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The State Cabinet approved for the move in June 2008 and the government of Odisha passed a resolution in the state assembly in August 2008 for the purpose and sent it for Center's approval. [3] The bill having been passed in both the houses of the Parliament, the enactment of the legislation has been assented by the President of India.
The Bank maintained a capital adequacy ratio at 11.46 percent as on December 31, 2011, against requirement of 10 percent set by Bangladesh Bank. Credit Rating Information and Services Limited (CRISL) rated the Bank AA− (Double A Minus) for the long term and ST-2 for the short term based on the financial statements of the Bank for the year 2010.
The Odisha State Financial Corporation, formerly known as Orissa State Financial Corporation is a state financial corporation of Odisha.The corporation was established in 1956 under the State Financial Corporations Act, 1951 and State Financial Corporations (Amendment) Act 2000 with the main object of providing loan assistance to the micro, small and medium enterprises.
Odisha (English: / ə ˈ d ɪ s ə /; [19] Odia: ⓘ), formerly Orissa (the official name until 2011), [20] is a state located in Eastern India. It is the eighth-largest state by area, and the eleventh-largest by population, with over 41 million inhabitants. The state also has the third-largest population of Scheduled Tribes in India. [21]
Less than a decade later, in 1985, another group of students protesting apartheid in South Africa stormed the hall and gave it a new name. During that protest, the hall was renamed "Mandela Hall ...
A key aspect of Post-independence India's political integration was the harmonization of names and territories of both states and cities. Some changes to nomenclature were introduced in the early years itself.
The Eastern States Agency was an agency or grouping of princely states in eastern India, during the latter years of the British Raj.It was created in 1933, by the unification of the former Chhattisgarh States Agency and the Orissa States Agency; the agencies remained intact within the grouping.
Rourkela is the industrial capital of Odisha (Formerly Orissa). Rourkela, with a population more than 6 lakhs and the first place in India to house of 1.8 MT integrated steel plant, and with joins the IT world through STPI.