Performance Analysis Of The Bicholim Urban Co

The main objective of the bank is to cater to the banking needs of the people of the state and provide them with financial solutions at affordable rates.

The founder of the bank, Late Mr. Harish Anna N. Prabhu Zantye, a visionary and statesman par excellence, who was well versed with the problems of the common man and always intended to uplift the economical standard of the people, provided the much needed leadership and able guidance with which bank could achieve sustainable growth. The bank with network of eleven branches at all important centres of the state and one extension counter situated at educational hub, has earned the trust of the people of the state and the regulatory authorities. The bank is providing various products designed in tune with the needs of the customers.

On deposit front, besides conventional products like Savings and Current, bank has got schemes in term deposits and recurring deposits with the best interest rates in the industry. The bank also has got loan products in the retail as well as commercial segments under various schemes such as retail loans for House construction, Auto loans, Personal loans etc.

The bank has made banking a pleasure to customers with eight ATM machines and a Recycler. Besides, bank has launched mobile banking application adding one more feather in its cap. The bank is very strict in compliance with cyber security norms.

The bank is committed to maintain highest level of ethical standards, professional integrity, corporate governance and regulatory compliance. Know More.]

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All financial transactions such as export, import, buying, selling, loan and borrowing are dependent on bank system. Economic stability socio-economic development, international business affairs all are interrelated with banking system. The history of banking system is old. It is derived from reserve system of grains and after exchange of money. History of banking system in our subcontinent especially our country Contribution of Indian Financial Institution Towards Economy Words 13 Pages Contribution of Indian Financial Institution towards Economy Abstract: Banks over the year play an significant role in development of Indian economy. After liberalization, the financial depression, the position of banks have become all the more important in the course of working of the money market and hence the economy of a nation.. The economic reforms totally have changed the banking sector. Co-operative have supplied credit to the artisans, small traders, factory workers, urban middle classes and the small scale industries was recognized by the various committees and other weaker sections of the society. Performance Analysis Of The Bicholim Urban Co.