has enlosed with 97,155 units this month, which is 4.4 per cent higher than the tally… Read More »
Recent press reports said that the Reserve Bank has posted a discussion paper on savings bank rate deregulation on its Web site, and has asked the public for feedback. Reports said that this act of the RBI was not surprising because when it tried deregulating in 1985, it forgot to tell even the Banking Secretary.… Read More »
Sarva U.P.Gramin Bank, sponsored by Punjab National Bank one of the leading commercial Bank of India, came into existence by amalgamation of 4 RRBs (Uttar Pradesh Gramin Bank Meerut, Kisan Gramin Bank Budaun, Rani Laxmi Bai Gramin bank Jhansi AND Davi Patan Gramin bank Gonda). The Bank has share Capital of Rs 6.00 Crore, subscribed… Read More »
In 1976, the central government amalgamated Uttar Bihar Kshetriya Gramin Bank and Kosi Kshetriya Gramin Bank (transferor regional rural banks) sponsored by Central Bank of India in the state of Bihar into a single regional rural bank which began to be called as Uttar Bihar Gramin Bank with its head office at Muzaffarpur. Now area… Read More »
Recent reports said that the Reserve Bank of India is set to tighten interest rates through the major part of this fiscal. This is because the central bank sees high global crude oil and other commodity prices keeping the inflation rate above its comfort level, and affecting growth. The RBI said continuous inflation has made… Read More »
A recent press report said that HSBC is aiming to reach $1 billion in profit before tax in India, in the medium term. The bank said that it expects India to join Hong Kong and mainland China as ‘billion-dollar’ businesses. Reports said that the strategic focus for India is to lead financing for the country’s… Read More »
Sarva U.P.Gramin Bank, sponsored by Punjab National Bank one of the leading commercial Bank of India, came into existence by amalgamation of 4 RRBs. The Bank has its Head Office in Meerut. Purpose: This loan finances purchase of new / old cars, van jeep. Eligibility: Any individual with sufficient income to repay the loan can… Read More »
SIDBI is the principal financial institution for the promotion, financing and development of industry in the small scale sector. The Small Industries Development Bank of India provides direct credit schemes for Micro, Small and Medium Enterprises Purpose Development Bank of India A quasi equity for Micro, Small and Medium Enterprises where the promoter is short… Read More »