According to a recent press report Mr. Nagesh Pydah, Chairman and Managing Director Oriental Bank of Commerce (OBC) said that the bank will focus on mid-corporates and small and medium enterprises (SMEs). Mr. Pydah said that the syndication vertical was progressing well and the bank has about half-a-dozen assignments on hand involving over Rs 3,000… Read More »
A recent press report said that Lakshmi Vilas Bank has registered a 30 per cent growth in its operating profit during the first quarter of the current fiscal compared to the corresponding quarter of the earlier fiscal. Reports said that the bank’s operating profit went up to Rs 69.70 crore from Rs 53.73 crore in… Read More »
A recent press report said that HSBC India’s profit before tax has increased by 33 per cent year-on-year to $451 million, during the half-year ended June 2011. Reports said that the growth was mainly from commercial banking and global banking and markets segments, even as the foreign bank cut down the losses in its retail… Read More »
A recent press report said that the Shareholders of United Bank of India (UBI) have approved a dividend Rs 2.20 a share at the bank’s second annual general meeting. UBI chairman and managing director Mr.Bhaskar Sen told the shareholders that the bank is comfortably placed after it received fresh capital of Rs. 558 crore from… Read More »
A recent press report said that ICICI Bank has announced its foray into EMV (Euro pay, MasterCard, Visa) Standard chip cards with the launch of the ICICI Bank Coral Credit Card. The card offers special security features where the card holder enjoys additional against possible misuse in the form of counterfeiting and skimming on account… Read More »
A recent press report said that ICICI Bank has been slapped with a fine of Rs 25,000 by a Delhi district consumer forum for wrongly deducting Rs. 40,578 from the account of one of its customers. Reports said that the bank had deducted Rs. 40,578 from the account of its customer Mahesh Kumar’s salary account.… Read More »
Langpi Dehangi Rural Bank, sponsored by State Bank of India was established on 27th January 1982 under Section 3 (1) of Regional Rural Bank Act 1976. The Head Office of the Bank is situated at Diphu, the district head quarters of Karbi Anglong District. The Bank has a total network of 42 Branches and 1… Read More »
Langpi Dehangi Rural Bank, sponsored by State Bank of India was established on 27th January 1982 under Section 3 (1) of Regional Rural Bank Act 1976. The Head Office of the Bank is situated at Diphu, the district head quarters of Karbi Anglong District. The Bank has a total network of 42 Branches and 1… Read More »
Langpi Dehangi Rural Bank, sponsored by State Bank of India was established on 27th January 1982 under Section 3 (1) of Regional Rural Bank Act 1976. The Head Office of the Bank is situated at Diphu, the district head quarters of Karbi Anglong District. The Bank has a total network of 42 Branches and 1… Read More »
Langpi Dehangi Rural Bank, sponsored by State Bank of India was established on 27th January 1982 under Section 3 (1) of Regional Rural Bank Act 1976. The Head Office of the Bank is situated at Diphu, the district head quarters of Karbi Anglong District. The Bank has a total network of 42 Branches and 1… Read More »