- PM Modi visit USAOnly the mirror in my washroom and phone gallery see the crazy me : Sara KhanKarnataka rain fury: Photos of flooded streets, uprooted treesCannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfitRanbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A KissOscars 2022: Every Academy Award WinnerShane Warne (1969-2022): Australian cricket legend's life in picturesPhotos: What Russia's invasion of Ukraine looks like on the groundLata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)
The 18-year-old, Chirag Chikkara clinched a gold medal in the men’s freestyle 57kg categ
- FIFA president Infantino confirms at least 9 African teams for the 2026 World Cup
- Hockey, cricket, wrestling, badminton, squash axed from 2026 CWG in Glasgow
- FIFA : Over 100 female footballers urge FIFA to reconsider partnership with Saudi oil giant
- Ecuador ready to make history against Uruguay: Beccacece
- Divanshi wins second gold as India sweep women's 25m standard pistol at Lima Junior Worlds
Kerala gets first private bank Last Updated : 17 Mar 2017 03:26:13 PM IST (File Photo)
ESAF Small Finance Bank, Kerala's first private sector bank, was launched here on Friday by Chief Minister Pinarayi Vijayan.
The bank, promoted by ESAF ' title=' ESAF '>ESAF Microfinance and Investments (P) Ltd, has announced that in its first year it will open 85 branches.
As per RBI guidelines, the bank is required to open 25 per cent of its branches in unbanked rural centres besides in cities like Bengaluru, Kolkata, Mumbai, Delhi and Hyderabad in the first year.
"ESAF Microfinance, which presently has a network of 285 branches in 93 districts spread over 11 states, will currently convert all its existing branches into customer service centres or ultra-small branches or satellite offices," said K. Paul Thomas, Managing Director and CEO, ESAF ' title=' ESAF '>ESAF Small Finance Bank.
ESAF Microfinance, which owes its success to the doorstep delivery of services, will replicate the same model for the bank.
"We are planning to appoint 10,000 agents for providing the banking services at doorsteps. The agents will provide services such as account opening, banking transactions and small value loans," added Thomas.
The bank is targeting a business of Rs 20,000 crore by 2020.IANS For Latest Updates Please-
Join us on
Follow us on
172.31.16.186