A recent press report said that YES Bank and Malayan Banking Berhad (Maybank), a Malaysian bank has entered into an agreement to collaborate on cross-border investment banking advisory, corporate banking, trade finance, remittance and other allied services. Dr Rana Kapoor, Founder, Managing Director and CEO, YES Bank, said that the banks tie up with Maybank… Read More »
A recent press report said that private sector lender Yes Bank has appointed Mr. Asit Oberoi as its Senior President and Chief Operating Officer. Reports said that he will be responsible for overall operations and service delivery at the bank. He is a chartered accountant, with 20 years of experience in the banking and finance… Read More »
A recent press report said that Bank of Baroda (BoB) has opened two branches, one in Manikbaug and the other in Pimple Saudagar in Pune. The branches were inaugurated by Mr. CD Kalkar, general manager (Maharashtra & Goa zone) of Bank of Baroda (BoB). Reports said that the ceremony was also attended by Kishor Kharat,… Read More »
According to a recent press the new policy rate hike seems not to have come as a jitter to small private lenders. Small private lenders such as Catholic Syrian Bank, Tamilnad Mercantile Bank and City Union Bank have already raised their base rate before RBI’s rate hike announcement. Mr. A.K. Jagannathan Managing Director and Chief… Read More »
Rushikulya Gramya Bank, the first of three Regional Rural Banks sponsored by Andhra Bank was established on 14th day of February, 1981 under provision of Section 3 of the Regional Rural Bank Act, 1976 with its Head Office at Berhampur (Ganjam), Orissa. As a Scheduled Commercial Bank, it is authorized to conduct all types of banking activities… Read More »
Purpose – To provide hassle free finance to borrowers in SSI, Trade and Service sector by means of mortgage of property with adequate value. Type of loan – Cash credit/ Term loan Eligibility – a) Existing customers with a satisfactory track record of three years. b) Cash profit during last 3 years and net profit… Read More »
A recent press report said that the sixth largest PSU Central Bank of India has decided to open a new branches and hence hiring people. According to the report, the concentration will be on branch expansion, hiring young people, leveraging on technology and the global foot print. Thus restoring the position of the bank. Mr.M.V.… Read More »