Kakinada, Feb 10th: Aiming to extend all its banking services to the people of remote areas, Andhra Bank is shortly introducing Business Correspondents (BC) in these areas. Deputy general manager of Andhra Bank, Kakinada Zone, S.V Bhagavathi said that instead of setting up new branches of the bank at every interior areas, the bank is introducing the BC's, who will be always available to the people in remote areas in transferring all the services of the bank.
Speaking to reporters here on Wednesday, Mr. Bhagavathi said that with this new concept, which is under formulation stage, the zone would deploy nearly 160 to 170 such BC's who would be made available at all the remote areas in the zone, which comprises 102 branches and 43 ATMs as on now, he added. As on December 31, 2009, the zone's business was at Rs 4,235 crore and the target is Rs 5,100 crore by the end of the year.
Speaking to reporters here on Wednesday, Mr. Bhagavathi said that with this new concept, which is under formulation stage, the zone would deploy nearly 160 to 170 such BC's who would be made available at all the remote areas in the zone, which comprises 102 branches and 43 ATMs as on now, he added. As on December 31, 2009, the zone's business was at Rs 4,235 crore and the target is Rs 5,100 crore by the end of the year.
HIS tab on quality, use of water Posted on 11-Feb-2010
Kakinada, Feb 10th: As part of the efforts to protect ground water resources in East Godavari, an Hydrology Information System (HIS) was introduced in the district. The HIS comprises infrastructure and human resources to collect, process and store the data of surface and ground water resources in the...
YSR Bronze statue to be unveiled Posted on 11-Feb-2010
Kakinada, Feb 10th: The bronze statue of Former Chief Minister Dr. Y S Rajasekhara Reddy, first in East Godavari, will be unveiled at the Balaji Centre in the heart of this port city at a function to be held today afternoon. Municipal Administration Minister Anam Ramanarayana Reddy will unveil the st...
DRC halts sand mining Posted on 12-Feb-2010
Kakinada, Feb 11th: The East Godavari District Review Committee (DRC) meet on Thursday resolved to stay mining of sand reaches of leaseholders failed to submit clearances from the groundwater department to carry out mining operations in the district. While reviewing the progress of auctions for...
Late YSR's wife takes oath Posted on 12-Feb-2010
Hyderabad, Feb 11th: : Y S Vijayalakshmi, wife of former Andhra Pradesh Chief Minister late Y S Rajasekhara Reddy, took oath as MLA on Thursday. She was elected unopposed from the Pulivendula Assembly constituency as the seat fell vacant following the death of her husband, who was killed in a helicop...
Awareness drive on medical help Posted on 12-Feb-2010
Kakinada, Feb 11th: With the increase in number of cases of drug abuse and villagers approaching quacks for medical help for various health problems, the drug control administration intend to take up an awareness drive on medical help for the benefit of consumers in the state shortly. People are advi...
PNB offers loans to rice millers Posted on 12-Feb-2010
Kakinada, Feb 11th: Punjab National Bank is offering loans to rice millers with low interest rates. In this concern a meeting was organized with district rice millers at Hotel Ishwarya Grand on Thursday. Bank Deputy General Manager K.K Aravind Akshan asked the millers to avail the facility of loans w...
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