Purpose – To facilitate farmers/ Planters to acquire vehicle for timely supply of inputs required for agricultural operators/ Allied activities, transport of agriculture produce and agricultural labours and to undertake visits for farm supervision Nature of Vehicle – For purchase of new jeep, Pickup van, Mini Truck, Truck, Tempo, Agricultural Transport vehicle, Cars/vans and two… Read More »
The scheme is for Debt swapping of the FARMERS-“Rushikulya Mahajani Runomukto Jojana”. These loans will be classified as Direct Agricultural Loans- Term Loans. Apart form the Rushikulya Mahajani Runomukto Jojana the bank also offers two wheeler loans, home loan, personal loan, business loan agricultural loans etc. Objective – The Scheme aims at rescuing the Farmers… Read More »
Rushikulya Gramya Bank, the first of three Regional Rural Banks sponsored by Andhra Bank was established on 14th day of February, 1981 under provision of Section 3 of the Regional Rural Bank Act, 1976 with its Head Office at Berhampur (Ganjam), Orissa. As a Scheduled Commercial Bank, it is authorized to conduct all types of banking activities… Read More »
Retails traders, Small Business Units, Artisians, Tiny and Small Scale Industrial Units, Professional and Self Employed persons constitute a sizeable and important chunk of our borrower base. Purpose – to simplify credit facilities to the small borrowers under Industries, Services and Business Sectors (ISB) our Bank introduces Rushikulya Laghu Udyog Credit Card. To whom applicable … Read More »
Rushikulya Gramya Bank, the first of three Regional Rural Banks sponsored by Andhra Bank was established on 14th day of February, 1981 under provision of Section 3 of the Regional Rural Bank Act, 1976 with its Head Office at Berhampur (Ganjam), Orissa. As a Scheduled Commercial Bank, it is authorized to conduct all types of banking activities… Read More »
Rushikulya Gramya Bank, the first of three Regional Rural Banks sponsored by Andhra Bank was established on 14th day of February, 1981 under provision of Section 3 of the Regional Rural Bank Act, 1976 with its Head Office at Berhampur (Ganjam), Orissa. As a Scheduled Commercial Bank, it is authorized to conduct all types of banking activities… Read More »
Rushikulya Gramya Bank, the first of three Regional Rural Banks sponsored by Andhra Bank was established on 14th day of February, 1981 under provision of Section 3 of the Regional Rural Bank Act, 1976 with its Head Office at Berhampur (Ganjam), Orissa. As a Scheduled Commercial Bank, it is authorized to conduct all types of banking activities… Read More »
A recent press report said that State Bank of India and ICICI Bank have raised their lending rates, the second time in the last one month. Reports said that SBI has increased its base rate and benchmark prime lending rate (BPLR) by 50 basis points each to 10 per cent from 9.50 per cent and… Read More »
A recent press report said that State Bank of India is not looking to sponsor an infrastructure debt fund (IDF), a new vehicle that was mooted in Budget 2011-12 to enhance the flow of long-term debt for funding infrastructure development. Mr. Pratip Chaudhuri, SBI Chairman, told the press that the bank was not planning to… Read More »
A recent press report said that the Institute for Development and Research in Banking Technology, Hyderabad, has identified Karur Vysya Bank for the Banking Technology Excellence Award 2010-11, mobile banking category. KVB’s Managing Director and Chief Executive, Mr. K. Venkataraman, received the award from the Deputy Governor of the Reserve Bank of India, Mr. Anand… Read More »