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