According to recent press reports UCO Bank is expected to exceed its target of Rs 2.45-lakh crore business set in 2010-11. The bank officials said that the bank is expecting its credit to grow by 20 per cent and deposits by 18 per cent. Mr.Ajai Kumar, Executive Director of UCO Bank said that the bank… Read More »
Andhra Pradesh Grameena Vikas Bank was formed on 31st March 2006 following a merger of 5 banks with SBI sponsorship. Andhra Pradesh Grameena Vikas Bank with 524 branches has its headquarters in Warangal. Purpose: This loan finances personal needs like purchase of Agricultural equipment, purchase of livestock, maintenance of crops and repayment of outside debts… Read More »
Purpose: This is yet another loan scheme to finance the needs of farmers. Eligibility: Any farmer who is a Sharda Kisan Credit Card Holder, and has been regularly repaying the loan for last 3 years is eligible for this scheme of loan. Quantum of Loan: The maximum amount that can be granted as loan under… Read More »
Purpose: This loan finances students with educational merit for higher education in India or abroad. Eligibility: Any student going for courses having employment prospects are eligible for this personal loan. Quantum of Loan: For studies in India, a maximum amount of Rs. 7.5 lakhs is granted as loan. For studies abroad, the maximum amount granted… Read More »
Purpose: This loan finances the farmers for purposes like Crop Production & also to meet out their personal & consumption needs to some extent. Eligibility: All categories of farmers, who are permanently residing within the radius of 10 kilometers of the branch and owning any size of Agricultural land, according the land ceiling act… Read More »
Purpose: This loan provides credit for farmers for various needs. Eligibility: Farmers, who own land, or part holders of land, can avail this loan. Those who are joint owners of land can avail this loan, in the joint name. Quantum of Loan: Up to maximum of Rs. 3 lakhs is granted as loan.… Read More »
Purpose: This loan finances purchase / construction of new / old house / flat, Repairing / renovating an existing house / flat, Furnishing the house / consumer durables as a part of project cost and Take over of loans from other banks. Eligibility: Any individual with sufficient capacity to repay the loan can avail this… Read More »
Andhra Pradesh Grameena Vikas Bank was formed on 31st March 2006 following a merger of 5 banks with SBI sponsorship. Nagarjuna Grameena Bank, Sri Visakha Grameena Bank, Sangameswara Grameena Bank, Manjira Grameena Bank and Kakathiya Grameena Bank merged together to form the Andhra Pradesh Grameena Vikas Bank. Andhra Pradesh Grameena Vikas Bank with 524 branches… Read More »
Cauvery Kalpatharu Grameena Bank is one of the Regional Rural Banks established under Regional Rural Banks Act, 1976. It is jointly owned by Government of India, State Bank of Mysore and Government of Karnataka, the share capital is contributed in the ratio of 50:35:15 respectively. It is a Scheduled Commercial Banks permitted to carry all… Read More »
According to a recent press report SEBI settled the proceedings against Dena Bank in Alka Securities case. SEBI found Dena Bank transacting largely in the shares of Alka Securities during the period September 2008 and July 2009 based on sudden rise in price, trading volumes and off market transfers. In spite of selling large quantities… Read More »