Bihar Gramin Bank
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Bihar Gramin Bank
Dakshin Bihar Gramin Bank is an Indian regional rural bank (RRB) in the state of Bihar, India. The bank was incorporated on 1 January 2019 by amalgamating 2 RRBs namely Madhya Bihar Gramin Bank and Bihar Gramin Bank. Dakshin Bihar Gramin Bank is sponsored by Punjab National Bank. The Bank operates in 20 districts of Bihar viz. Banka, Begusarai, Bhagalpur, Jamui, Khagaria, Lakhisarai, Buxar Rohtas Munger, Sheikhpura and Samastipur, jahanabad, arwal. The Bank has 1078 branches as on 1 January 2019. It is under the ownership of Ministry of Finance , Government of India The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, c .... Dr. Ashutosh Kumar Jha is the current chairman of Dakshin Bihar Gramin Bank. References External links Old Website* Regional rural banks of India Banks estab ...
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Regional Rural Bank
Regional Rural Banks (RRBs) are government owned scheduled commercial banks of India that operate at regional level in different states of India. These banks are under the ownership of Ministry of Finance , Government of India. They were created to serve rural areas with basic banking and financial services. However, RRBs also have urban branches. The area of operation is limited to the area notified by the government of India covering, and it covers one or more districts in the State. RRBs perform various functions such as providing banking facilities to rural and semi-urban areas, carrying out government operations like disbursement of wages of MGNREGA workers and distribution of pensions, providing para-banking facilities like locker facilities, debit and credit cards, mobile banking, internet banking, and UPI services. History Regional Rural Banks were established under the provisions of an ordinance passed on 26 September 1975 and the RRB Act 1976 to provide sufficient ...
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Samastipur District
Samastipur is one of the thirty-eight districts of Bihar in India. The district headquarters are located at Samastipur. The district occupies an area of 2904 km² and has a population of 4,261,566. History Samastipur became a district in 1972 when it was split from Darbhanga district. Samastipur consists of four sub-divisions :- # Rosera # Samastipur # Dalsinghsarai, Dalshinghsarai # Shahpur Patory Geography Samastipur district occupies an area of , comparatively equivalent to Indonesia's Muna Island. Samastipur is bounded on the north by the Bagmati River which forms part of the border with Darbhanga district. On the west it is bordered by Vaishali district, Vaishali and Muzaffarpur district, Muzaffarpur districts, on the south by the Ganga, which forms the border with Patna district, while on its southeast are Begusarai district, Begusarai and Khagaria district, Khagaria districts. The district headquarters is located at Samastipur. The district is largely agricultu ...
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Economy Of Bihar
The economy of Bihar is one of the fastest-growing in India. It is largely service-based, with a significant share of agricultural and industrial sectors. The GDP of the state was ₹7,45,310 crores (US$94 billion) at the current market price (2022–23). The state also has a small industrial sector. As of 2021 agriculture accounts for 24%, industry 15% and service 61% of the economy of the state For the period 2002–2007, average growth rate of Manufacturing in the state was 0.38%, against the national average of 7.8%. Bihar has the lowest GDP per capita in India, but there are pockets of higher per capita income like the southern half of the state and its capital city, Patna, had per capita income greater than that of Bangalore or Hyderabad in 2008. The GSDP stands at 7.57026 lakh Crores Rupees ($104 billion nominal GDP) as per 2013–2014. In actual terms, as of 2012–2013, Bihar state GDP is ranked 8 out of 29 states. Corruption is an important hurdle for the government t ...
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Banks Established In 2019
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Regional Rural Banks Of India
In geography, regions, otherwise referred to as zones, lands or territories, are areas that are broadly divided by physical characteristics (physical geography), human impact characteristics (human geography), and the interaction of humanity and the environment (environmental geography). Geographic regions and sub-regions are mostly described by their imprecisely defined, and sometimes transitory boundaries, except in human geography, where jurisdiction areas such as national borders are defined in law. Apart from the global continental regions, there are also hydrospheric and atmospheric regions that cover the oceans, and discrete climates above the land and water masses of the planet. The land and water global regions are divided into subregions geographically bounded by large geological features that influence large-scale ecologies, such as plains and features. As a way of describing spatial areas, the concept of regions is important and widely used among the many branches of ...
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Ownership
Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible. Ownership can involve multiple rights, collectively referred to as title, which may be separated and held by different parties. The process and mechanics of ownership are fairly complex: one can gain, transfer, and lose ownership of property in a number of ways. To acquire property one can purchase it with money, trade it for other property, win it in a bet, receive it as a gift, inherit it, find it, receive it as damages, earn it by doing work or performing services, make it, or homestead it. One can transfer or lose ownership of property by selling it for money, exchanging it for other property, giving it as a gift, misplacing it, or having it stripped from one's ownership through legal means such as eviction, foreclosure, seizure, or taking. Ownership is self-propagating in that the owner of any property will also own the economic benefits of that ...
