RBI approves the setting up of nine new branches of Gayatri Bank

Date:

Jagtial Aug 3 (THE SOUTH INDIA TIMES): Vanamala Srinivas, CEO of Gayatri Bank, dis- closed that the permission of the Reserve Bank has been received for the establishment of nine more branches under the Gayatri Co-operative Urban Bank. Speaking in a press conference on Wednesday, he said that among the co-operative urban banks in the country, Gayatri Co-operative Urban Bank has occupied the 4th position in the country with a business of Rs.2047 crores Srinivas said that in this financial year, there are 6.50 lakh customers with deposits of Rs.1206 crores and loan balance of Rs.841 crores and business of Rs.2047 crores While Gayatri Bank is serving with 23 branches across the state of Telangana and Andhra Pradesh, Reserve Bank of In- dia has given permission to set up 9 new branches in this financial year While the second branch will be set up in Jagtial and Karimnagar districts of Telangana state, 9 new branches will be set up in Godavarikhani in Peddapelli district, Warangal in Warangal district, Kothi, Banjara Hills, Jubilee Hills, LBnagar and Vidyanagar in Hyderabad district Srinivas said that for the last 22 years.

Share post:

Popular

More like this
Related

Supreme Court permits Kerala Pravasi Association to approach Union Health Ministry over defective anti-Rabies vaccine

THIRUVANANTAPURAM: The Supreme Court has granted Kerala Pravasi Association...

All Genuine Claims Approved: Meesho tightens supply chain processes for greater fairness

HYDERABAD: Meesho, one of India’s major e-commerce marketplaces, has...

Telangana govt offers up to ₹8.65 lakh for housing: Who is eligible, how to apply?

By M. Rajanikanth | Bureau Chief HYDERABAD: The Telangana Government’s...

DPRs for new Metro Rail networks should be completed by March-end, CM Revanth instructs officials

Hyderabad: Telangana Chief Minister A. Revanth Reddy has ordered...