Searched for
UNBANKED AREAS
These large- mid- and small-cap stocks have an upside potential of up to 31% in 1 year, according to analystsAs nothing can be ruled out on the street, be prepared for anything. Now, what is the probability that the bears will be chased away from t...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%It is not every day that you see crude oil prices moving higher and the Asian markets, including India, also inching higher. Now, as an inv...
J&K Bank launches mobile branches to offer services in remote areas of LadakhJammu and Kashmir Bank on Monday launched two mobile branches in Ladakh to offer banking services in remote areas of the Union Territory. "...
Meghalaya govt signs MoU with finance department, state rural bank to ease banking services"This will help the State achieve its objective of financial inclusion, and also in transferring the financial benefits of the State as wel...
Inclusion drive: In 4 days, PSU banks open 12 lakh rural accountsState Bank of India has held 10,440 camps in the last four days and opened seven lakh new bank accounts and issued close to three lakh RuPa...
Government directs banks to open account in unranked areasICICI Bank on Monday said the bank would train villagers in 100 villages on how to use digital channels for payments.
Ujjivan expects modest growth on way to becoming a small bankThe company will be focusing on growing its individual loan portfolios, mainly the micro SME funding and the housing segment.
Much remains to be done on financial inclusion: RBI Deputy Governor KC ChakrabartyChakrabarty is credited with pushing banks to lend to the economically weaker sections and opening more branches in unbanked areas.
- RBI asks banks to expand branches in unbanked rural areas
Reserve Bank has asked banks to expand their branches in unbanked rural centres and draw up their next Financial Inclusion Plan (FIP) for t...
- Parliamentary Panel for opening branches in unbanked areas
A Parliamentary panel today said banks should open branches in rural and unbanked areas and treat them as "service centre" instead of "prof...
Nagaland State Co-operative Bank move to cover unbanked areasAs per RBI directives to cover all unbanked blocks in the state, the Nagaland State Co-operative Bank (NSCB) has signed a Memorandum of Und...
- Financial inclusion must for new banks
Indian banks struggled to meet their priority sector lending targets in 2011-12, especially after the revision of sub limits in segments.
New Banks will have to lend 40% to priority sector and 25% branches in unbanked areasFor every Rs.100 that a prospective applicant (for new banking license) wants to lend, he will have to lend Rs.40 to small farmers, student...
- RRBs asked to open at least 25 pc branches in unbanked areas
RBI today asked regional rural banks (RRBs) to open at least one-fourth of their proposed branches in unbanked parts of the country, a move...
- Banks should open 25 pc branches in unbanked areas: RBI
Giving further direction to bankers, Subbarao said that it has agreed to take forward financial inclusion programme more meaningfully in J&...
- Banks to get sops for rural reach
Reward in form of financial incentives are in the offiing for commercial banks that open branches in the unbanked areas of the country, as ...
- Banks face uphill task to improve penetration in state
Come Sunday, Union finance minister Pranab Mukherjee is going to roll out 11 branches of State Bank of India simultaneously in West Bengal.