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| ORIGIN |
REPCO BANK Ltd.,
was commenced in the year 1969 by
Govt. of India with the main objective
of rehabilitating repatriates from
Burma and Srilanka. The Schemes
are open to all on admission as
members of the bank so as to enable
the bank serve its main objective
effectively. The bank is governed
by the Ministry of Home Affairs,
Govt. of India.
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| JURISDICTION |
The area of
operation of the bank covers the
south Indian states viz., Tamil
Nadu, Andhra Pradesh, Karnataka,
Kerala, and the Union Territory
of Pondicherry.
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| OWNERSHIP |
The Share Capital
of the bank constitutes subscription
by the Govt. of India and the state
Govts. of TamilNadu, Andhra Pradesh,
Karnataka, Kerala besides individual
Repatriate members.
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| ADMINISTRATION |
The Bank is
administrated by Board of Directors
nominated by the Govt. of India,
the Chief Executive being Managing
Director, to look into the day-to-day
operations.
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