According to a recent press report, industry chamber Ficci has said that SBI’s credit rating downgrade by Moody’s is likely to have far reaching implications on the Indian banking system as bad debts are expected to rise on account of high interest rates. Ficci has said that the slowing growth, high inflation and interest rates,… Read More »
A recent press report said that State Bank of Mysore has introduced a customer friendly initiative according to which aggrieved customers now need to just send an “unhappy” SMS to an exclusive number. Within seconds, an auto-generated message will acknowledge the message receipt with a complaint number, the sender’s mobile number, date and time of… Read More »
A recent press report said State Bank of Mysore has launched online loan application and tracking for home loans, education loan, vehicle loan and micro, small and medium enterprise (MSME) loans. The customers just need to fill in the details such as name, residential address, contact details, email ID, income details and choice of branch… Read More »
Purpose – The loan offers financial assistance to all schemes with Income Generating Activities Revolving Fund – Revolving fund For groups revolving fund equal to group corpus subject to minimum of Rs. 5000 and maximum of Rs.10000/- will be released by DRDA/AP. Banks credit also be linked to group corpus and can be to 4… Read More »
The Bank was established on 24th January 1984. The Bank Operates through it’s Eleven Branches, a state of Art Training Centre, A Modern Data Centre, and Head Office. All the Offices are air conditioned, well equipped, fully computerized and interconnected. Deogiri Bank is the first bank in Marathwada to opt core banking pattern for its… Read More »
According to recent press reports State Bank of Mysore’s has recorded net profits of Rs 164 crore during the fourth quarter of last fiscal. Reports said that lesser provisioning during the fourth quarter of last fiscal helped the bank boost up its net profit by 32 per cent from Rs 124 crore recorded during the… Read More »
Cauvery Kalpatharu Grameena Bank is one of the Regional Rural Banks established under Regional Rural Banks Act, 1976. Cauvery Kalpatharu Grameena (CKG) Bank was established on 24th May 2006 by amalgamation of Cauvery Grameena Bank and Kalpatharu Grameena Bank. It is sponsored by State Bank of Mysore. It is jointly owned by Government of India,… Read More »
Cauvery Kalpatharu Grameena Bank is one of the Regional Rural Banks established under Regional Rural Banks Act, 1976. Cauvery Kalpatharu Grameena (CKG) Bank was established on 24th May 2006 by amalgamation of Cauvery Grameena Bank and Kalpatharu Grameena Bank. It is sponsored by State Bank of Mysore. It is jointly owned by Government of India,… Read More »