回光返照 SEA Research, BLK 758 Yishun Street 72 #09-444 Singapore 760758
Let's turn the light inwards, illuminate the Self.
SEAnews Issue:monthly
About Us Your Comment
2014-01-17 ArtNo.44758
◆Jammu & Kashmir turns paradise for new-age private banks
【Kolkata】If you were in Jammu & Kashmir (J&K) a decade ago, you might have had to walk miles before you saw a branch of a new-age private sector bank. But today, you will locate one easily - not only in the bylanes of Srinagar but even in the under-banked regions and rocky terrains of Doda, Poonch and Kargil.
 It might be one of the less-developed states but J&K is emerging as the new business destination for new-generation private banks. In 2013 calendar year, ICICI Bank, the country's largest private-sector lender, more than doubled the number of its branches in the state to 25. HDFC Bank has 64 branches, the most in the state among India's new-age private banks. Of these, 45 have been opened over the past five quarters and almost 60 per cent are in semi-urban and rural areas. Since April 2013, Axis Bank's branch count in the state has increased from six to 26. Of these, 14 were opened in un-banked regions.

【News source】

Jammu & Kashmir turns paradise for new-age private banks

Your Comments

Special sale for Ad Space

Free download of "The Origin of Christianity"

Readers' Voice


[Your Comments / Unsubscribe]/[您的意见/退订]/[ご意見/配信停止]
Please do not directly reply to the e-mail address which is used for delivering the newsletter.
SEAnews 掲載記事の無断転載を禁じます。すべての内容は日本の著作権法並びに国際条約により保護されています。
Copyright 2003 SEAnews® All rights reserved. No reproduction or republication without written permission.