A recent press report said that UCO Bank plans to increase its business by Rs 1 lakh crore to Rs 3.5 lakh crore by March 2013 by getting existing branches to do more business and by increasing its number of branches. The bank currently has 2,239 branches, and it has planned to increase it by… Read More »
A recent press report said that IndusInd Bank has entered into a memorandum of understanding (MoU) with the Indian Army in order to provide a whole gamut of banking and wealth management products to all the cadres of the Army. Reports said that IndusInd Bank is the seventh bank to enter into a tie-up with… Read More »
A recent press report said that State Bank of Mysore’s has reported a fall in its net profit by 42 per cent to Rs 64.28 crore for the quarter ended June 30, 2011. Reports said that the fall in its profit was due to the increased provisioning. The bank’s net interest income also fell marginally… Read More »
A recent press report said that Shriram City Union Finance has planned to raise Rs 400 crore by way of private equity, qualified institutional placement (QIP) or the stock market with a follow-on issue. Ms. Subhasri Sriram, Executive Director, Shriram City Union Finance, said that the company would require capital during the last quarter of… Read More »
Shriram Urban Co-operative Bank Ltd. Nagpur named after Lord Shriram, idol of the people of India commenced its business on the eve of Ramnavami, the 21st March, 1996. The bank is in profit since inception and has been consistently receiving “A” classification in the statutory audit for all these years. Bank has complied all the… Read More »
Shriram Urban Co-operative Bank limited is in profit since inception and has been consistently receiving “A” classification in the statutory audit for all these years. Bank has complied all the norms of R.B.I. and it has been categorized as Grade 1 Bank as per R.B.I. yardsticks. The bank offers home loan, personal loan, educational loans,… Read More »
Shriram Urban Co-operative Bank Ltd. Nagpur named after Lord Shriram, idol of the people of India commenced its business on the eve of Ramnavami, the 21st March, 1996. The bank is in profit since inception and has been consistently receiving “A” classification in the statutory audit for all these years. Bank has complied all the… Read More »
Shriram Urban Co-operative Bank Ltd. Nagpur named after Lord Shriram, idol of the people of India commenced its business on the eve of Ramnavami, the 21st March, 1996. The bank is in profit since inception and has been consistently receiving “A” classification in the statutory audit for all these years. Purpose – Term Loan… Read More »
Shriram Urban Co-operative Bank Ltd. Nagpur named after Lord Shriram, idol of the people of India commenced its business on the eve of Ramnavami, the 21st March, 1996. The bank is in profit since inception and has been consistently receiving “A” classification in the statutory audit for all these years. Bank has complied all the… Read More »
Purpose – The loan is offered for any personal use Quantum of Loan – Loan may be granted up to 60% to 75% of the market value of NSC/KVP; fixed loan may be granted to the extent 75% of the surrender value of the LIC Policy Period -Period 36 months to 60 months… Read More »