The Mumbai District Central Co-operative Bank Limited is a central financing agency of all affiliated co-operative societies in Mumbai district, which is popularly known as “MUMBAI BANK” and is registered under MCS Act in the year 1974 and started its functioning on 12th Feb.1975. Since there is no agriculture production in this District, MUMBAI BANK… Read More »
The Mumbai District Central Co-operative Bank Limited is a central financing agency of all affiliated co-operative societies in Mumbai district, which is popularly known as “MUMBAI BANK” and is registered under MCS Act in the year 1974 and started its functioning on 12th Feb.1975. Since there is no agriculture production in this District, MUMBAI BANK… Read More »
A recent press report said that North Malabar Gramin Bank’s total business has exceeded Rs. 5000 crore. Mr. V.K Saigal, chairman of NMGB said that the bank’s deposits have increased by 13 percent to Rs.2326 crore. Currently the net profit of the bank is Rs.12 crore but the target amount was actually Rs.18 crore for… Read More »
A recent press report said that State Bank of Travancore’s Staff Union has asked the Union government to withdraw the Banking Amendment Bill-2011 presented in the Lok Sabha as they feel it would undo the gains the banking sector had made through the nationalization of banks in 1969. Reports said that the resolution passed at… Read More »
Purpose: For the purchase of new and old cars Eligibility: The borrower should be within 21 – 65 Years of age and must be able to repay the loan Quantum of Loan: 80% on Purchase price (On Road); old car is not more than 3 years on purchased date, loans will be sanctioned 50% on… Read More »
Sardar Vallabhbhai Sahakari Bank Limited is a Co-operative Bank that got the License No. DBOD-UBD-GJ-351P from Reserve Bank of India’s on 21/11/1983. The Bank then spread its network with 4 branches in Ahmadabad City and 1 branch at Unjha (Mehsana District). The Bank is providing Safe Deposit Vault (Locker) facility at its Law Garden and Isanpur… Read More »
The city Co- operative bank is one of the well known banks having almost 8 branches in Mumbai and 2 branches in Thane District. In addition to banking for conveniences of its customers the Bank is also providing insurance and other services. Its loan portfolio includes housing loan, personal loans, educational loans, business loans, mortgage… Read More »
A recent press report said that the public sector bank IDBI has planned to raise around $ 200 million overseas fund through medium term notes from Switzerland market. In his statement Mr. Melwyn Rego, the Executive Director of IDBI bank said that they have been observing the Switzerland market keenly and the Korean Exim bank… Read More »
A recent press report said that South Indian Bank would be the title sponsors for the fifth edition of the Grand Kerala Shopping Festival (GKSF). Reports said that the talks are on to finalize co-sponsors for the annual trade and commerce jamboree being organised by the Department of Tourism, Kerala. An official from the bank… Read More »
Pune-based public sector lender Bank of Maharashtra is hopeful of receiving Rs 800 crore from the government as part of the capital infusion plan in the current fiscal. Mr. A. S. Bhattacharya, CMD, Bank of Maharashtra said that the bank has approached the government for additional capital infusion of Rs 800 crore. He said that… Read More »