Nabard planning differential rate of interest for refinance

A recent press report said that Nabard plans to give refinance to commercial banks at differential rates of interest depending on their exposure to agriculture credit in developed and underdeveloped regions. The development finance institution is working on the scheme and it is likely to be finalized within a month’s time said Mr.Prakash Bakshi, Chairman,… Read More »

Karur Vysya Bank to focus more on NRI deposits, Home loan

A recent press report said that Karur Vysya Bank is focussing more on NRI deposits, Home loan. Mr.K.Venkatraman, Chief Executive and Managing Director of karur Vysya bank said that the process of building this institution will continue. The bank will build on our strength, look at products and structural gaps that need to be addressed… Read More »

SBI has Launched Self-Service Kiosks

A recent press report said that State Bank of India (SBI) has opened a ‘Self Service Kiosk (SSK)’ at the corporate salary branch, DLF Cyber City at Gachibowli. Mr. Rakesh Sharma, Chief General Manager, said that SSK was a secure, user-friendly computer terminal which can be operated by the customer using his/her ATM-cum-debit card to… Read More »

The Sarvodays Sahakari bank limited – C.C. Facility for Working Capital Requirements

  Purpose                                  – For the purpose of Business Eligibility                                 – Any salaried persons or Professionals – Self Employed or Businessman are eligible for the loan     Quantum of Loan                   – Maximum credit facility @ 20 % of the Annual Sales Turnover; (Own contribution @ 5 % of the C.C. Limit sanctioned is required); Amount… Read More »

The Sarvodays Sahakari bank limited – Vehicle Loan

The bank was established in the year 1982 with an authorized Share Capital of Rs. 25.00 lakhs and the paid up Share Capital of Rs. 4.00 lakhs. The Sarvodaya Sahakari Bank Ltd., Surat is rightly bracketed as one of the leading and top-most co-op. banks of the city. It offers home loan, personal loan, vehicle… Read More »