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