Amreli DCCB To Adopt Mobile, Internet Banking
Banking Frontiers|May 2018

Plans 250% jump in ATMs:

Mehul
Amreli DCCB To Adopt Mobile, Internet Banking

Amreli District Central Cooperative Bank began its operations on 23 August 1950. Earlier, it was working as an agriculture firm since 1910. The rationale behind becoming a DCCB was to address the problems of farmers who availed expensive loans from money lenders and to help primary cooperative societies working in the district.

The bank today is headed by chairman Dileepbhai Sanghani, a cooperative veteran. He is the chairman of National Federation of State Cooperative Banks (NAFSCOB) since 8 June 2015, vice chairman of National Agricultural Cooperative Marketing Federation of India (NAFED), chairman of Gujarat State Cooperative Marketing Federation and chairman of Agriculture & Rural Development State Cooperative Society, Gandhinagar. He is also a former Gujarat minister for agriculture, cooperation, animal husbandry, fisheries and cow-breeding and an ex-MP.

NETWORK EXPANSION

At present, Amreli DCCB has 336 PACS affiliated to it. It has 71 branches and 6 ATMs. Savarkundla taluka has the highest (10) number of branches. Sanghani says the bank intends to install 15 ATMs in 2018-19 and then the network will cover the whole of the district. The bank also has received permission to open 2 branches.

CUSTOMER BASE

Sanghani says the bank has a customer base of 2,93,000 as on 31 March 2018. It has locker facility in 62 branches and gold loan facility in 65 branches.

INCREASING DEPOSITS, LOANS

Diese Geschichte stammt aus der May 2018-Ausgabe von Banking Frontiers.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der May 2018-Ausgabe von Banking Frontiers.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BANKING FRONTIERSAlle anzeigen
It's a bank and a brokerage - FinecoBank
Banking Frontiers

It's a bank and a brokerage - FinecoBank

FinecoBank of Italy is a highly tech-enabled bank that is a combination of a bank and a brokerage:

time-read
3 Minuten  |
November 2024
A model for cloud adoption - Zurich Cantonal Bank
Banking Frontiers

A model for cloud adoption - Zurich Cantonal Bank

The bank is had opted for cloud to offer better service to its customers:

time-read
3 Minuten  |
November 2024
RBI Governor urges NBFCs to adhere to fair practices code
Banking Frontiers

RBI Governor urges NBFCs to adhere to fair practices code

The Reserve Bank of India (RBI) Governor has urged Non-Banking Financial Companies (NBFCs) to strictly adhere to the Fair Practices Code, emphasizing sustainable growth and robust risk management in the sector.

time-read
1 min  |
November 2024
Automated, Adaptive, Al-enabled Architecture is a must
Banking Frontiers

Automated, Adaptive, Al-enabled Architecture is a must

Security heads from 2 BFSI companies reveal the key cyberfrauds and strategies to combat them:

time-read
4 Minuten  |
November 2024
Fraudsters too gain ground as real-time payment systems grow
Banking Frontiers

Fraudsters too gain ground as real-time payment systems grow

There is a need for the technologies behind the real-time payment systems to gain a march over the methods of fraudsters:

time-read
5 Minuten  |
November 2024
Ethics & Challenges of AI in Cyber security: Navigating the Moral Maze
Banking Frontiers

Ethics & Challenges of AI in Cyber security: Navigating the Moral Maze

Even as AI is finding its place in the cyber security domain, an entirely new frontier of ethical challenges awaits.

time-read
3 Minuten  |
November 2024
Bangladesh Finance: 25% faster customer service; 15% higher customer retention
Banking Frontiers

Bangladesh Finance: 25% faster customer service; 15% higher customer retention

Bangladesh Finance, established in 1999, is a leading financial institution in Bangladesh.

time-read
5 Minuten  |
November 2024
Fino sparkles with technology & brand upshift
Banking Frontiers

Fino sparkles with technology & brand upshift

Fino Payments Bank started operations in June 2017, providing banking services to mass market customers, who are largely rural-based.

time-read
4 Minuten  |
November 2024
Savington Upshifts: 48% Faster, Churn down 31%
Banking Frontiers

Savington Upshifts: 48% Faster, Churn down 31%

Savington International Insurance Brokers LLC, founded in 2006 by Dev Maitra, is a prominent insurance provider in the UAE.

time-read
4 Minuten  |
November 2024
Zoroastrian Bank: Multiple awards for being the Best
Banking Frontiers

Zoroastrian Bank: Multiple awards for being the Best

Established in 1927 by Sir Hormusjee Cowasjee Dinshaw Adenwalla, Zoroastrian Bank is a prominent urban cooperative bank headquartered in Mumbai, India.

time-read
7 Minuten  |
November 2024