The Kottayam District Cooperative Bank Limited No.4309 is the apex body of the PACS in the District. The Bank was registered on 31.07.1958 under the Travancore-Cochin Cooperative Societies Act and has started functioning on 01.09.1958. It is at present functioning under the control of KCS Act 1969 & byelaws, as approved by the RCS. As… Read More »
Vikas Bank is a Cooperative registered under Karnataka Souhara Act 1997. It is licensed under Reserve Bank of India to do the business of Banking. . Vikas Souharda Cooperative Bank believes in positive lending. The bank has various loan schemes like home loan, vehicle loan, personal loan, business loan, gold loan etc. Vikas Souharda Cooperative… Read More »
A recent press report said that Lakshmi Vilas Bank has introduced Visa Debit Gold Card for its premier customers. Mr. Somasundaram, Chief Executive of the bank said that the bank has issued around 3.75 lakh cards. He said that the bank is expecting at least a-third of its card holders to opt for the Visa… Read More »
A recent press report said that Karur Vysya Bank has reported an increase of 38 % net profit. The bank’s net profit has gone up to Rs. 116.70 crore against Rs 84.48 crore during the corresponding quarter of the earlier fiscal. Mr. K. Venkataraman, Chief Executive and Managing Director, of the bank said that the… Read More »
A recent press report said that City Union Bank has reported a 32 per cent growth in net profits at Rs. 59 crore for the first quarter of 2011-12 compared with Rs 44 crore for the same period last year. Reports said that the bank has planned to hike its base rate by 75 basis… Read More »
Prime Bank was created and commencement of business started on 17th April 1995. The sponsors are reputed personalities in the field of trade and commerce and their stake ranges from shipping to textile and finance to energy etc. Purpose – The loan is offered for meeting the expenditures of ones wedding Eligibility – Age: Minimum… Read More »
Yavatmal Urban Co-op. Bank offers innovative service and schemes. The bank was registered under Maharashtra State Co-operative Societies Act, 1960 on 12th April, 1965 vide registration no. YML/BNK/114 and license number UBD/MH/906P on 9th Nov.1987 and is governed by the Banking Regulation Act 1949 (A.A.C.S.) sec 5(CCV). Purpose – The loan is offered for the… Read More »
Purpose – The hospitalization loan offers financial support to pay the hospitalization/medical treatment cost Eligibility – Age: Minimum 25 years, Salaried: permanently employed for at least 2 years by a well-reputed organization including at least 6 months with present employer with minimum monthly income of BDT10000 Self employed: Professional experience or business establishment for at… Read More »
Prime Bank was created and commencement of business started on 17th April 1995. The sponsors are reputed personalities in the field of trade and commerce and their stake ranges from shipping to textile and finance to energy etc. Prime Bank is providing various types of Direct Finance and Working Capital to SSI (Small Scale Industries),… Read More »
A recent press report said that the increase in cost of deposits and higher provisions have resulted in the fall in net profit for Bank of India in the April-June 2011 quarter. The net profit of the bank is at Rs. 517.50 crore in the quarter which is 29 per cent lower compared with Rs… Read More »