According to a recent press report the Reserve Bank of India is determined to do policy review in between pause and rise in the Repo rate. Reports said that the RBI has a plan to increase the rates, but the Industry lobbies are against the tightening. The RBI refusal feels that the bank is anxiety… Read More »
A recent press report said that YES bank’s profit has increased from 176 crore to 235 crore in the July – September 2011 compared to the previous year. Mr. Rana Kapoor, CEO and Managing Director YES Bank said that the growth in the profit was through the Diversification of income said by. The net interest… Read More »
According to the recent press report Dalmier India Commercial vehicle (DICV) and HDFC Bank has tied up together for financing commercial vehicles. The CEO and Managing Director Mr. Marc Llistosella of DICV and HDFC Bank managing Director Aditya Puri had signed the MOU for their combined operations. Reports said that HDFC Bank will analyse the… Read More »
A recent press report said that State Bank of Travancore (SBT), has said that its net profit has fallen by 28.51% to Rs 116.95 crore in the second quarter ended September 30, 2011. The bank had posted a net profit of Rs 163.59 crore for the July-September period of 2010. Reports said that the total… Read More »
A recent press report said that YES bank’s profit has increased from 176 crore to 235 crore in the July – September 2011 compared to the previous year. Mr. Rana Kapoor, CEO and Managing Director YES Bank said that the growth in the profit was through the Diversification of income said by. The net interest… Read More »
According to a recent press report, Dalmier India Commercial vehicle (DICV) and HDFC Bank have tied up for financing commercial vehicles. The CEO and Managing Director Mr. Marc Llistosella of DICV and Mr.Aditya Puri, Managing Director,HDFC Bank signed the MoU for their combined operations. Reports said that HDFC Bank will analyse the requirements of their… Read More »
A recent press report said that the Reserve Bank of India’s hike in the interest rates will depend upon the inflation persistence. Dr. Subir Gokran the Deputy Governor Reserve Bank of India told the press that the if central Bank raises the interest rate and it is not the end in itself, if the problem… Read More »
According to the recent report from Insurance Regulatory and Development Authority, the apex body has planned create a database that will make sure that the insurers get the information regarding the claim history of individual borrowers. Reports said that the information collected by the IRDA will be a one single data that helps the insurers… 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 »