Search results
Results from the WOW.Com Content Network
The bank made a profit of Rs 9.01 Crore in the year 2011–12. [4] The bank had a credit-deposit ratio of 59.5% at the time of amalgamation. In 2015, Utkal Grameen Bank came First in the ranking of all banks in Odisha on Financial Inclusion parameters, with a score of 75 out of 100, becoming the best bank to handle Government business in the State.
Grameen Bank is known for its system of solidarity lending. [10] The bank incorporates a set of values embodied in Bangladesh, by the Sixteen Decisions (updated to Eighteen Decisions in 2023). [29] At every branch of Grameen Bank, the borrowers recite these Decisions, and vow to follow them.
The bank made a profit of Rs 14.42 Crore in the year 2013–14. [2] The bank had a CD ratio of 59.5% at the time of amalgamation. In 2015, Odisha Gramya Bank came third in the ranking of all banks in Odisha on Financial Inclusion parameters, with a score of 67 out of 100, becoming eligible to handle Government business including State PSU deposits.
It is perfectly connected by all channels of transport with other major cities of Odisha, such as the Capital City Bhubaneswar and the Silk City Berhampur. By rail : Berhampur is the nearest railway station which is about 110 km from Jagannath Prasad town.
Regional rural banks (RRBs) are government owned scheduled commercial banks of India that operate at the regional level in different states of India.These banks are under the ownership of the Ministry of Finance, Government of India, Sponsored Bank and concerned State Government in the ratio of 50:35:15 respectively.
Grameen Danone Foods was launched in 2006 as a joint venture between Grameen Bank and the French food company Groupe Danone. Grameen Danone's first product is a fortified yoghurt, branded Shoktidoi, which is designed to provide children with many of the key nutrients that are typically missing from their diet in rural Bangladesh.
Grameen America presentation. Grameen America was founded upon the belief that Grameen Bank's microfinance lending system could succeed in urban America as it had in Bangladesh. Professor Yunus believed that microfinance should be put to work in the capital of international finance, New York City, in which a segment of the population do not ...
CreditAccess Grameen (CA Grameen) was established in 1999 by Vinatha M. Reddy, who was inspired by the book “Give Us Credit” by Alex Counts, President & CEO of Grameen Foundation USA. Reddy, who was then running an NGO — "T Muniswammapa Trust", managed to obtain a US$35,000 grant from the Grameen Foundation to create a replica in India.