According to a recent press report, Mr. Anand Sinha, Deputy Governor, Reserve Bank of India has said that the transaction costs of financial services to the poor are ‘exceedingly large’ in comparison to their revenue generation potential in the short term. Mr. Sinha said the existing banking business model was not able to adequately address… Read More »
According to a recent press report a study by Assocham has reported that the proportion of bad loans or non-performing assets (NPAs) to total loans of 11 listed banks for the year ending March 2010 stood at 2.21 per cent compared with 15 per cent in the late 1990s. Reports said that there was renewed… Read More »
The bank offers the loan to farmers to make the small and marginal holdings economically viable, 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 Purpose – The objective of this… 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 »
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 »
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 »
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 »
A recent press report said that growth in net interest income and good control over the cost of deposits has helped Karnataka Bank Limited to record a 7.09 per cent growth in net profit during the first quarter of 2011-12. Reports said that during the first quarter, the net interest income of the bank stood… Read More »
We all know that investing in equities is the key to build long-term wealth and become rich. However it is important to remember that not all stocks are created equal. While mid and small caps do have the potential to generate high returns, large caps do offer stability to your portfolio. But it does not… Read More »
Purpose – To provide adequate and timely credit i.e. working capital / or block capital or both to small artisan, handloom weavers, service sector, fisherman, self employed persons, rickshaw owners, other micro entrepreneurs, other NFS activities etc from the banking system in flexible, hassle free and cost effective manner. The facility may also include a… Read More »