Banks, Branches & ATMs

Visakhapatnam Banking Industry News

Insurance Companies

Mutual Fund & Investment Services

Financial Institutions

Automobile Finance

Industries

Chitfund Companies

Share Trading Consultants

Currency Converter

Interview for Probationary Officers posts
Posts to be filled in prominent banks under Rajiv Sri Udyog Scheme

Indian Bank registers net profit of Rs.459.62
Half year ending September 2007

Police Commissioner warns traders of stolen credit cards
Registration of cases against shop employees likely

Workshop on Economic offenses
ICICI bank and AP State police jointly organizing workshop

Banks and Financial institutions cautioned against coercive recovery methods
People get their greviencies at DLSA or Lok Adalats

Visakhapatnam, April 8, 2007

On a branch expansion spree

The city-based Kanakamahalakshmi Co-operative Bank has reported a profit of Rs. 1.2 crores (subject to audit) during the year according to its release. The Grade I Bank as per the Reserve Bank of India (RBI) categorization has manged to grow its deposits and advances as well as increased the credit – deposit ratio on one side and decrease non-performing assets on the other.

The bank has reported deposits of Rs. 33.03 crores and advances of Rs. 25.53 crores. With an impressive performance, the bank has submitted its request for approval to RBI for a branch in Gopalapatnam.

Andhra Pradesh News

Andhra Pradesh Discussions

Join our discussions on hottest topics on Andhra Pradesh

Catch up more discussions at AndhraNews.com