SBI opens specialised housing finance branch
Bangalore: State Bank of India (SBI) has opened a specialised housing finance branch here, the second such in India, to cater to the tech-savvy city's growing need for housing finance.

The branch can cater to loan requests from all parts of the city and started off with loans sanctioned to six people, totalling more than Rs 100 lakh. The branch also enables anywhere, anytime banking.
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Canara Bank opens branch in Pettah
Thiruvananthapuram: Union Minister of State for Defence and Parliamentary Affairs O Rajagopal inaugurated the Pettah branch of Canara Bank, its 242nd in the Kerala division. An ATM facility will be set up soon at the new branch, which is fully computerised.

The branch will specialise in housing and home improvement loans, finance for four- and two-wheelers and customised products for traders and doctors, apart from other retail lending schemes. The inaugural ceremony was attended by B K Shekhar, director, Canara Bank; G Umesh Shenoy, general manager (circle office), Thiruvananthapuram; K Gopalakrishnan, deputy general manager; M V Shenoy, assistant general manager (regional office), Kollam; and G Ravindran, assistant general manager (circle office).
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