A recent press report said that Central Bank of India has entered into a tie-up with non-banking finance companies such as Future Capital, Bajaj Finance, and Reliance Capital to grow its retail portfolio. Retail portfolio of the bank, including Home Loan, auto loan and Personal Loan constituted 12.5 per cent its total advances of Rs… Read More »
According to recent press reports the board of Tamilnad Mercantile Bank has decided to declare a dividend of Rs 1,000 per share of Rs 10 each after taking on record the audited results for the fiscal ended March 31, 2011. Mr A. K. Jagannathan, Managing Director and Chief Executive of Tamilnad Mercantile Bank, said that… Read More »
A recent press report said that state-owned Indian Overseas Bank has raised itsed its base rate by 50 basis points to 10 per cent, within days of the Reserve Bank announcing an increase in its short-term lending and bank savings rates to tackle inflation.The bank has increased its Benchmark Prime Lending Rate (BPLR) rates to… Read More »
A recent press report said that Union Bank of India has hiked its minimum lending rate, by 50 basis points to 10 per cent. The bank said that it has revised its base Rate by 50 basis points from 9.5 per cent to 10 per cent due to the increasing interest rate scenario and higher… Read More »
A recent press report said that the banks are facing a fall in their business in the current fiscal. Reports released by the RBI also said that loans extended by commercial banks in the country have dropped to Rs. 37,407.0 crore during the fortnight ended April 22 to Rs 3,919,000.5 crore. Total deposits have dropped… Read More »
Wainaganga Krishna Gramin Bank came in to existence on 15th December 2008 through amalgamation of Wainganga Kshetriya Gramin Bank, Chandrapur, Solapur Gramin Bank, Solapur and Ratnagiri-Sindhudurg Gramin Bank, Ratnagiri. The authorized capital of the Bank is Rs. 500.00 lakhs and the paid up capital is Rs. 400.00 lakhs. Government of India, Government of Maharashtra and… Read More »
Wainaganga Krishna Gramin Bank came in to existence on 15th December 2008 through amalgamation of Wainganga Kshetriya Gramin Bank, Chandrapur, Solapur Gramin Bank, Solapur and Ratnagiri-Sindhudurg Gramin Bank, Ratnagiri. The authorized capital of the Bank is Rs. 500.00 lakhs and the paid up capital is Rs. 400.00 lakhs. Government of India, Government of Maharashtra and… Read More »
Wainaganga Krishna Gramin Bank came in to existence on 15th December 2008 through amalgamation of Wainganga Kshetriya Gramin Bank, Chandrapur, Solapur Gramin Bank, Solapur and Ratnagiri-Sindhudurg Gramin Bank, Ratnagiri. The authorized capital of the Bank is Rs. 500.00 lakhs and the paid up capital is Rs. 400.00 lakhs. Government of India, Government of Maharashtra and… Read More »
Wainaganga Krishna Gramin Bank came in to existence on 15th December 2008 through amalgamation of Wainganga Kshetriya Gramin Bank, Chandrapur, Solapur Gramin Bank, Solapur and Ratnagiri-Sindhudurg Gramin Bank, Ratnagiri. The authorized capital of the Bank is Rs. 500.00 lakhs and the paid up capital is Rs. 400.00 lakhs. Government of India, Government of Maharashtra and… Read More »
Wainaganga Krishna Gramin Bank came in to existence on 15th December 2008 through amalgamation of Wainganga Kshetriya Gramin Bank, Chandrapur, Solapur Gramin Bank, Solapur and Ratnagiri-Sindhudurg Gramin Bank, Ratnagiri. The authorized capital of the Bank is Rs. 500.00 lakhs and the paid up capital is Rs. 400.00 lakhs. Government of India, Government of Maharashtra and… Read More »