Andhra Pragathi Grameena Bank came into existence from 1.06.06 by amalgamating Rayalaseema Grameena Bank, Sri Anantha Grameena Bank and Pinakini Grameena Bank consequent upon the Government of India Notification dt.1.6.06. The Bank is constituted under Regional Rural Banks Act 1976. The Bank is having its Head Office at KADAPA with a jurisdiction of 5 districts… Read More »
Andhra Pragathi Grameena Bank came into existence from 1.06.06 by amalgamating Rayalaseema Grameena Bank, Sri Anantha Grameena Bank and Pinakini Grameena Bank consequent upon the Government of India Notification dt.1.6.06. The Bank is constituted under Regional Rural Banks Act 1976. The Bank is having its Head Office at KADAPA with a jurisdiction of 5 districts… Read More »
Andhra Pragathi Grameena Bank came into existence from 1.06.06 by amalgamating Rayalaseema Grameena Bank, Sri Anantha Grameena Bank and Pinakini Grameena Bank consequent upon the Government of India Notification dt.1.6.06. The Bank is constituted under Regional Rural Banks Act 1976. The Bank is having its Head Office at KADAPA with a jurisdiction of 5 districts… Read More »
A recent press report said the Public sector bank IDBI bank has announced the book closure to repay the bonds of 2011 which is to be matured on December 16. The bank said that the principal amount of the 2011 bone series would be repaid at par on December 16th. The interest on these bonds… Read More »
According to a recent press release Moody’s has re-affirmed its rating for ICICI Bank and said the private sector lender has continued to maintain a healthy franchise and a strong liquidity, capitalization and earnings profile. The report also said that the probability of systemic support for ICICI Bank is high, given its sizeable retail deposit… Read More »
A recent press report said that two people were arrested in southeast Delhi for allegedly forging documents and cheating ICICI bank of over Rs 63 lakh. The accused were been identified as Girish Pathak and Jitender Singh, said cops. According to reports the accused had faked the signature of the customer and placed a request… Read More »
A recent press report said that Oriental bank of Commerce and State Bank of India has launched their co – branded credit cards. Both the banks have already entered into a memorandum of understanding (MoU) regarding this purpose. In his statement Mr. Nagesh Pydah, Chairman and Managing Director said that by the end of March… Read More »
A recent press report said that Public sector lender Canara Bank has set up a wholesale branch in Bahrain. The branch will offer services to the Indian corporations operating in the gulf region. The corporates will be offered a wide variety of products and services through the bank’s new branch. Reports said that through this… Read More »
A recent press report said that the largest lender of the country, State Bank of India has entered the team of members for credit information agency, Experian. Reports said that major lenders in India have so far been subscribing to CIBIL for getting their required credit details including SBI. But with opening up of new… Read More »
A recent press report said that the Jammu and Kashmir Bank has planned to raise its prime lending rate (PLR). The affect of the hike in the repo rate on the various policies of banks is taking shape. The bank has taken the step after the recent hike in policy rates announced by the Reserve… Read More »