Category Archives: Glossary

Cauvery Kalpatharu Grameena Bank – Housing Loans

Purpose –           Construction of house along with purchase of site, for purchase of House or flat, repair or renovation, extension, addition to the existing house or flat Eligibility –           All customers irrespective of their income, but should have satisfactory conduct of account for at least six months, all Government servants, persons working in local institutions… Read More »

Scheme for Financing Farmers for Purchase of Land for Agricultural Purpose

Purpose- to make the small and marginal holdings economically viable to bring fallow lands and waste lands under cultivation, to step up agricultural production and productivity; The objective of the Scheme is to finance the farmers to purchase, develop and cultivate agricultural as well as fallow and waste land. Eligibility – Small and Marginal farmers who… Read More »

Cauvery Kalpatharu Grameena Bank – Horticulture Plantations

Cauvery Kalpatharu Grameena Bank is one of the Regional Rural Banks established under Regional Rural Banks Act, 1976. The bank offers a variety of loan products such as personal loan, agricultural loan, vehicle loan etc. Purpose –           To encourage cultivation of Horticulture Crops like coconut, mango, pomegranate, grapes, pepper, coffee, amla, areca nut, betel vine… Read More »

Ahmedabad District Central Co-operative Bank Limited, Ahmedabad – Penalised

Recent press reports said that the Reserve Bank of India has imposed a monetary penalty of Rupees five lakh on Ahmedabad District Central Co-operative Bank Ltd., Ahmedabad, and Gujarat. The bank has been penalised for the violation of guidelines issued by Reserve Bank of India on Know Your Customers (KYC) norms and Anti Money Laundering… Read More »

Cauvery Kalpatharu Grameena Bank – Advances against Pledge of Ware House Receipts

Cauvery Kalpatharu Grameena Bank is one of the Regional Rural Banks established under Regional Rural Banks Act, 1976. Cauvery Kalpatharu Grameena (CKG) Bank was established on 24th May 2006 by amalgamation of Cauvery Grameena Bank and Kalpatharu Grameena Bank. It is sponsored by State Bank of Mysore. It is jointly owned by Government of India,… Read More »