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Bihar
Bihar (; ) is a state in eastern India. It is the 2nd largest state by population in 2019, 12th largest by area of , and 14th largest by GDP in 2021. Bihar borders Uttar Pradesh to its west, Nepal to the north, the northern part of West Bengal to the east, and with Jharkhand to the south. The Bihar plain is split by the river Ganges, which flows from west to east. On 15 November 2000, southern Bihar was ceded to form the new state of Jharkhand. Only 20% of the population of Bihar lives in urban areas as of 2021. Additionally, almost 58% of Biharis are below the age of 25, giving Bihar the highest proportion of young people of any Indian state. The official languages are Hindi and Urdu, although other languages are common, including Maithili, Magahi, Bhojpuri and other Languages of Bihar. In Ancient and Classical India, the area that is now Bihar was considered the centre of political and cultural power and as a haven of learning. From Magadha arose India's first empire, ...
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Ministry Of Finance (India)
The Ministry of Finance (IAST: ''Vitta Maṃtrālaya'') is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget. The Ministry of Finance is the apex controlling authority of ''four'' central civil services namely Indian Revenue Service, Indian Audit and Accounts Service, Indian Economic Service and Indian Civil Accounts Service. It is also the apex controlling authority of one of the central commerce services namely Indian Cost and Management Accounts Service History R. K. Shanmukham Chetty was the first Finance Minister of independent India. He presented the first budget of independent India on 26 November 1947. Department of Economic Affairs The Department of Economic Affairs is the nodal agency of the Union Government to formulate and monitor country's ...
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Punjab National Bank
Punjab National Bank (abbreviated as PNB) is an Indian public sector bank headquartered in Delhi. The bank was founded in May 1894 and is the second largest government-owned bank in India, both in terms of its business volumes and its network. The bank has over 180 million customers, 12,248 branches, and 13,000+ ATMs. PNB has a banking subsidiary in the UK (PNB International Bank, with seven branches in the UK), as well as branches in Hong Kong, Kowloon, Dubai, and Kabul. It has representative offices in Almaty (Kazakhstan), Dubai (United Arab Emirates), Shanghai (China), Oslo (Norway), and Sydney (Australia). In Bhutan, it owns 51% of Druk PNB Bank, which has five branches. In Nepal, PNB owns 20% of Everest Bank, which has 122 branches. PNB also owns 41.64% of JSC (SB) PNB Bank in Kazakhstan, which has four branches. History Punjab National Bank is a PSU working under the government of India regulated by the Reserve Bank of India Act, 1934 and the Banking Regulation Act, ...
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Government Of Bihar
The Government of Bihar, known locally as the State Government, is the supreme governing authority of the Indian state of Bihar and its 9 divisions which consist of 38 districts . It consists of an executive, led by the Governor of Bihar, a judiciary and legislative branches. Like other states in India, the head of state of Bihar is the Governor, appointed by the President of India on the advice of the central government. The head of state is largely ceremonial. The Chief Minister is the head of government and is vested with most of the executive powers. Patna is the capital of Bihar. The Patna High Court, located in Patna, has jurisdiction over the whole state. The present legislative structure of Bihar is bicameral. The Legislative houses are the Bihar Vidhan Sabha (Bihar Legislative Assembly) and Bihar Vidhan Parishad (Bihar Legislative Council). Their normal term is five years, unless dissolved earlier. Executive Governor The Governors of the states of India have ...
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Government Of India
The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, consisting of 28 union states and eight union territories. Under the Constitution, there are three primary branches of government: the legislative, the executive and the judiciary, whose powers are vested in a bicameral Parliament, President, aided by the Council of Ministers, and the Supreme Court respectively. Through judicial evolution, the Parliament has lost its sovereignty as its amendments to the Constitution are subject to judicial intervention. Judicial appointments in India are unique in that the executive or legislature have negligible say. Etymology and history The Government of India Act 1833, passed by the British parliament, is the first such act of law with the epithet "Government of India". Basic structure The gover ...
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Rohtas District
Rohtas District is one of the thirty-eight districts of Bihar state, India. It came into existence when Shahabad District was bifurcated into Bhojpur & Rohtas in 1972. Administrative headquarter of the district is Sasaram. Rohtas district has the highest literacy in Bihar. The literacy rate of Rohtas district which is 73.37% as per 2011 census is highest among all 38 districts of Bihar. Rohtas district also has one of the highest forest cover among all 38 districts of Bihar. The Rohtas district is a part of Patna Division, and it has an area of 3850 km², a population of 2,959,918 (2011 census), and a population density of 763 persons per km². Languages spoken here are Bhojpuri, Hindi and English. History Rohtas district was created in 1972, when the former Shahabad district was divided in two. It corresponded to the former district's sub-divisions of Sasaram and Bhabua. In 1991, Bhabua was split off as a separate district, which was renamed Kaimur district in 1994. Th ...
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