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 with its… Read More »
The Punjab & Maharashtra Co-operative Bank Ltd. (PMC bank) started its operations first time on 13th February, 1984. The bank was established with an aim to provide banking services that provides the customer utmost ease and convenience. Within a short span of just 16 years, it has achieved ‘scheduled’ status on 29/01/2000 and is the… Read More »
A recent press report said that Corporation Bank has focused on MSME (micro, small and medium enterprises) and agriculture sectors for growth during the current financial year. Mr Ramnath Pradeep, Chairman and Managing Director told the press that the bank desires to register 25 per cent growth in advances during the current financial year and… Read More »
A recent press report said that Canara Bank has decided to hold data mining or data warehousing to manage the increasing volume of business transactions. Ms Archana Bhargava, Executive Director, of the bank said that the process for the vital technology has reached the Request for Qualification (RFQ) stage in which leading vendors are represented.… Read More »
PURPOSE – To offer loans for Micro, Small and Medium manufacturing concerns, Ancillary units, vendors to large manufacturers, agro processing units , for traders, dealers, distributors of consumer products, agricultural inputs, educational institutions, hotels, travel, freight management, small hospitals, call centers, health care units, women entrepreneurs etc. ELIGIBILITY CRITERIA – The credit requirements of… Read More »
PURPOSE – Any genuine business or personal credit requirement excluding for speculative/prohibited purposes ELIGIBILITY – Bonafide owners of commercial or residential property, legally let out on lease/rental agreement to reputed institutions or companies. QUANTUM OF LOAN – Maximum of 75% of rent receivable excluding TDS by owner for whole or part of Lease… Read More »
Gurgaon Gramin Bank is a Regional Rural Bank, sponsored by Syndicate Bank having its Head Office at Gurgaon. It came into existence in the year 1976, and has operations in almost seven districts. The Bank is among the first RRB in the country under various financial parameters. The bank is also having its own Head… Read More »
PURPOSE – For Construction or Purchase of Built up, new House or flat; purchase of site for house construction & Construction thereon; for repairs, renovation or modification in existing house and for the takeover of the Housing loans from other finance Institutions; ELIGIBILITY – All salaried, self employed, business persons, agriculturist or pensioners with… Read More »
Gurgaon Gramin Bank is a Regional Rural Bank, sponsored by Syndicate Bank having its Head Office at Gurgaon. It came into existence in the year 1976, and has operations in almost seven districts. Bank is serving rural clients and has attained a leading position in extending micro credit through linkage of SHGs and also by… Read More »
The Urban Co-operative Bank Limited, Cuttack started functioning on 14th September, 1981 with its Head Office at Cuttack. This Bank initially started with share capital of Rs.2,33,000 collected from 772 members and has been adorning the status of the largest urban cooperative bank of the state as well as of the eastern region for decades.… Read More »