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Standard Chartered India (officially Standard Chartered Bank India Branches) is a foreign branch of Standard Chartered, incorporated in the United Kingdom with limited liability. [1] It is considered as a foreign bank under the Banking Regulation Act, 1949 and thus is regulated by the Reserve Bank of India (RBI).
In August 2024, Standard Chartered divested a 3.09% equity stake in the company through a block deal valued at ₹236 crore. [31] The company also formed a partnership with Grameen Foundation for Social Impact (GFSI) to enhance access to financial services for underserved communities, particularly women and marginalized groups. [32]
The government is dependent on Kerala Legislative Assembly to make primary legislation. Legislative assembly elections are held every five years to elect a new assembly, unless there is a successful vote of no confidence in the government or a two-thirds vote for a snap election in the assembly, in which case an election may be held sooner ...
2006 – Launched VISA Card, Retail Sale of Gold and Non-Life Joint Insurance Bank reached INR 1 lac crore mark in Total Business 2006 – 07 Net Profit reached INR 1000 Cr.(US$229.78 Mn) [1USD= Rs. 43.5200] Bharat Overseas Bank Ltd. Was merged with IOB and First Offsite ATM at Kamatchi Hospital, Chennai
The Kerala State Higher Education Council (KSHEC), Science and Technology Museum Campus, Vikas Bhavan PO, Thiruvananthapuram [7] Kerala State Information Technology Mission [ 8 ] Kerala State Institute of Children's Literature
The other company is Mysore Sales International Limited (MSIL) owned by the government of Karnataka. KSFE's purpose at founding was to provide an alternative to unscrupulous private-sector chit fund organizers. [4] In 2000, it had 77% of the capital volume of the chit fund business in Kerala, though just 37.5% of the number of chit funds. [4]
The Government of Kerala had taken a policy decision to convert the existing three tier short term co-operative structure within the State into a two tier structure. The Reserve Bank of India had conveyed their consent for the amalgamation of 13 District Co-operative Banks which approved scheme of amalgamation with Kerala State Co-operative Bank.
The structure of the Kerala State Government is determined by the Constitution of India (1950). [ 1 ] The Keralam Council of Ministers along with the other elected legislative members assemble at the Keralam Legislative Assembly to introduce new drafts of law (otherwise known as bills), discuss them with other elected members of the assembly ...