Purpose – The loan offers financial assistance to all schemes with Income Generating Activities Revolving Fund – Revolving fund For groups revolving fund equal to group corpus subject to minimum of Rs. 5000 and maximum of Rs.10000/- will be released by DRDA/AP. Banks credit also be linked to group corpus and can be to 4… Read More »
A recent press report said that the Reserve Bank of India (RBI) is likely to bring some regulation to protect those people who save money with the jewellers in monthly saving schemes for buying gold. Reports said that jewellers in major cities are virtually working like non-banking financial companies (NBFCs), without permission from the RBI… Read More »
The Rainwater harvesting scheme for customers is offered by the bank to cover the SC/ST farmers in Providing Irrigation facilities to the homesteads/ farm lands. In order to augment the income generating capacity of the SC/ST farmers, suitable local harvesting structures are proposed along with provision for small lifting devices on a nationwide scale. The… Read More »
The loan is offered by the bank 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 and to finance the share croppers /tenant farmers to purchase land to enable them to increase their income. The loan portfolio of the… Read More »
Purpose – Construction /Purchase of House/flat; take over of loan availed for housing; purchase of site and construction of house; repairs /renovation./extension of an existing house Eligibility – Individuals who are resident Indians and aged between 18-60years and who have sufficient income to repay the loan subject to following conditions applicants should be properly… Read More »
A recent press report said that the country’s second largest private sector lender HDFC Bank today opened its first branch in Leh, one of the highest locations in the world, and plans to add about 600 branches across the country during the current fiscal. HDFC Bank offers a wide range of commercial and transactional banking… Read More »
Chikmagalur Kodagu Grameena Bank was established in the year of 1984 under the RRB Act1976. The Bank is named after the Districts Chikmagalur and Kodagu where the operational network is spread. The Bank is sponsored by the Corporation Bank a premier public sector Bank. The Bank has its Head Office at Chikmagalur, Karnataka State. The… Read More »
Objectives: CSCC aims at prevailing adequate and timely credit i.e. Working Capital/or block capital or both to small artisans, handloom weavers, Service sectors, fishermen, Self employed persons, Rickshaw owners, SHGs and other micro entrepreneurs, etc., for the banking system in a flexible, hassle free and cost effective manner. The facility may also include a reasonable… Read More »
Purpose – To offer financial education to deserving students of the country to pursue higher education Eligibility – A Student who has completed previous qualifying examinations/Secured admission to Professional/technical courses through entrance test /selection process /secured admission to university /institution and whose parents should have minimum annual income of Rs,.50000/- will be eligible for loan… Read More »
A recent press report said that the Centre has appointed Ms. Nupur Mitra as Chairman and Managing Director of Dena Bank. Reports said that she will assume charge on November 1. Reports said that Ms. Mitra will replace Mr. D.L. Rawal, who is supposed to superannuate on October 31. Ms. Mitra is currently the Executive… Read More »