Kalyan Suvidha is the personal loan offered by The Kalyan Janata Sahakari Bank Limited for the purchase of Consumer Durables / Two Wheelers, House Repair, repayment of old debt, meeting expenses for ceremonies like marriage etc. Purpose – For repair/ renovation of residence, for purchasing home appliances, for purchasing electronics goods, for purchasing two-wheeler,… Read More »
Kalyan Saraswati is the educational loanoffered by the Kalyan Janata Sahakari Bank Limited in order to meet the expenses of Educational or Professional Courses. Purpose – To meet expenses for pursuing higher education, at India or abroad Eligibility – Should have passed all previous examinations in one attempt, must have secured admission for… Read More »
The Kalyan Janata Sahakari Bank Limited offers business loans named Kalyan Udyog in order to meet the expenses of Small and Medium Enterprises. Purpose – The loan is offered for purchasing business premises (shop/office/ gala), for working capital and for any other business purpose. Eligibility – Salaried employees or businessmen, self-employed, professionals, or people… Read More »
According to recent press reports Indian Overseas Bank, has recorded a net profit of Rs 434 crore for the fourth quarter ending March 31, 2011, which is three times higher than the net profit for the same period the previous year. Mr. M. Narendra, Chairman and Managing Director, Indian Overseas Bank, said that the bank’s… Read More »
On 13th January, 1977, Janab Dr. Mumtaz Ahmed Khan and Janab K.Rahman Khan founded the Amanath Co-operative Bank and within a short span of 26 years, the Bank has attained the status of Karnataka’s first scheduled Urban Co-operative Bank. The Reserve Bank of India conferred the “Scheduled Status” on Amanath Bank effective from 29th January,… Read More »
Recent press reports said that banking sector has planned to recruit about 7.5 lakh people in the next five years. There is also a critical shortage of middle management because of increase in retirements which are to come up. This will ensure that the bank has enough people to offer services in sections like bank… Read More »
Recent reports said that Bank of India is planning to raise its Tier I capital, either through a follow-on public issue or a rights issue this fiscal. The bank has planned for the rise in TIER I capital in order to maintain its Capital Adequacy Ratio at 13 per cent and Tier I capital at… Read More »
According to recent press reports Kolkata-based Allahabad Bank is planning to go for a medium term notes (MTN) issue to raise $500 million to fund its overseas expansion program. The senior officials of the bank said that the bank is expected to continue with the MTN issue in another three months, and will be listed… Read More »
Union Bank of India had sponsored four RRBs in India out of which three were in U.P namely, Kashi Gramin Bank, Gomti Gramin Bank and Samyut Kshetriya Gramin Bank. Samyut Khetriya Gramin Bank established on 6th Jan 1976, with its Head Office at AZAMGARH. It covered 4 districts namely zamgarh, Mau, Gazipur and Ambedker Nagar… Read More »
The Kapol Co-operative Bank Ltd. Was established in the year 1939 by Late Rajratna Shri Khushaldas Parekh, an educationalist, socialist and reformist. The bank was established with the main objective of the bank is to serve the economically weaker sections of the society. The bank achieved the “scheduled bank status” in January, 1988 and “Multi… Read More »