Sentences with phrase «rural banks»

It was established in 2006 and since then the Andhra Pragathi Grameena Bank has been recognized as regional rural bank in India.
Being the first ever regional rural bank in India, Prathama Bank, which came into the picture as the bank sponsored by the Syndicate bank, has exponentially grown and developed into a megabank.
Fanteakwa Rural Bank which was established in the year 2004 was performing well in the banking industry until after the 2012 elections when the MP allegedly loan the money to the opposition leader, Nana Akuffo - Addo.
PNB MetLife India Insurance Company Limited (PNB MetLife), today, launched its business operations with Sarva U.P. Gramin Bank - the first Regional Rural Bank (RRB) sponsored by Punjab National Bank (PNB).
In the Amansie area in the Ashanti Region for instance, rural banks which employ a lot of people are collapsing and virtually folding up because they now receive very low deposits.
The Jomoro Rural Bank Limited at Tikobo No. 1 in the Jomoro District of the Western Region posted yet another...
The bank has sponsored many rural banks and has thus contributed to the development of India at the grass root level.
Gurgaon Gramin Bank, which has its headquarters in Gurgaon, is a developing rural bank that offers excellent services to its customers.
And, the micro-insurance products seller is looking forward to collaborating with more and more rural banks in different regions, microfinance institutes, and some self - help groups to achieve its aim of reporting a business of Rs. 350 crore by the end of this FY, according to Neeraj Maheshwari.
In mid-December 2016, Google added support for 31 additional rural banks and credit unions across the contiguous United States.
customers and investors of the Fanteakwa Rural Bank in the Eastern Region has a shock of their lives when the Chief Executive Officer of the Bank, Hon Kwabena Amankwa Asiamah Said he loaned their investments and deposits to the flagbearer of the opposition New Patriotic Party (NPP), Nanan Addo Dankwa Akuffo - Addo.
To illustrate as follows: Our most recently conducted CSR activity was launched in joint efforts with our flagship business partner Gramin Bank Of Aryavat (GBA), a Regional Rural Bank (sponsored by Bank of India) specifically catering to the banking needs of rural customers headquartered at Lucknow, Uttar Pradesh.
With the aim to promote water conservation in urban areas, a regional rural bank has launched a loan scheme that links rainwater harvesting with terra
Hundreds of victims of bankrupt Fanteakwa Rural Bank, established by the opposition New Patriotic Party Member of Parliament for Fanteakwa North Constituency, Hon.Kwabena Amankwa Asiamah, on Wednesday demonstrated in Koforidua, the Eastern regional Capital with a call on the opposition leader to mount pressure on the MP to refund their huge sums of deposits locked up with the bank.
It is estimated that 8 rural banks will collapse, whilst over 7000 fuel attendants have lost their jobs due to the collapse of small scale mining.
These rural banks are now compelled to lay off a lot of workers because their fortunes have plummeted considerably.
MP for Zabzugu, John Jabaa Benam who has been accused of plunging the Zabzugu Rural Bank into bankruptcy after contracting a loan of about 240,000 from the bank, has revealed to Ghanapoliticsonline.Com that the Zabzugu Rural Bank rather owes him 100,000
Their MP for one of the Fanteakwa constituencies has also used his rural bank to dupe unsuspecting customers.
«We are also saying that, before you benefit from the facility, government is subsidizing 50 % and the farmers will pay the initial amount of the 25 % and those farmers are supposed to deposit the money in a rural bank, then after that you take the chip and go, before you'll be allowed to benefit from the facility», he emphasized.
Outboard Motors — The NPP had a hire purchase program for fishermen through the Rural Banks and Agricultural Development Bank, beneficiaries were to pay GH cents 500.00 deposit and pay the balance of GH cents 1,850.00 in one year.
The portfolio credit risk model provides a quantitative tool to estimate the loss distribution and the economic capital for a rural bank.
The estimated parameters of the default risk model, along with scenarios for the evolution of the risk factors, are used to construct stress tests on the portfolio of a rural bank.
To address these challenges within the segment, we at Bajaj Allianz Life Insurance conducted detailed need analysis exercised across MFI's, Rural Banks, NeGP, Dairy Boards and Co-operatives with the objective of introducing a product aimed at meeting the above - mentioned challenges on a common platform.
Since its inception, this rural bank has been making banking process easy for its customers.
Some regional rural banks, common service centres, and cooperative banks are allowed to sell micro-insurance policies and products of the company.
• Policies issued to the policyholder having a bank account with a bank not linked to RBI Core Banking Solutions such as Cooperative or Regional Rural banks.
Apart from setting up its own offices in smaller towns, Bajaj Allianz has also beefed up its distribution by teaming up with 10 co-operative banks, around 100 district co-operative banks, as well as some regional rural banks to drive business to it.
The initial client base for the rural banks» use of the system will be small to medium enterprise partners.
The Research on the Path of Rural Bank's Transformation Based on Bourdieu *'s Practice Theory: A Case Study of Wuwei Rural Bank in China
The Center for Responsible Lending expressed support for a reasonable increase of the 500 - loan cap, limiting any potential increase to rural banks or for loans held in portfolio.
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