Despite the pandemic, the Allahabad Bank merger with Indian Bank concluded the final technical amalgamation (software integration) last month. What were the key synergies and cost benefits they obtained due to amalgamation? How many branches were rationalised and how many people were repositioned? What next for the amalgamated entity? Any fundraising on the cards?
In this podcast, we give you an insight on post-merger details and how easy or difficult it was to conclude the amalgamation Dear Reader,
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KVG Bank to help farmers set up processing units
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February 02, 2021 00:27 IST
The proposal to increase agricultural credit to ₹16.5 lakh crore will make loans easier for farmers, says Vikas Grameena Bank chairman
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Office-bearers and members of Karnatak Chamber of Commerce and Industry watching the live telecast of the Union Budget in Hubballi on Monday.
The proposal to increase agricultural credit to ₹16.5 lakh crore will make loans easier for farmers, says Vikas Grameena Bank chairman
The Union Budget presented by Finance Minister Nirmala Sitharaman on Monday received mixed response with the Opposition terming it anti-people and the ruling party leaders terming it as historic, while others calling it a
KVG Bank inks pact with fintech platform
January 12, 2021
P Gopikrishna, Chairman, KVGB - THE HINDU× Karnataka Vikas Grameena Bank (KVGB) has signed a memorandum of understanding with Jai Kisan (a rural-focused fintech platform of Greenizon Agritech Consultancy Pvt Ltd) to expand access to financial services to individuals and businesses in Karnataka, including farmer and non-farmer entrepreneurs.
A press release said that P Gopikrishna, Chairman of KVGB, and Arjun Ahluwalia, founder and CEO of Jai Kisan, signed the MoU in Dharwad.
Gopikrishna said that the bank intends to extend its services to small and micro enterprises (SME), joint liability groups (JLG), self-help groups (SHG), and to farmers through Kisan Credit Card (KCC) and credit for farm mechanisation efforts through its partnership with Jai Kisan. This partnership will enable them to systemically increase reach and serve consumers and create grassroots level impact by extending low-cost credit to the rura
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