Mehsana Urban Co-Op Bank Limited was established on 23rd October, 1983, registered under Co Operative Society Act 1961 Registration No. 20052. The Bank started with one branch at Mehsana with Share Capital of Rs. 15.00 lakhs, made continuous Progress as on 31/03/2010 paid up share capital is Rs. 33.19 crore. The Bank was given status… Read More »
A recent press report said that syndicate bank has raised $500 million through a medium-term notes issue. The bank has planned to use these funds for “build-up of assets” at its London branch, which is the bank’s first ever international bond issuance. The bond was issued at a fixed coupon rate of 4.75 per cent.… Read More »
A recent press report said that Lakshmi Vilas Bank has revised its interest rates for term deposits. The was founded in 1926 by seven people of Karur under the leadership of Shri V.S.N. Ramalinga Chettiar, to cater to the financial needs of varied customer segments. The bank offers home loan, personal loan, auto loan, busiess… Read More »
A recent press report said that UCO bank has planned to open 37 SMEs hubs pan-India in FY’12 in order to facilitate single window clearance for loans. Mr. Arun Kaul, Chairman and Managing Director, UCO Bank Chairman said that the bank has planned to set up 37 hubs that will provide to the loan requirements… Read More »
Jalgaon Janata Sahakari Bank Ltd. was established on 20th January, 1979. The Bank attained “Scheduled Bank” status on 29th January, 2000. The bank works with a vision of “Carve the names on the heart of common man instead of carving names on marble”. Bank had all its branches computerized by the year 2000. By the… Read More »
Jalgaon Janata Sahakari Bank Ltd. was established on 20th January, 1979. The Bank attained “Scheduled Bank” status on 29th January, 2000. The bank works with a vision of “Carve the names on the heart of common man instead of carving names on marble”. Bank had all its branches computerized by the year 2000. By the… Read More »
This Bank was first established as a Co-operative Urban Credit Society in the year 1917. This was later on converted into a Bank. Till 1993 the Bank had only 8 branches spread over Satara District of Maharashtra only. Since then it has expanded its wings in other prominent Districts of Maharashtra viz. Sangli, Kolhapur, Solapur,… Read More »
A recent press report said that Andhra Bank’s net profit has increased 30.42 per cent at Rs 313 crore in the fourth quarter ended March 31, 2011, compared with Rs 240 crore in the year-ago period.The net interest income (NIM) of the bank has gone up by Rs 861 crore, registering a 31 per cent… Read More »
A recent press report said that Canara Bank is hopeful of maintaining its net interest margin (NIM) at about 3 per cent during the current fiscal, inspite of the hike in interest rates announced by the RBI in its recent credit policy.The bank recently announced a 50-basis-point increase in its base rate to 10 per… Read More »
This Bank was first established as a Co-operative Urban Credit Society in the year 1917. This was later on converted into a Bank. Till 1993 the Bank had only 8 branches spread over Satara District of Maharashtra only. Since then it has expanded its wings in other prominent Districts of Maharashtra viz. Sangli, Kolhapur, Solapur,… Read More »