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Author Archives: admin

Krishna Babu is VPT Chairman

MT.Krishna Babu,IAS(93,AP) took over the charge as Chairman, Visakhapatnam Port Trust for a period of five years. He is a IAS officer of 1993 batch of Andhra Pradesh cadre. Read More »

NMDC’s Best Ever Performance since Inception

NMDC’s Best Ever Performance since Inception. As per the report for the year 2013-14, dividend @ 850% per equity share has been paid which is the highest ever dividend paid so far.The Company achieved a record production and sales of iron ore for the 4th quarter (2013-14) at 9.86 MT and 9.40 MT respectively representing an increase of 3% and ... Read More »

Exim Bank

Export-Import Bank of India is the premier export finance institution of the country, set up in 1982 under the Export-Import Bank of India Act 1981. Government of India launched the institution with a mandate to not just enhance exports from India, but also to integrate the country’s foreign trade and investment with the overall economic growth. Exim Bank of India ... Read More »

Small Industries Development Bank of India

SIDBI was established on April 2, 1990. The Charter establishing it, The Small Industries Development Bank of India Act, 1989 envisaged SIDBI to be “the principal financial institution for the promotion, financing and development of industry in the small scale sector and to co-ordinate the functions of the institutions engaged in the promotion and financing or developing industry in the ... Read More »

National Bank for Agriculture and Rural Development

National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India having headquarters based in Mumbai (Maharashtra) and other branches are all over the country. The Committee to Review Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD), set up by the Reserve Bank of India (RBI) under the Chairmanship of Shri B. Sivaraman, conceived and recommended the establishment ... Read More »

YES Bank

YES BANK is a private bank in India with headquarters in Mumbai. It was founded in 2004 by promoters Ashok Kapur andRana Kapoor, which had a collective shareholding of 29%. Ashok Kapur was killed in a terrorist attack in 2008 in Mumbai. In 2010, the bank announced the roll-out of a strategic blueprint, named Version 2.0 of the bank, to further accelerate its ... Read More »

South Indian Bank

One of the earliest banks in South India,  “South Indian Bank” came into being during the Swadeshi movement. The establishment of the bank was the fulfillment of the dreams of a group of enterprising men who joined together at Thrissur, a major town (now known as the Cultural Capital of Kerala), in the erstwhile State of Cochin to provide for the ... Read More »