Kurnool, May 21, (way2newstv.com):
This small bank started with a small savings bank making turnover in lakhs. Brama Rambha Women's Cooperative Bank, which started at Midthur Mandal Center in the year 1998, continues to undertake the expedition. The bank is recognized as the first woman bank in the state and is run by women. These bank members formed by women's unions are active in all spheres today. Each GRCC is the chairperson of the bank. All these directors are selected by the chairperson, vice president, secretary and joint secretaries. These include APM, Bank Manager, Cashier, Field Officer, Assistant Members. They meet every 15 days and decide on issues of banking, lending to banks, loan disbursement, income delivery, etc.
WOMEN BANK DEPOSITS EXCEEDING 4 CRORES
The foreign and foreign delegates have come to look at this bank, which is specifically designed for women. Speaker Kodela Sivaprasad also present the legislature in the previous assembly and congratulated the women. First of all women had some savings on a daily basis. This amount was increased over the next few days and the amount was borrowed to somebody. Soon after the idea of how to set up a bank to make this bond, women instantly came into the bank. TDP government saw the enthusiasm of women Grant amounting to 19 lakhs. In the savings community already Rs. 5.25 lakhs, including a grant amount of Rs. The bank opened 24 lakhs. Today, the bank has to pay Rs. More than 4 crore financial transactions are conducted. In the initial bank with 120 unions, 247 savings societies continue to undertake a festive expedition.