NEWS & ADVICE : CAR LOANS
Vizag Co-op Bank does Rs 1500 cr biz
By Vaibhav Aggarwal
Dec 7, 2010
Print    Email    RSS   

Visakhapatnam Cooperative Bank has done business worth Rs 1500 crore. The results pertain to 22 of November. The break up in terms of deposits and advances was Rs 871.68 crore and Rs 629.82 crore respectively.

The bank is spreading its level of penetration in the state. It currently has 18 branches in Andhra.

The results have put the bank in the top position amongst cooperative banks of the southern part of the country in both scheduled and non scheduled category. Prior to VCB, the top position was held by Mahesh Cooperative Bank, said Manam Anjaneyulu, chairman, VCB.

"Our bank took 91 years to achieve the first Rs 500-crore business mark and 2 years and 9 month for the second. To reach the third Rs 500 crore mark we have taken only 9 months," said Anjaneyulu.

 

 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Spend some time to get the best car insurance
Selecting the appropriate car loan
Tata Nano: How would Bank Loans look
Carnival of Indian Personal Finance Blogs #3
Carnival of Indian Personal Finance Blogs #2


CAR LOAN STETMENT
Hello I am looking to renew my car insurance and I...
my loan no

NEWS THIS WEEK
SBH bank extended its Car and gold loan campaign till 31st March, 2015. Feb 11, 2015
KVGB bank signed MOU with TATA Motors Feb 10, 2015
SBH bank extended its scheme offering concession to loan defaulters Feb 2, 2015
Karnataka Bank tied up with TVS motors to Assist Auto rickshaw buyers Jan 27, 2015
RBI extended the Directions issued to Amanath Co-operative Bank for a period of six months Jan 22, 2015
News Archive