State-owned Canara Bank, Indian Bank and private sector Kotak Mahindra Bank cut lending rates by up to 0.1 per cent, following the 0.25 per cent repo rate cut by the RBI. Canara Bank has effected downward revision in the base rate by 0.05 per cent to 9.60 per cent from 9.65 per cent, it said in a…
Tag: Syndicate Bank
KVGB plans to disburse Rs. 1,000 cr to MSME sector by December
Karnataka Vikas Grameena Bank (KVGB), a Regional Rural Bank sponsored by Syndicate Bank, plans to disburse Rs. 1,000 crore to Micro, Small and Medium Enterprises (MSME) sector by December. “The bank is already working on development initiatives for the benefit of MSMEs to fund 1,000 crore. We are…
‘BIRD’ spreads wings; reaches new heights
Mangaluru-based Bankers’ Institute of Rural Development (BIRD) has achieved new heights in 2015-16 by conducting 113 training programmes for rural financial institutions, government and non-government organisations on varied subjects of importance to rural financing at ground level, like appraisa…