When was Kbs Local Area Bank founded?
Kbs Local Area Bank was founded in 2001.
Where are Kbs Local Area Bank headquarters?
Kbs Local Area Bank headquarters are in Andhra Pradesh, India.
How many employees does Kbs Local Area Bank have?
Kbs Local Area Bank has 63 employees.
What sector does Kbs Local Area Bank operate in?
Kbs Local Area Bank is in banking sector.
Is Kbs Local Area Bank a private company?
Yes, Kbs Local Area Bank is a private company.
What does Kbs Local Area Bank Do ?
Profile the local area bank concept was introduced by rbi in 1996. kbslab, licensed by reserve bank of india was established on february, 28th, 2001. the bank operates in 4 of the least developed districts of mahabubnagar, gulbarga, yadgir and raichur in andhra pradesh and karnataka states. the head office is in mahabubnagar. the bank is promoted by basix group and is the only commercial bank of the country with microfinance as its core business. bank has 59 business correspondent locations vision by 2014, to be ‘the preferred’ micro finance bank, promoting livelihoods of 0.5 million underserved customers particularly poor and women, with a deposit base of 300 crores, assuring a healthy return to our stake holders.’ mission “.to be a sustainable local community based institution providing financial services to the underserved, particularly rural poor and women and to arrange provision of technical assistance and support services to the borrowers with the ultimate goal of promoting a large number of sustainable livelihoods in the area”.
What does Kbs Local Area Bank specialize into ?
Kbs Local Area Bank specialises into Microfinance Bank, Small Savings, Livelihood Promotion
Who is the CEO of Kbs Local Area Bank ?
We do not have the information about the CEO of Kbs Local Area Bank. Our systems are trying to find it, we will update it as soon as we have it.
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