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Regional Rural Banks

Jul 24, 2014 at 18:24 | Source: PTI
Capital formation in agriculture which is the key to the development of the rural infrastructure. That is the one area where we are still hugely lacking, said FM Arun Jaitley.
Jul 21, 2014 at 11:49 | Source: Moneycontrol.com
Ashok Leyland, NTPC and Orient Cement were the top sells by the fund, while South Indian Bank, Rural Electrification Corpn. and JSW Energy were the top buys.
Jul 18, 2014 at 19:00 | Source: PTI
Earlier, ADB had projected 6 percent growth for India in the financial year. Pinning hopes on improved outlook for the largest economy (India) in South Asia, it said expansion in the sub-region is expected to reach 5.4 percent in 2014 and pick up to 6.1 percent in 2015.
Jul 14, 2014 at 18:55 | Source: PTI
The RBI has initiated a move to allow banks to mobilise all unclaimed and unused deposits to form a fund that would be utilised for educating customers about banking and other related aspects, Deputy Governor R Gandhi said.
Jul 11, 2014 at 13:27 | Source: CNBC
If regional banks restrict lending because of excessive bad loans or because of monetary tightening, as is currently the case in China, it can tighten the noose on some companies, he said.
Jul 10, 2014 at 17:51 | Source: PTI
Rural development lender Nabard today welcomed Budget proposals for farm sector terming them "very positive and timely" that will help rural economy.
Jul 10, 2014 at 14:44 | Source: CNBC-TV18
The FM has proposed to hike excise duty on some cigarettes by 11 percent, some by 72 percent. He has hiked excise duty on gutka to 70 percent from 60 percent. This will negatively impact those in the business of such products.
Jul 10, 2014 at 12:00 | Source: CNBC-TV18
More money for Nabard for rural infrastructure - Rs 5,000 crore more. This will benefit banks who can`t lend to priority sectors too. There will be measures to boost agricultural credit. Nabard to get another Rs 5,000 crore for long-term farm credit.
Jul 09, 2014 at 21:58 | Source: Moneycontrol.com
Ind Bank Housing has informed that Dr. P. jayapal, Sr. Executive Director, Regional Office, HUDCO, Chennai was nominated to the Board of Directors in the place of Shri K. Subramanian, Sr. Executive Director, Regional Office, HUDCO who had retired from service of HUDCO on attaining superannuation. Accordingly the Board inducted into him in t
Jul 09, 2014 at 11:42 | Source: CNBC-TV18
Dhirendra Tiwari, Head-Research at Antique Institutional Equities prefers Punjab National Bank and Bank of Baroda from the PSU banking space.
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Rishabhluck
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-operative and regional rural banks (RRBs) — can play a significant role in taking mutual fund products into those areas where there is limited scope of banking and people mostly deal in cash. "They can help distribute MFs among those involved in agriculture, trading, etc, who mostly deal in cash," an MF

8.40 PM May 23rd

avin 57

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Reliance  

rules out NPA bubble in regional rural banks ET 26 Feb 2014, 00:23 IST Nabard today said the regional rural banks (RRBs) will be able to maintain their gross non-performing assets this fiscal at the last year level of 6 per cent. NPA bites: United Bank may be bracing for worse, but stock surges 7% ET 24

5.38 PM May 10th

R Jagannathan

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cooperative banks, the local area banks and regional rural banks. Together, the scheduled banks these banks have over 81,000 branches, and nearly 100,000 ATMs. As against this, we have over 600,000 villages. That`s an average of one branch for every six or seven villages. Of course, averages hide the reality

2.11 PM Mar 24th

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Bank of India  

Source:Economic Times - KOLKATA: Reserve Bank of India has directed all regional rural banks to follow the minimum 9% capital adequacy rule from this year, marking the end of their transitory phase. RBI said the rule was made applicable to banks in India with a view to strengthening their capital

8.24 PM Nov 28th 2013

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Bank of India  

Source:Economic Times - KOLKATA: The Reserve Bank of India (RBI) has directed all regional rural banks to follow the minimum 9% capital adequacy rule from this year, marking the end of their transitory phase. The central bank said the rule was made applicable to banks in India with a view

8.18 PM Nov 28th 2013

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Syndicate Bank  

Source:The Hindu BusinessLine - Ashok Reddy Nukala has been appointed as new Chairman of Karnataka Vikas Grameena Bank (KVGB), a regional rural bank sponsored by Syndicate Bank. He is a graduate in agriculture science and has rich banking experience of 28 years. He has worked in different

7.10 PM Oct 1st 2013

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Syndicate Bank  

Source:The Hindu BusinessLine - Karnataka Vikas Grameen Bank (KVGB), a regional rural bank sponsored by Syndicate Bank, is planning to reach a business turnover of Rs 16,000 crore during the current financial year. On the sidelines of a programme to launch MSME (micro, small and medium enterprises

1.21 PM Sep 16th 2013

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Source:The Hindu BusinessLine - The regional rural banks (RRBs) have become inseparable part of the rural credit structure, said B. Vasudev, Regional Manager, Karnataka Vikas Grameena Bank (KVG Bank). Speaking at the Customers’ meet, held by KVG Bank’s head office branch at Dharwad, Vasudev said

10.59 AM Sep 16th 2013

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tier. “These are capable of offering a broad range of banking products and services to the domestic economy such as investment banking, wholesale banking and funding large infrastructure projects,” the RBI said. The third tier would have old private sector banks, regional rural banks and multi

11.38 PM Aug 28th 2013

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Source:The Hindu BusinessLine - The Reserve Bank of India has directed regional rural banks to become members of at least one of the credit information companies. This move comes in the wake of large number of RRBs not becoming members of any credit bureaus despite a specific legal requirement

5.52 PM Jul 28th 2013

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