Friday 30 November 2012

kerala banking and Finance Industry

The most essential element in the process of development and growth of the country is finance. The economy of a country becomes crippled without the flow of finance and the economic growth is stunted. Monitory resources can be channelized only with the help of a proper financial infrastructure. An effective financial system in the form of banks and financial institutions offer economical lending and borrowing.
kerala banking
Kerala boasts of a well-developed banking infrastructure. With progressing time Kerala banking system has attained a high benchmark. Commercial, Nationalized a large number of Grameen banks have sprung up within the state. In fact there was a surge of Banks in the state following the nationalization of the banks in 1969.

Kerala Banking will be providing proper guidance for all Banking related activities in India. This includes help to find great NRI Investments, Online Banking, items to be noted on Home loans, Car loans and property loans. Real Estate loans including housing loans. EMI calculations to reduce risk on future payments. 

Kerala based Banks Web directory of banks which are based in the state of Kerala and their websites. All the major banks like Federal Bank, South Indian Bank, Catholic Syrian Bank, Dhanalakshmi Bank, State bank of Travancore and their brief info are included.

Nationalised Banks List of Nationalised banks or public sector banks like State bank of India, Canara bank, Corporation bank, IDBI operating in Kerala and their website information.

Private Banks Directory of Private Sector banks operating in Kerala like ICICI Bank, HDFC, HSBC, UTI Bank, IndusInd Bank, Centurion Bank of Punjab and The Karur Vysya Bank Limited.

kerala banking
The State Bank of India (S.B.I.), Canara Bank and Syndicate Bank are the principal nationalized banks. The State Bank of India offers around 228 branches and the Syndicate Bank has 115 branches in the fourteen districts of Kerala.

Apart from these commercial banks like Vijaya Bank, Dhanlakshmi Bank and the Federal Bank also offer commendable finance and banking facilities. Dhanalakshmi Bank offers 112 branches in the state. The Grameen Banks like SMGB and NMGB provide loans at low interest rates, special, subsidized lands and relief facilities to the local farmers and plays a great role in enhancing the agrarian productivity of the state.

According to a survey conducted in the year 2001, there were-




kerala banking





  • 2 Regional Rural banks (RRBs)
  • 49 Commercial Banks
  • 14 District Co-operative Banks
  • 1 State Cooperative Bank
  • 44 PCARDBs

    All these banks altogether had 3813 branches in the rural as well as the urban areas and among them 2956 branches belonged to the Commercial Banks.

  • List of Banks in Kerala

    State Bank Of India


    ICICI Bank


    Central Bank Of India


    Bank of India

     

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