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J&K
urges PSU banks to increase credit to state
New Delhi: Officials of the Jammu & Kashmir state
government have urged public-sector banks to enhance the
credit flow to the state, particularly to government-sponsored
projects.
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IDBI
Bank home loan portfolio zooms
Mumbai: IDBI Bank Ltd’s home-loan portfolio has
grown by 360 per cent to Rs 1,040 crore by mid-March in
the current fiscal.
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SBI
Life offers premium payment via credit cards
Mumbai: SBI Life Insurance Company Ltd has introduced
the facility of premium payment through credit cards for
its customers.
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Andhra
Bank lends Rs 169 cr for SHGs
Hyderabad: Andhar Bank is concentrating on extending
finance to self-help groups of women in the State and
has so far lent Rs 169 crore to 78,048 such groups with
a total membership of 6 lakh women, R. Balakrishnan, the
Executive Director, has said.
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Vasavi
Bank crisis — More co-op banks in AP heading for
trouble
Hyderabad: Six more urban co-operative banks in
Andhra Pradesh are heading for serious trouble. However,
it is not due to the mismanagement of affairs by their
boards.
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Notes-worthy
Mumbai: Godrej & Boyce has introduced the bank
note banding machine, `Q Band', designed for quick banding
of currency notes in banks. It claims to provide a neat
and elegant band, at high speeds.
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