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Like other RRBs, Government of India holds the majority 50 percent shares, while the state government and Canara Bank holds 35 percent and 15 percent, respectively. As of 2013, KGB had 504 branches and a total net worth of ₹471.58 crore and deposits of ₹7,266 crore and advances of ₹7,761 crore, with a total business of ₹15,027 crore.
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
The bank is jointly owned by the central and state governments and sponsored by the Indian Bank. It is under the ownership of the Ministry of Finance , Government of India . Tamil Nadu Grama Bank was formed on 1 April 2019 by the amalgamation of the erstwhile Pallavan Grama Bank and Pandyan Grama Bank, as per GOI Gazette Notification No. 363 ...
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The Chelambra bank robbery in the Malappuram district of Kerala, India is considered to be one of the biggest and most sensational bank robberies in the crime history of Kerala. [1] In the early hours of 30 December 2007, the robbers made a hole in the floor of the Kerala Gramin Bank and got away with 80 kilograms of gold and 5,000,000 rupees ...
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Koramangala ([ˈkoːrɐˈmɐŋgɐlɐ]) is a southeastern neighbourhood of the Indian city of Bengaluru. One of the largest in that metropolis, it is a residential ...