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A District Co-operative Central Bank (DCCB) is a rural cooperative bank operating at the district level in various parts of India. [ 1 ] [ 2 ] It was established to provide banking to the rural hinterland for the agricultural sector with the branches primarily established in rural and semi-urban areas.
DCB Bank Limited is a private sector scheduled commercial bank in India. [2] [3] It is amongst the new generation banks that received the scheduled commercial bank license from the bank regulator, Reserve Bank of India. DCB Bank received the licence on 31 May 1995. [4] A professional management team guided by the Board of Directors runs the Bank.
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India's commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, 6 PBs, 43 RRBs, and 2 LABs.
In the fiscal year 2005-06, Canara Bank became India's second-largest public sector bank in terms of advances and deposits. The bank changed its name to Canara Bank Limited in 1910 when it incorporated. [5] In 2002-03, the bank went in for its Initial Public Offer and raised Rs.110 crores. [2] The India government holds a 73% stake in Canara Bank.
The bank's head office is located in Mangalore. It has a network of 113 branches, including service branches, spread across the undivided district of South Canara. The bank offers a wide range of banking products and services to its customers, including savings accounts, current accounts, fixed deposits, loans, and insurance produmagazine. [3]
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Solapur district (Marathi pronunciation: [solaːpuːɾ]) is a district in Maharashtra state of India. The city of Solapur is the district headquarters. It is located on the south east edge of the state and lies entirely in the Bhima and Seena basins. [ 2 ]