Purpose: Providing short term working capital for agriculture and allied activities, other domestic consumption requirements and other term credit needs, this loan can be utilized. To meet financial requirement for rural housing also this loan can be taken. Eligibility: Only the existing land owned borrowers, who have been availing any farm advance against mortgage… Read More »
In 1976, the central government amalgamated Uttar Bihar Kshetriya Gramin Bank and Kosi Kshetriya Gramin Bank (transferor regional rural banks) sponsored by Central Bank of India in the state of Bihar into a single regional rural bank which began to be called as Uttar Bihar Gramin Bank with its head office at Muzaffarpur. Now area… Read More »
A recent press report said that the Thrissur-headquartered South Indian Bank has planned to raise capital during the current fiscal to take care of its future requirement and also to start a non-banking finance company as a fully-owned subsidiary. Dr A.V. Joseph, SIB’s Chief Executive Officer and Managing Director, told the press that the bank… Read More »
Sarva U.P.Gramin Bank, sponsored by Punjab National Bank one of the leading commercial Bank of India, came into existence by amalgamation of 4 Regional Rural Banks. The Bank has its Head Office in Meerut. Purpose: Loan against Mortgage of immovable property in Urban and Semi urban centers finances need of business &/or personal needs.… Read More »
In 1976, the central government amalgamated Uttar Bihar Kshetriya Gramin Bank and Kosi Kshetriya Gramin Bank (transferor regional rural banks) sponsored by Central Bank of India in the state of Bihar into a single regional rural bank which began to be called as Uttar Bihar Gramin Bank with its head office at Muzaffarpur. Uttar Bihar… Read More »
Sarva U.P.Gramin Bank, sponsored by Punjab National Bank one of the leading commercial Bank of India, came into existence by amalgamation of 4 RRBs (Uttar Pradesh Gramin Bank Meerut, Kisan Gramin Bank Budaun, Rani Laxmi Bai Gramin bank Jhansi AND Davi Patan Gramin bank Gonda). The Bank has share Capital of Rs 6.00 Crore, subscribed… Read More »
In 1976, the central government amalgamated Uttar Bihar Kshetriya Gramin Bank and Kosi Kshetriya Gramin Bank (transferor regional rural banks) sponsored by Central Bank of India in the state of Bihar into a single regional rural bank which began to be called as Uttar Bihar Gramin Bank with its head office at Muzaffarpur. Now area… Read More »
A recent press report said that HSBC is aiming to reach $1 billion in profit before tax in India, in the medium term. The bank said that it expects India to join Hong Kong and mainland China as ‘billion-dollar’ businesses. Reports said that the strategic focus for India is to lead financing for the country’s… Read More »
Sarva U.P.Gramin Bank, sponsored by Punjab National Bank one of the leading commercial Bank of India, came into existence by amalgamation of 4 RRBs. The Bank has its Head Office in Meerut. Purpose: This loan finances purchase of new / old cars, van jeep. Eligibility: Any individual with sufficient income to repay the… Read More »
SIDBI is the principal financial institution for the promotion, financing and development of industry in the small scale sector. The Small Industries Development Bank of India provides direct credit schemes for Micro, Small and Medium Enterprises Purpose Development Bank of India A quasi equity for Micro, Small and Medium Enterprises where the promoter is short… Read More »