December 2016 Current Affairs

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Saraswat Bank donates Rs 1 cr relief for drought in Maharashtra

 Saraswat Bank donates Rs 1 cr relief for drought in Maharashtra
09 May 2016 Current Affairs: Saraswat Bank, country's largest urban co-operative bank which recently crossed a total business of Rs 50,000 crore, has announced donation of Rs 1 crore towards drought relief in Maharashtra.Caused by the two deficient years of the monsoon rainfalls, the drought has been a major problem  resulting into shortage of water availability across the country including Maharashtra.

Gautam E Thakur, Vice Chairman of the bank handed over the cheque of Rs 50,00,000 to Chief Minister of Maharashtra, Devendra Fadnavis.  Also, Kishore Rangnekar Director handed over another cheque of Rs 50,00,000 to Nana Patekar, Founder, NAAM Foundation.

Saraswat Bank : Saraswat Bank is an urban co-operative banking institution based in Maharashtra, India and operating as a co-operative bank since 1918.In 1988, the Bank was conferred with "Scheduled" status by Reserve Bank of India. The Bank is the first co-operative bank to provide Merchant Banking services. The Bank got a permanent license to deal in foreign exchange in 1978. Presently the Bank is having correspondent relationship in 45 countries covering 9 currencies with over 125 banks. In 1992, the Bank completed 75 years. Platinum Jubilee Celebrations were inaugurated on 14 September 1992 and the Bank also crossed the business level of Rs. 700 Crores. It has 267 branches nationwide.

 


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
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October 2016 Current affairs
31 OCT
NEWS
27 OCT
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26 OCT
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25 OCT
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24 OCT
NEWS
22 OCT
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September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
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26 SEP
NEWS
24 SEP
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August 2016 Current affairs
31 AUG
NEWS
30 AUG
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29 AUG
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27 AUG
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26 AUG
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25 AUG
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