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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.
The bank was registered under provisions of Rajasthan Co-operative Society Act, 1965. Initially, it was able to mobilize 52 members and capital of ? 51,700. [clarification needed] The banking business started on 18 October 1972. The bank was functioning in both rural as well as urban areas since its inception in 1972, which continued until 1986.
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.
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.
Gujarat Mercantile Co-operative Bank 1998 Ahmedabad, Gujarat [96] Gujarat state co-operative bank 1961 Ahmedabad, Gujarat [97] Gujarat Ambuja Co-op. Bank 1999 Ahmedabad, Gujarat [98] Ahmadabad district co-operative bank 1922 Ahmedabad, Gujarat [99] Rajkot Nagarik Sahakari Bank 1953 Rajkot, Gujarat [100] Shri Rajkot District Co. Operative Bank 1959
He is the chairman of Gujarat State Co-operative Bank and Ahmedabad District Co-Operative Bank (ADC Bank). [ 1 ] [ 2 ] Patel is also involved in sports associations, primarily as president of Gujarat State Chess Association [ 3 ] and vice president of the National Rifle Association . [ 4 ]
The gross domestic product of Ahmedabad metro was estimated at US$136.1 billion in 2023. [ 1 ] [ 2 ] Ahmedabad is the largest contributor to the GDP of Gujarat state, with an estimated US$68 billion as of 2017 [ 3 ] out of $227 billion, textile and clothing in Ahmedabad is one of the oldest industries.
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