According to recent press reports Mr. Sandeep Das has been appointed as Managing Director and Head of Standard Chartered Bank. Reports said that Mr. Das has 20 years of experience with the bank and were earlier General Manager Premium Banking, Consumer Banking. He will be responsible for the private bank’s strategy for growth in India,… Read More »
A recent press repots said that Indian Bank has planned to push for educational loans in Karnataka. The outstanding of the bank stood at Rs 44.67 crore benefiting 1,698 students in the State. Mr. T.M. Bhasin, Chairman and Managing Director of Indian Bank, said the bank’s total educational loan portfolio stood at Rs 2,810.67 crore… Read More »
A recent press report said that a Leading private equity firm ICICI Venture has planned to raise up to Rs 1,000 crore from high net worth individuals in the next 6-9 months to invest in the residential real estate. Mr. Sanjeev Dasgupta, ICICI Venture President (Real Estate) told the press that they are planning to… Read More »
A recent press report said that HDFC Bank, the second largest private sector bank in the country, held a Mega Loan Mahotsava at Patas near Pune in Maharashtra. The bank had organized a first-of-its-kind one-day Mega Loan Mahotsava in Patas with a focus on loans for construction (home loan), earth-moving equipment and agriculture. Reports said… Read More »
A recent press report said that Corporation Bank has opened its branches at Tundla and Usaini in Firozabad district of Uttar Pradesh recently. The branch was opened by Mr. Ramnath Pradeep, Chairman and Managing Director of the bank. The branches come under Meerut zone of the bank consisting of branches in Uttarakand and some districts… Read More »
The Thane Janata Sahakari Bank Ltd has emerged as one of the leading multi state scheduled co-operative Bank in the country. It presently is catering to the needs of society through a close network of 54 Branches and 1 Extension Counters spread all over the city of Thane, Mumbai, Navi Mumbai, Nasik, Pune & Satara. The… Read More »
A recent press report said that Bank of India has decided to process all credit-related services for benefit of its customers. Mr. Prem Kumar, general manager, of the bank told the press that the bank would process loans within a fixed time frame. He said that all credit proposals between Rs. 1 crore and Rs.… Read More »
Vidharbha Kshetriya Gramin Bank, sponsored by Central Bank of India, is established on 12/09/2005 as per GOI Notification No. F. No. 1 2)/2001/RRB dated 12/09/2005 amalgamating three RRBs working in Akola, Washim, Buldhana and Yavatmal district from 1983-84. This Bank is 100% computerized, and is in the process of migration to CBS platform very soon.… Read More »
Vidharbha Kshetriya Gramin Bank, sponsored by Central Bank of India, is established on 12/09/2005 amalgamating three RRBs working in Akola, Washim, Buldhana and Yavatmal district from 1983-84. The thrust area of the Bank is to include all rural poor, totally into the formal Banking systems through financial inclusion. The Bank offers home loan, educational loan,… Read More »
A recent press report said that Vijaya Bank has planned to recover its bad debts. Employees irrespective of the cadre can attempt the recovery of bad loans and they would carry an incentive, which will be a percentage of the recovered amount. The bank has doubled its recovery target of bad debts to Rs 1,000… Read More »