Janata Sahakari Bank Ltd.,Pune was established on 18th October 1949 by people committed to social cause in Pune city. RBI included the bank in second schedule and from 1st September 1988. Janata Sahakari Bank Ltd., Pune is functional as Scheduled Co-Operative Bank and accepts deposits from Government and Semi-Government corporations. Similarly Government & Semi-Government corporations accept… Read More »
Janata Sahakari Bank Ltd.,Pune was established on 18th October 1949 by people committed to social cause in Pune city. RBI included the bank in second schedule and from 1st September 1988. Eligibility: Any individual who is a citizen of India can apply for this loan. Rate of Interest: Amount Period Rate of Interest Up to… Read More »
Janata Sahakari Bank Ltd.,Pune was established on 18th October 1949 by people committed to social cause in Pune city. RBI included the bank in second schedule and from 1st September 1988. Janata Sahakari Bank Ltd., Pune is functional as Scheduled Co-Operative Bank and accepts deposits from Government and Semi-Government corporations. Similarly Government & Semi-Government corporations accept… Read More »
Krishna Grameena Bank (KGB) is a Regional Rural Bank established on 01-12-1978 & is sponsored by State Bank of India. The area of operation of the Bank comprises three districts viz., Gulbarga, Bidar and Yadgir. The present Branch network is 119, of which 94 branches functioning in rural area, catering to the needs of farming… Read More »
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 – Purchase of Tractors and Power Tillers Eligibility – Farmers or applicant should have a minimum land holding of… Read More »
A recent press report said that the emergence of new private banks in the country will not take place immediately. The finance minister had said in the budget that the Reserve Bank of India would grant fresh license to private sector banks in view of the growing market, but the Reserve bank of India has… Read More »
Recent reports said that United Bank of India has opened its Bangalore Regional Office at Kempegowda Road, Bangalore. The program was inaugurated by Mr. Bhaskar Sen, Chairman and Managing Director of the bank in the presence of Mr. P.K.Ghosh, General Manager, Shri R.K.Singal, DGM & CRM-Chennai Region and Mr. B.R. Kuntilla, CRM-Bangalore Region of the… Read More »
Recent press reports said that United Bank of India has received its board’s approval in place for raising Rs 550 crore through tier-II bonds, as and when there is need for capital. Mr. Bhaskar Sen, Chairman and Managing Director, United Bank of India told the press that they have board’s approval for raising Rs 550… Read More »
A recent press report said that the Reserve bank of India has asked the banks to implement 1% interest subsidy on home loans up to Rs.15 lakh as per the budget announcement. The 1% charge will be implemented on home loan up to Rs. 15 lakh where the cost of the house does not go… Read More »
Allahabad Bank recently celebrated its 147th Foundation Day. Mr. Namo Narain Meena Minister of State for Finance stated that the RBI must skillfully manage the situation arising out of monetary tightening and the consequent rise in base lending rates of banks so that the credit growth is not constrained. He added saying that commercial banks… Read More »