North Malabar Gramin Bank
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North Malabar Gramin Bank
North Malabar Gramin Bank (NMGB; ml, നോർത്ത് മലബാർ ഗ്രാമീൺ ബാങ്ക്) was a Regional Rural Bank in Kerala, India. It was established in 1976 as a Scheduled Commercial Bank as per the Regional Rural Banks Act of 1976 to provide banking facilities in the North Malabar region. It operated in seven districts of Kerala with the headquarters at Kannur, and had 222 branches . The bank distinguished itself as one of the few profit making RRBs in India before its amalgamation. On 8 July 2013, per a Government of India notification, North Malabar Gramin Bank (sponsored by Syndicate Bank) and South Malabar Gramin Bank (sponsored by Canara Bank) were amalgamated into a single entity as the Kerala Gramin Bank, with its head office at Malappuram, and Canara Bank as the sponsor bank, after consulting NABARD, the concerned sponsor banks and the Government of Kerala. Board of directors The bank's board of directors had the following members befo ...
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Syndicate Bank
Syndicate Bank was one of the oldest and major commercial banks of India. It was founded by Upendra Ananth Pai, T. M. A. Pai and Vaman Srinivas Kudva. At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited. The bank, along with 13 major commercial banks of India, was nationalised on 19 July 1969, by the government of India. It was headquartered in the university town of Manipal, India. On 1 April 2020, the bank was merged into Canara Bank. History 1925 1974 Syndicate Bank was founded in 1925 in Manipal, Udupi, Princely State of Mysore. The promoters came from a lower-middle class background and aimed to improve the socioeconomic status of the region. It was the only Indian bank with its headquarter in a rural area. The bank provided employment opportunities to the educated members of the local community. It had an initial paid-up capital of . It was unlike other banks which primarily financed trade and industries in urban areas ...
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NABARD
National Bank for Agriculture and Rural Development (NABARD) is an apex regulatory body for overall regulation of regional rural banks and apex cooperative banks in India. It is under the jurisdiction of Ministry of Finance, Government of India. The bank has been entrusted with "matters concerning policy, planning, and operations in the field of credit for agriculture and other economic activities in rural areas in India". NABARD is active in developing and implementing financial inclusion. Background Source: NABARD was established on the recommendations of B. Sivaramman Committee (by Act 61, 1981 of Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981. It replaced the Agricultural Credit Department (ACD) and Rural Planning and Credit Cell (RPCC) of Reserve Bank of India, and Agricultural Refinance and Development Corporation (ARDC). It is one of the premier agencies providing Rs.14080 crore (100% share). The authorized sha ...
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Indian Companies Established In 1976
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the Uni ...
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Defunct Banks Of India
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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1976 Establishments In Kerala
Events January * January 3 – The International Covenant on Economic, Social and Cultural Rights enters into force. * January 5 – The Pol Pot regime proclaims a new constitution for Democratic Kampuchea. * January 11 – The 1976 Philadelphia Flyers–Red Army game results in a 4–1 victory for the National Hockey League's Philadelphia Flyers over HC CSKA Moscow of the Soviet Union. * January 16 – The trial against jailed members of the Red Army Faction (the West German extreme-left militant Baader–Meinhof Group) begins in Stuttgart. * January 18 ** Full diplomatic relations are established between Bangladesh and Pakistan 5 years after the Bangladesh Liberation War. ** The Scottish Labour Party (1976), Scottish Labour Party is formed as a breakaway from the UK-wide party. ** Super Bowl X in American football: The Pittsburgh Steelers defeat the Dallas Cowboys, 21–17, in Miami. * January 21 – First commercial Concorde flight, from London to Bahrain. * January 27 ...
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Banks Disestablished In 2013
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 anc ...
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Banks Established In 1976
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 anc ...
