Canara Bank, BoI merge RRBs in Uttar Pradesh

The regulator is likely to allow business correspondents of banks to sell policies in India's rural regions to boost sales The IRDA (Insurance Regulatory and Development Authority) wants risk cover providers to offer maturity benefits on every ...

Authorised capital proposed to be enhanced from Rs 5 cr to Rs 500 cr

: Tripura already has altogether 373 branches of various nationalised and regional rural banks but by the end of the current financial year the state will have eighty more bank branches in the rural areas of the state. In addition , altogether 170 ...

Public sector banks have opened a total of 11,887 branches in various regions, including rural and metropolitan areas, and recruited over 1.72 lakh persons in these new offices in the last three financial years. Public sector banks (PSBs) opened 3,719 ...

National Bank for Agricultural and Rural Development (NABARD)--which monitors rural co-operative banks in the country--has played a phenomenal role in empowering rural India. Today, NABARD caters to almost 3 crore farmers across the country. The ...

, a regional rural bank sponsored by Canara Bank having its headquarters in Bellary, recorded a net profit of Rs 62.41 crore for the year 2012-13, compared with Rs 12.61 crore in the previous year. "Continuous drought for three years increased the ...

Baroda Gujarat Grameen Bank (BGGB), a regional rural bank sponsored by Bank of Baroda (BoB), has launched RuPay ATM Card. With this initiative, about 8 lakh customers of BGGB will have a...

The institution, proposed in the Budget, should focus on rural and semi-urban regions and yet deploy the best available resources.

The Regional Project on Sustainable Management of Endemic Ruminant Livestock in West Africa (PROGEBE-Gambia) has handed over several water facilities worth D11 million to beneficiary communities in Kiang West, Niamina East and Nianija Districts.