Mysore/Mysuru: Sixth day on, since the launch of Gruha Lakshmi Scheme by the State Government on Aug. 30, there has been a huge rush of beneficiaries to collect the money at various banks in the city and taluk centres of district. Gruha Lakshmi Scheme, one of the five pre-poll promises announced by the Government, provides…
Mysore/Mysuru: Banks across the country will be shut for several days starting from Mar.26 and ending with Apr. 3 as there are many holidays coming in between. Meanwhile, the All India Bank Employees Association has called for a nationwide two-day strike on Mar. 28 and 29 to oppose the Government’s move to privatise public sector…
Mysore/Mysuru: Following a complaint lodged by farmer leaders on Sept. 6 alleging that Banks were violating RBI guidelines and were harassing farmers who had taken loans, Deputy Commissioner (DC) Dr. Bagadi Gautham chaired a meeting of farmer leaders and Bank representatives at his Office here yesterday. Sugarcane Growers Association President Kurubur Shanthakumar, explaining the harassment…
Bengaluru: All banks in Karnataka will have business hours from 10 am to 2 pm from April 22 till May 31 with reduced staff strength, the State Level Bankers’ Committee (SLBC) said in an advisory yesterday. Only basic banking services — cash transaction, clearance services, remittances and Government business — will be provided at the…
Mysore/Mysuru: In the wake of recent cases of loot of cash from people while carrying money from banks, the City Police have now decided to provide security to people withdrawing large sum of cash. This comes in the backdrop of an incident where miscreants broke the glass of a car belonging to one Manoj Kumar…
Mysore/Mysuru: Banks which opened today with limited staff is providing only essential services and customers seeking non-essential services have been asked to use internet banking and respective bank’s mobile application (app). Canara Bank, Tilaknagar Branch, has asked its customers to postpone their visit to bank for less important works such as updation of passbook, balance…
New Delhi: Banks will remain close for 11 days, out of the total 31 days this month on account of national holidays, weekly offs and regional holidays. As the major festival in March is Holi, which falls on Mar. 10, Banks in most parts of the country will be closed to observe it and some…
Dividend Distribution Tax for companies abolished New Delhi: Union Finance Minister Nirmala Sitharaman sought to assure the people that schedule commercial banks and depositors money is absolutely safe and that a robust mechanism is in place to monitor them. The assurance comes at a time when depositors, especially senior citizens, are worried about the fate…
Mysuru: Joint Director of District Industries Centre (DIC), Mysuru, Lingaraju has said that Bank Managers should have complete knowledge of Union and State Government schemes. He was speaking after inaugurating an awareness programme on Prime Minister Employment Generation Programme (PMEGP) and Chief Minister Employment Generation Programme (CMEGP) Schemes, organised jointly by District Industries Centre (DIC),…
Trust deficit, venal Bank officials and ease of borrowing leave depositors doomed First an anecdote: My friend Rahul, a Bank Manager, got a rural posting. A tribal came for a loan of Rs. 2 lakh to buy buffaloes and start selling milk. Rahul asked him for a collateral security. The tribal asked what is collateral…
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