Purpose – Purchase or construct a new house/flat; Purchase an existing (old) house/flat or extend / enlarge an existing house; Repair or renovate an existing house flat Eligibility – Individual(s) over 21 years of age with a regular source of income including persons engaged in agriculture and allied activities are eligible for availing loans under… Read More »
Saurashtra Gramin Bank is a Regional Rural Bank, was established under RRB Act, 1976 & Three banks namely JRGB, JAGB & SBGB, new prompted by SBS (now SBI) since 1978. These three Banks were amalgamated into one Bank namely Saurashtra Gramin Bank as per the Government of India directives since 02/01/2006. The bank is actively… Read More »
A recent press report said that ICICI Bank Limited, India’s largest private sector Bank, has made its online money transfer tracking service Money2India.com much more convenient to access anytime, anywhere through mobile phones with GPRS connection. This service will help the Non- Resident Indians (NRIs) to track exchange rates, as well as track their money… Read More »
Purpose – To finance qualified medical practitioners; for buying equipments (For dentists the loan also covers dental implants besides equipments. For orthopedists, the loans also covers various replacements implants for hip knee shoulder spine etc.) Setting up clinic, nursing home, pathology labs, drug store, ambulance, computers, vehicles; Extension renovation modernization of existing Premises Eligibility – … Read More »
Saurashtra Gramin Bank is a Regional Rural Bank, was established under RRB Act, 1976 & Three banks namely JRGB, JAGB & SBGB, new prompted by SBS (now SBI) since 1978. These three Banks were amalgamated into one Bank namely Saurashtra Gramin Bank as per the Government of India directives since 02/01/2006. The bank is actively… Read More »
Saurashtra Gramin Bank is a Regional Rural Bank, was established under RRB Act, 1976 & Three banks namely JRGB, JAGB & SBGB, new prompted by SBS (now SBI) since 1978. These three Banks were amalgamated into one Bank namely Saurashtra Gramin Bank as per the Government of India directives since 02/01/2006. The bank is actively… Read More »
According to a recent press report Union Bank of India increased its base rate by 50 basis points to 10.75 per cent. Union Bank of India (UBI) is one of India’s largest state-owned banks that are listed on the Forbes 2000. It has assets of USD 13.45 billion and all the bank’s branches have been… Read More »
A recent press report said that Regional rural banks (RRBs) may need more time to shift entirely to core banking solutions (CBS) than that allotted by the RBI. The deadline to adopt core banking solution is set to expire at the end of September. Mr. R. Khan, Deputy Governor, Reserve Bank of India (RBI) said… Read More »
Dhanlaxmi Bank has hiked its retail term deposit rates in two baskets, taking it into double digits in one maturity. As per the new slabs the depositors will earn 10 per cent per annum for a special 300-day term deposit. The rate of 10 per cent is applicable for deposits below Rs one crore. Mr.… Read More »
According to a recent press report Crisil has said that the demand for retail loans is likely to be extremely strong in tier -II cities due to increased penetration and entry of more players. a recent report by Crisil titled ‘Retail loan products: Opportunities and risks beyond the metros and mini-metros’ said that the retail… Read More »