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 »
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 Kolkata main branch office of State Bank of India at Strand Road has undergone a structural change in order to provide upgraded service to various groups of its customers. Reports said that the main branch has been segregated into three branches namely High Court branch, Specialised Institutional Banking… Read More »
A recent press report said that the country’s largest lender the State Bank of India, which has witnessed huge erosion in its net profit, has set up 14 account tracking centres to check non-performing assets. Ms. Namo Narain Meena, minister of state for finance, said at the Rajya Sabha that the State Bank of India… Read More »
Big- Cash is a personal loan offered by the bank to meet unforeseen expenses like marriage, education, social obligation. Purpose – To offer financial assistance to meet unforeseen expenses like marriage, education, social obligation Quantum of Loan – 90% of proposed expenditure with maximum ceiling of Rs. 2.00 lakh Upper ceiling may be waved in… Read More »
A recent press report said that Canara Bank is expecting about Rs. 1,200-crore business this year from its 150 financial inclusion branches in the country. Ms. Archana S. Bhargava, Executive Director, Canara Bank, told the press that the bank was treating financial inclusion as a business opportunity and that the bank is expecting that the… Read More »
A recent press report said that Kolkata-based United Bank of India has just sanctioned Rs. 100-crore loan to Bandhan Financial Services, the country’s fourth-largest microfinance institution (MFI) by assets. Reports said that it is the largest loan offered to an MFI after banks virtually stopped lending to such firms after an October 2010 ordinance by… Read More »
Krishna Grameena Bank (KGB) is a Regional Rural Bank established in terms of provisions of Regional Rural Banks Act 1976 & is sponsored by State Bank of India. The shareholders of the Bank are Government of India (50%), State Bank of India (35%) and Government of Karnataka (15 %). The Bank is established on 01-12-1978.… Read More »
Krishna Grameena Bank (KGB) is a Regional Rural Bank established in terms of provisions of Regional Rural Banks Act 1976 & is sponsored by State Bank of India. The shareholders of the Bank are Government of India (50%), State Bank of India (35%) and Government of Karnataka (15 %). The Bank is established on 01-12-1978.… Read More »
Krishna Grameena Bank (KGB) is a Regional Rural Bank established in terms of provisions of Regional Rural Banks Act 1976 & is sponsored by State Bank of India. The shareholders of the Bank are Government of India (50%), State Bank of India (35%) and Government of Karnataka (15 %). The Bank is established on 01-12-1978.… Read More »