National Handicapped Finance and Development Corporation
National Handicapped Finance and Development Corporation signed s with IDBI Bank, Andhra Bank, NEDFi & three RRBs in Maharashtra to expand its concessional credit to PwDs; NHFDC achieved excellent performance under MoU evaluation system during the year; state ChannelisingAgency of NHFDC at Puducherry achieved best state Channelising Agency Award for 2011-12, are some of the highlights of NHFDC activities during last year National Handicapped Finance and… Read More
Tags: Andhra Bank, Government of India, Govt, IDBI Bank, India, Maharashtra, Memorandum of understanding, NHFDC
RBI penalises 22 Banks
The Reserve Bank of India has imposed monetary penalty on the following 22 banks for violation of its instructions, among other things, on Know Your Customer/Anti Money Laundering. The details are: Monetary Penalty Sl. No. Name of the bank Penalty Amount (in ` crore) 1 Andhra Bank 2.50 2 Bank of Baroda 3.00 3 Bank of India… Read More
Tags: Andhra Bank, Central Bank of India, India, ING Vysya Bank, Kotak Mahindra Bank, KYC, Reserve Bank of India, The Bank of Tokyo-Mitsubishi UFJ
Textiles Minister Exhorts Banks to Sort Out Sector Issues
Textiles Minister Exhorts Banks to Sort Out Sector Issues - 70,000 Weaver Credit Cards Issued Sanctioning Rs. 210 Crore Loan In order to ensure the availability of subsidised credit to handloom weavers, Union Textiles Minister Dr. K S Rao met heads of major banks here today. He was informed that around 70,000 weaver credit cards have… Read More
Tags: Andhra Bank, Canara Bank, Credit card, Finance Minister, India, Loom, Textiles Ministry, United Bank of India