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Kerala Bank
Kerala State Co-operative Bank Limited, branded as Kerala Bank, is a co-operative bank set up by the Government of Kerala, India. History The bank was established in 2019 by amalgamating 13 District co-operative banks in Kerala with the Kerala State Co-operative Bank. With the issuance of a notification establishing the Kerala State Co-operative Bank, the bank started functioning from 29 November 2019 onwards. The bank was formally launched by Pinarayi Vijayan, Chief Minister of Kerala, in a function held in Thiruvananthapuram on 6 December 2019. Among the 14 District Co-operative Banks functioning in Kerala at the time of the formation of Kerala State Co-operative Bank, only thMalappuram District Co-operative Bank Ltdhad opposed merger with the Kerala State Co-operative Bank. Also, the Kerala High Court has issued a stay order on the Kerala State Government's move to merge the Malappuram District Co-operative Bank with the Kerala State Co-operative Bank. In addition to the ...
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Dr Tapan Kumar Pradhan
Tapan Kumar Pradhan (born 1972) is an Indian poet, writer and translator from Odisha. He is best known for his poem collection "Kalahandi" which was awarded second place in Sahitya Akademi's Golden Jubilee ''Indian Literature'' Translation Prize for Poetry in 2007. His other works include "Equation", "I, She and the Sea", "Wind in the Afternoon" and "Dance of Shiva". Early life and education Pradhan was born on 22 October 1972 at Shahid Nagar in Bhubaneswar, Odisha, and spent his childhood in Kalahandi, Nuapada, Keonjhar and Laxmisagar. He studied at Laxmisagar Highschool, BJB College and Utkal University. He also studied briefly at University of Hyderabad, TISS and IIT Kanpur where he discontinued. His father Arakshit Pradhan was an engineer under Government of Odisha but left job in protest against rampant corruption in Government projects. After Arakshit Pradhan left for Himalayas, the family was brought up by his wife Kumudini Pradhan. Award-winning works In 2007, Pradha ...
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Kasturi And Sons
A Hindu is an adherent of Hinduism. Hindu may also refer to: Places * Hindu, Hiiu County, a village in Emmaste Parish, Hiiu County, Estonia * Hindu, Orissaare Parish, a village in Orissaare Parish, Saare County, Estonia * Hindu, Salme Parish, a village in Salme Parish, Saare County, Estonia * Hindu, the ancient Persian name of the Indus River Publishing * ''The Hindu'', an English-language newspaper published in India * ''Hindu Tamil Thisai'', or ''The Hindu'' (Tamil), a Tamil-language newspaper published in India * The Hindu Group, an Indian publishing company that publishes ''The Hindu'' and the ''Hindu Tamil Thisai'' Other uses * Hindu, adjective relating to the religion Hinduism * Hindú, an Argentine sports club based in Greater Buenos Aires * ''The Hindu'' (film), the original title of the 1954 American film ''Sabaka'' See also * Hindoo (other) * Sindhu (other) * Sindh (other) * Hind (other) A hind is a female deer, espe ...
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The Hindu Business Line
''Business Line'' or ''The Hindu Business Line'' is an Indian business newspaper published by Kasturi & Sons, the publishers of the newspaper ''The Hindu'' located in Chennai, India. The newspaper covers priority industry verticals, such as Agriculture, Aviation, Automotive, IT, in weekly specials. The paper is printed at 17 centres across India, reaching metros as well as emerging Tier I and Tier II cities. Business Line has a daily circulation of 1,17,000 copies, per the Audit Bureau of Circulation in 2016. See also *List of newspapers in India , there were over 100,000 publications registered with the Registrar of Newspapers for India. India has the second-largest newspaper market in the world, with daily newspapers reporting a combined circulation of over 240 million copies . There are ... References External links * 1994 establishments in Tamil Nadu English-language newspapers published in India The Hindu Group Newspapers published in Kolkata Business newspa ...
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Government Of Kerala
Government of Kerala is the subnational government of the Indian state of Kerala. The government is led by a chief minister, who selects all the other ministers. The chief minister and their most senior ministers belong to the supreme decision-making committee, known as the cabinet. Ministers of the Kerala Government are responsible to the Kerala Legislative Assembly; they make statements in the assembly and take questions from members of the assembly. 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. After an election, the governor selects as chief minister the leader of the party most likely to command the confidence of the assembly, usually by possessing a majority of MLAs. Under the ...
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