A recent press report said that YES Bank has planned to have a branch network of 750 branches across the country by 2015, and 15-20 per cent of these would be located in the South. Mr R. Ravichander, Group President , Business Development (South), YES Bank, told the press that the metro centers are likely… Read More »
This Bank was first established as a Co-operative Urban Credit Society in the year 1917. This was later on converted into a Bank. Till 1993 the Bank had only 8 branches spread over Satara District of Maharashtra only. Since then it has expanded its wings in other prominent Districts of Maharashtra viz. Sangli, Kolhapur, Solapur,… Read More »
Jalgaon Janata Sahakari Bank Ltd. was established on 20th January, 1979. The Bank attained “Scheduled Bank” status on 29th January, 2000. The bank works with a vision of”Carve the names on the heart of common man instead of carving names on marble”. By the time Jalgaon Janata Sahakari Bank celebrated its Silver Jubilee in the… Read More »
Jalgaon Janata Sahakari Bank Ltd. was established on 20th January, 1979. The Bank attained “Scheduled Bank” status on 29th January, 2000. By the time Jalgaon Janata Sahakari Bank celebrated its Silver Jubilee in the year 2003-2004, the bank had already achieved over Rs. 300 crore as deposits. Purpose: For business purpose or internal loan requirements… Read More »
According to a recent press report Vijaya Bank’s net profits went down 58.5 per cent to Rs 54.23 crore, compared with Rs 130.92 crore in the corresponding quarter of the 2009-10 fiscal due to increase in the employee costs compared to the fourth quarter of the last fiscal. Mr H.S. Upendra Kamath, Chairman and Managing… Read More »
Recent press reports said that Dr N. Kamakodi, who assumed office as Executive President of Kumbakonam-headquartered City Union Bank, four months ago, has been elevated as Managing Director and Chief Executive Officer of the bank. Reports said that Dr N. Kamakodi is expected to take charge from the 1st of May 2011. Dr N. Kamakodi… Read More »
Purpose: The scheme offer loans to people to avail loan for purchase of house or flat, besides repairs or extension of existing houses. Eligibility: Individuals and housing boards undertaking housing project or schemes are eligible to receive finance under the scheme. The borrower must have permanent source of income, repayment capacity and should be prepared… Read More »
Purpose: This loan is for financing personal needs. (e.g. family holiday tour, medical treatment, education expenses, marriage etc.) or business needs. Eligibility: The applicant of personal loan has to be a minimum of 21 years of age. Repayment: Repayment tenures are up to 60 months. One may prepay the loan with no penalty, or pay… Read More »
Purpose: This loan can be taken for any purpose. Eligibility: Any salaried individual, professional or self employed individual can avail this loan. Quantum of loan: Maximum amount of this personal loan that could be attained is Rs. 10 lakhs. Margin: There is a margin of 35%. Rate of Interest: The rate of interest is 10%… Read More »
Purpose: This loan can be use for any purpose (like medical treatment, Instant marriage, any instant incident). Eligibility: Any salaried individual, professional or self -employed individual can avail this personal loan. Quantum of loan: Up to a maximum of 90% of the proposed expenses will be granted as loan. Rate of Interest: Repayment: The term… Read More »