Search results
Results from the WOW.Com Content Network
The bank provided employment opportunities to the educated members of the local community. It had an initial paid-up capital of ₹8,000. It was unlike other banks which primarily financed trade and industries in urban areas. So as a new bank, Syndicate Bank decided to exploit the untapped small and medium enterprise and the agriculture sector. [2]
The bank was established in 2010 with the amalgamation of the erstwhile Lucknow Kshetriya Gramin Bank and Sitapur and Triveni Kshetriya Gramin Bank, Orai. It is sponsored by Allahabad Bank . It was created under Gazette Notification of 2 March 2010 issued by the Indian Ministry of Finance under Sub-Section (1) of Section 23 A of the Regional ...
Tamil Nadu Grama Bank (TNGB) is a regional rural bank headquartered at Salem in Tamil Nadu, India. The bank is jointly owned by the central and state governments and sponsored by the Indian Bank. It is under the ownership of the Ministry of Finance, Government of India.
The bank moved its headquarters from Bombay to London in 1845, and opened branches in Colombo (1843), Calcutta (1844), Shanghai (1845), Canton (1845), Singapore (1846), and Hong Kong (1846). [4] The bank acquired the failing Bank of Ceylon in 1850, and obtained a royal charter for the merged institution under the name Oriental Bank Corporation ...
In 1849, the bank was on the verge of failure. The bank was finally closed in the year 1850. Legacy. The bank is notable for being the twenty eighth oldest bank in India. The bank played a key role in the history of Banking in India. See also. Banks portal; Indian banking; List of banks in India; References
Maharashtra Gramin Bank [1] is an Indian Regional Rural Bank (RRB) or Gramin bank, in the State of Maharashtra with its head office is in Aurangabad.It is one of the 43 Gramin banks in India supported by the government that aim to bring banking services to rural areas.
Andhra Bank was a medium-sized public sector bank (PSB) of India, with a network of 2885 branches, 4 extension counters, 38 satellite offices and 3798 automated teller machines (ATMs) as of 31 March 2019. [2]
The management ignored warnings from its own financial stability unit, according to one former staff member, whose evidence to the parliamentary inquiry was questioned by a number of other staff members, [12] and from the Economic and Social Research Institute about the scale of bank loans to property speculators and developers [13] leading to ...