A recent press report said that State-run lender Central Bank of India has launched a special scheme offering to double depositors’ money in seven-and-a-half years. The scheme has been named as ‘Cent Double’, and will give an annualized yield of 13.33 per cent and is valid between September 1 and December 31. Reports said that… Read More »
A recent press report said that Canada Bank has opened a branch at Gudivakalanka in West Godavari district of Andhra Pradesh to reach unbanked villages under the Swabhiman plan of the Centre to implement financial inclusion. The bank has been allotted 130 unbanked villages. As part of its business plan to cover 25 of these… Read More »
Chikmagalur Kodagu Grameena Bank was established in the year of 1984 under the RRB Act1976. The Bank is named after the Districts Chikmagalur and Kodagu where the operational network is spread. The Bank is sponsored by the Corporation Bank a premier public sector Bank. The Bank has its Head Office at Chikmagalur, Karnataka State. The… Read More »
A recent press report said that the Reserve Bank of India (RBI) is likely to bring some regulation to protect those people who save money with the jewellers in monthly saving schemes for buying gold. Reports said that jewellers in major cities are virtually working like non-banking financial companies (NBFCs), without permission from the RBI… Read More »
The Rainwater harvesting scheme for customers is offered by the bank to cover the SC/ST farmers in Providing Irrigation facilities to the homesteads/ farm lands. In order to augment the income generating capacity of the SC/ST farmers, suitable local harvesting structures are proposed along with provision for small lifting devices on a nationwide scale. The… Read More »
The loan is offered by the bank to make the small and marginal holdings economically viable, to bring fallow lands and waste lands under cultivation, to step up agricultural production and productivity and to finance the share croppers /tenant farmers to purchase land to enable them to increase their income. The loan portfolio of the… Read More »
A recent press report said that the country’s second largest private sector lender HDFC Bank today opened its first branch in Leh, one of the highest locations in the world, and plans to add about 600 branches across the country during the current fiscal. HDFC Bank offers a wide range of commercial and transactional banking… Read More »
Chikmagalur Kodagu Grameena Bank was established in the year of 1984 under the RRB Act1976. The Bank is named after the Districts Chikmagalur and Kodagu where the operational network is spread. The Bank is sponsored by the Corporation Bank a premier public sector Bank. The Bank has its Head Office at Chikmagalur, Karnataka State. The… Read More »
A recent press report said that the government has directed public sector banks to process loan applications within three months, which is a move aimed at boosting economic activities. A senior public sector bank official told the press that the banks have received letter from the Finance Minister indicating time-limit for processing of loans. He… Read More »
Chikmagalur Kodagu Grameena Bank was established in the year of 1984 under the RRB Act1976. The Bank is named after the Districts Chikmagalur and Kodagu where the operational network is spread. The Bank is sponsored by the Corporation Bank a premier public sector Bank. The Bank has its Head Office at Chikmagalur, Karnataka State. The… Read More »