Kallapanna Awade Ichalkaranji Janata Sahakari Bank Ltd.


Fake Notes Detection Record High RBI

Speaking of the Indian economy, the annual report said that there are upside risks to inflation which requires vigilance. The detection of counterfeit notes in the Rs 50 and Rs 100 denomination witnessed a record high in 2017-18 compared with two preceding fiscals, the RBI announced on Wednesday.   Read More..

RBI Issues Guidelines on Loan System

The Reserve Bank of India (RBI) on Monday, in “draft guidelines on loan system for delivery of bank credit”, said that borrowers who have a total working capital limit of Rs 150 crore and above should have at least 40% of it as working capital loans from October 1, 2018.   Read More..

Prompt Corrective Action(PCA)

Bank of Maharashtra has become the sixth bank in the last one year to fall under the Reserve Bank of India’s Prompt Corrective Action (PCA). The triggering of PCA means there will be several restrictions imposed on the banks from lending to the distribution of dividends etc.   Read More..

How do credit-risk funds work?

A leading bank of South Western Maharashtra. Promptly serving you through a network of 45 fully computerized branches spread across Maharashtra and Karnataka state. Total Deposits of more than 189450.89 Lakhs, Loans 1308,45.20 Lakhs and Working Capital of 228168.09 Lakhs.   Read More..

New NPA Resolution Framework Long-Term Positive

The Reserve Bank’s revised framework for quicker and time-bound resolution of stressed assets is a long-term positive for banks, says a report. The report states that the new framework has the potential to bring about a big change in the approach of banks to monitor their exposures and resolution of non-performing assets (NPAs).  Read More..

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