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Modern banking institution came into existence in Guna
District in 1938 when the Imperial Bank of India opened a branch at Ashoknagar. By the end
of 1944, two branches of Imperial bank of India were functioning at Guna and Ashoknagar.
The Imperial Bank of India was Nationalised and named as State Bank of India in 1955.
Punjab National Bank opens its branches at Guna and Ashoknagar in 1948 and 1959
respectively. The Stander started itte Bank of Is brt Guna in 1960 aagar and Mungaoli in
1961. Aanchfter a decade ites and in Ashoknghogarh, Cha openderi and Chanchin 1970, at
Khumbraj and Aron inn branches at Ra 1971, at Ruthaih in 1972 and inoda and Issagaroli in
1974 COOPERATIVE In 1922 Essagrah cooperative bankcredit facil was established to ities to newly cl the four pargaprovide ultivatoict. The banrs ik has its branches at Guna, n alnas of the distrMungaoli and Chanchoda. In 1925 the number of agricultural cooperative societies rows to 136 of which 38 were in Essagarh Pargana, 36 in Mungaoli, 59 in Bajrangarh and 3 in Kumbhraj Predium term credit in Guna diesenstrict inclutly ture for short ades as Central Cnd mooperative Bank at district level anieties at bad Prse. For long time credit there is a Land development bank in the district. Thus the cooperative credit Sstrict Central Cector in Guna consists of Diooperative Bank, District Land Development Bank, 186 Agricultural Societies and 11-non agricultural bank societies. The Year wise progress of district Cooperative Central Bank Guna and Agriculture Cooperative Credit Societies is shown below.
SMALL SAVING SCHEMES The organization attracting and mobilizing the savings in the district are, postoffice saving schemes and Life Insurance. The Small saving schemes, which continued their operations in, Guna district is: 1. Post Office Saving Bank Account 2. 12 Year National Plan Certificate 3. 15 Year Annuity Certificate 4. 10 Year treasury deposits and Cumulative time deposing The year wise progress of small saving schemes in district Guna is as below: SMALL SAVINGS SCHEMES IN DISTRICT - (Amt. In Crores)
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