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South Malabar Gramin Bank
South Malabar Gramin Bank () Malappuram Kottakunnu (now Kerala Gramin Bank) was a Regional Rural Bank in India, and had its headquarters at Malappuram in Kerala. Its area of operation was limited to 8 districts in Kerala, India. It had been financing farm & non-farm sectors and other employment generation programs through its 506 branches spread over these 8 districts. As per Government of India notification dated 08.07.2013, amalgamation of South Malabar Gramin Bank and North Malabar Gramin Bank sponsored by Syndicate Bank had been effected into a single entity as Kerala Gramin Bank with its head office at Malappuram and sponsor bank as Canara Bank after consulting NABARD, concerned sponsor banks and State government of Kerala. Government of India notification is effective from 08.07.2013 See also * Chelembra Bank Robbery * 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. His ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kerala Gramin Bank
Kerala Gramin Bank (KGB) is a Regional Rural Bank (RRB), headquartered at Malappuram in Kerala, India. The bank is jointly owned by Central and State Governments & sponsored by Canara Bank. It is under the ownership of Ministry of Finance , Government of India. The bank was formed by amalgamating North Malabar Gramin Bank and South Malabar Gramin Bank in 2013. It is currently having 634 branches in Kerala and 324 ATMs with a total business of 38000+ crore, as of 2021. See also * Banking in India * List of banks in India * Reserve Bank of India * Regional Rural Bank * Indian Financial System Code * List of largest banks * List of companies of India * Make in India * 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 Ker ... References External links Regional rural ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of India
{{Disambiguation ...
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malappuram
Malappuram (also Malapuram) () is a city in the Indian state of Kerala, spread over an area of including the surrounding suburban areas. The first municipality in the district formed in 1970, Malappuram serves as the administrative headquarters of Malappuram district. Divided into 40 electoral wards, the city has a population density of . According to the 2011 census, the Malappuram metropolitan area is the fourth largest urban agglomeration in Kerala after Kochi, Calicut, and Thrissur urban areas and the 26th largest in India with a total population of 1.7 million. It is the fastest growing city in the world with a 44.1% urban growth between 2015 and 2020 as per the survey conducted by Economist Intelligence Unit (EIU) based on the urban area growth during January 2020. Malappuram is situated 54 km southeast of Calicut and 90 km northwest of Palakkad. It is the first Indian municipal body to provide free Wi-Fi connectivity to its entire residents. Malappuram ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
