• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Visakhapatnam, June 14

The Kanakamahalakshmi Co-operative Bank Ltd here introduced SMS banking and customer balance enquiry facilities on Thursday for the benefit of account-holders. Mr K. Ratnakishore, Chairman of the Visakhapatnam Port Trust, who inaugurated the facilities, congratulated the bank for offering such services to its customers.

Mr P. Raghunadha Rao, Chairman, said that the bank would open another branch (the second) in the city soon, and was expecting the licence anytime. He said the bank had deposits of Rs 33.02 crore and advances of Rs 24.90 crore, and reserves amounted to Rs 2.62 crore. It had investments of Rs 12.85 crore. The NPA had been reduced to 2.02 per cent, he added.

More Stories on : Co-operatives | M-Commerce | Andhra Pradesh

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
IDBI raising $1.5 b thru medium term notes

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line