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Showing posts with the label Canara

KARNATAKA GRAMIN BANK

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KARNATAKA GRAMIN BANK Karnataka Gramin Bank with its head office at Ballari under the sponsorship of Canara Bank came to existence on April 1, 2019 as per the gazette Notification of Government of India No.852 dated February 22, 2019 with amalgamation of two RRBs namely Pragathi Krishna Gramin Bank (Sponsored by Canara Bank with Head Office at Ballari) and Kaveri Grameena Bank (Sponsored by State Bank of India with Head Office at Mysuru). The logo of this bank is in the form of a circle and its components - Leaves represent agriculture and signifies prosperity; Diverging leaves signify our expanding base and growing support to agriculture and clean environment; The circle formed signifies the wholeness and inclusive growth; Blue colour represents trust, loyalty, integrity and responsibility and Yellow colour represents optimism, success, confidence, youthfulness and fresh energy”. Its motto is ‘Vishwasada Pratheeka, meaning ‘Symbol for the Faith/Trust’.

RUPAY

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RUPAY RuPay is the first of its kind global card payment network of India, with wide acceptance at ATMs, POS devices and e-commerce websites across India. RuPay is a product of NPCI, the umbrella organisation that powers retail payments in the country. Its ten core promoter banks are State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank N. A. and HSBC. Currently 56 banks are shareholders of NPCI. The name derived from the words ‘Rupee’ and ‘Payment’, emphasizes that India’s very own initiative for card payments. It is India’s answer to international payment networks, expressing the pride of nationality. Its logo in dark blue colour has its name written in bold italic sans serif followed by two overlapping triangles in orange and green, symbolising swiftness of transactions.