Ad Here  
March
April
May
June
July
August
 
 
Banking in Telangana The collaboration suite of cyber criminals A development bank for BRICS Banking overhauling or reorganisation? Holy or unholy? Monetary policy continues to adopt dis-inflationary path Small finance banks offer high interest rates LVB- A supermarket of financial services From lazy banking to easy banking Stage set for Indian ‘avatar’ of foreign banks Drastic decline in asset quality Good, bad and ugly Thirty more cities seek to become SMART A new development bank rising in the east… Too big to fail and too small to sail Growing volume of stressed assets… Indian customers are tech savvy Banking on Risk Payment banks have arrived Growing gainfully Reaching the Unreached… Fund healthcare clinics in villages... Ferrying digital banking to Lakshadweep One down in private sector Big bank merger, bigger expectations New bank licences, at last... Why priority status? How okay are new banks? Ernakulam excels... It’s a war on black money, support it. Governance in Reverse Gear? New capitals of Migrant banks Perhaps small is more beautiful than big! Grows Bigger Merger mania haunts banks What is the priority – mergers or NPA reduction? Needed a Banking Atlas Bottomlines shrink, bad loans rise... The paradox: clamour for the Goliath and David Just 660 days! Target over-ambitious... Well-lived... Another route for achieving financial inclusion Nothing much can happen…. Emerging crisis Financial inclusion vs unclaimed deposits Lacklustre credit expansion Targets continue to be ad hoc Small is ‘more’ beautiful Drop in SLR- sparing lendable resources Bank deposits account for 46.3 per cent of household savings How ‘secure’ are the secured loans? Cut in repo rate – lower than expected Cradle of banks to a smart city... Mega merger is on Why any time money? Capital base of regional rural banks raised Who is the real beneficiary? Small finance payment banks... Reaching out: is it slowing down? Cautious and considerate Rationalised A bank for women, by women Insatiable appetite for credit Aadhaar, niraadhaar and banking Greet Lakshmi the banking robot All that glitters is not gold... Hesitancy in announcing year-end results Managing NPAs... Two banks: their jubilees and performances Anytime banking to anywhere banking United India Insurance - Rs 110 crore losses have been claimed till now due to floods in Tamil Nadu Smart banking in smart cities
 
Banking in Telangana
The ten districts in the new state would have 3858 branches of all commercial banks, including 16 branches of foreign banks.

The State Bank of India group, including the State Bank of Hyderabad, has 1119 branches. The old private sector banks have very little presence in many of the districts: 234 branches, whereas, the new generation banks have 378 branches, though bulk of them are concentrated in Hyderabad and Rangareddy districts. The five gramin banks operating in the new state are viable and are earning profits, without carrying the baggage of accumulated losses. Total resource base of the banking sector in the state would be of the order of Rs. 265,536 crore. The volume of advances would be Rs. 249,982 crore, based on the September 2013 data. Hyderabad would be the single banking centre from Telangana, finding a place among the Top 100 banking centres.

Bifurcating a Gramin Bank?

Andhra Pradesh has at present five gramin banks after the initiation of the process of mergers in 2006. There were 16 of them in 1987, before amalgamations. All the 23 districts in the state have the presence of gramin banks. Consequent to the bifurcation of the state, there could be the need for bifurcating one of the gramin banks in the state. Seemandhra having 14 districts would be left with three gramin banks.

Andhra Pradesh Grameena Vikas Bank is the biggest among all the five banks. It has 638 branches spread out in 9 districts in the undivided state.


One or two Gramin Banks?

The Government of India, the major shareholder of all gramin banks, has been propagating the idea of having only one or two gramin banks in each state with a view to enhancing their viability. This is reflected in the process of mergers initiated during the recent years. As a result, the number of gramin banks has come down from 196 to 57 as on date.  States like Kerala, Chhattisgarh, Haryana and Uttarakhand have single gramin banks. Among the smaller states in the north-east, six of them have one gramin bank each.

In view of this policy, if Seemandhra may have only two gramin banks.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com