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In 1976, Syndicate Bank sponsored the establishment of Malaprabha Grameena Bank in Dharwad, Karnataka. In 1983, Bijapur Grameena Bank was sponsored by Syndicate Bank, headquartered in Bijapur. [5] In 1984, it also founded Netravati Grameena Bank in Mangalore and Varada Grameena Bank in Kumta. [6] By December 1986, it had 1456 branches. [4]
The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.
In December 2015 the first International Financial Services Centre (IFSC) in India was set up in Gujarat International Finance Tec-City (GIFT City). [5] In 2019 the Government of India enacted an Act of Parliament called the International Financial Services Centres Authority Act, 2019. [6] [7] [5]
A review of the RRBs in August 2009 by the Union Finance Minister revealed that a large number of RRBs had a low Capital to Risk weighted Assets Ratio (CRAR). A committee was constituted in September 2009 under the chairmanship of K C Chakrabarty, [4] the deputy governor of the Reserve Bank of India (RBI) to analyse the financials of the RRBs and suggest measures, including re-capitalisation ...
Synd iNNOVATE 2019 was the National Level Hackathon conducted by Syndicate Bank in September 2019 to encourage Innovation in Banking Industry. [1] [2] It attracted more than 3,500 ideas [3] from applicants from all over India out of which final 40 teams were called for Onsite Hackathon. [4] [5] [6] [7]
CSB Limited (erstwhile Catholic Syrian Bank Limited) [2] is an Indian private sector bank with its headquarters at Thrissur, Kerala, India. The bank has a network of over 785 branches and more than 746 ATMs across India.
IFSC may refer to: Indian Financial System Code; International Federation of Sport Climbing; International Financial Services Centre (disambiguation), several financial areas; International Financial Services Centre, GIFT City Financial Centre in India
A District Co-operative Central Bank (DCCB) is a rural cooperative bank operating at the district level in various parts of India. [ 1 ] [ 2 ] It was established to provide banking to the rural hinterland for the agricultural sector with the branches primarily established in rural and semi-urban areas.