APN News

  • Monday, January, 2022| Today's Market | Current Time: 08:11:02

    • Banking

    Union Bank of India embraces Alternate Reference Rate replacing LIBOR

    Hyderabad : Union Bank of India (UBI) through its International Banking Division announced that it has started lending in Alternate Reference Rate (ARR) replacing London Inter-Bank Offered Rate (LIBOR) in line with regulatory requirement. With this, Union Bank of India is among the first few Banks in India to adopt ARR. LIBOR transition is one […]

    Banking

    Fino Payments Bank receives RBI approval for Cross Border Remittances

    Mumbai : Fino Payments Bank   (“Fino Bank” or “the Bank” or “Fintech) has received the RBI approval for commencing International Remittance business under the Money Transfer Service Scheme (MTSS). The Bank will be undertaking inward cross-border money transfer activities in association with an Overseas Principal, the details of which are being worked out. According to […]

    Banking

    Punjab National Bank Launches Online Life Certificate Submission Facility

        The online web-based platform developed by PNB will offer secure, comfortable and paperless submission Hyderabad: In a major initiative to simplify and extend convenience to its pensioners, Punjab National Bank has come up with the facility of online Life Certificate submission for Central/State Govt. pensioners. The easy-to-use web-based platform will enable pensioners to submit […]

    Banking

    Union Bank of India redesigns Union MSME First Branch

    The next-generation Branches are launched by Union Bank of India at 20 additional locations spread across 15 Indian states.With sole focus on MSME Customers, ‘Union MSME First Branch’ (UFMB) will enable faster loan approvals. Kolkata: Union Bank of India today launched the next generation redesigned MSME Branches – ‘Union MSME First Branch’ at 20 additional […]

    Banking

    Federal Bank’s Gurugram/ M G Road branch revamped with world-class digital facilities

     Federal Bank’s Gurugram/ M.G.Road branch shifted to  new premises with ultra-modern facilities. The branch now boasts of a Virtual Conference Room & Fed-e-Studio, a facility where customers can self-transact. A few of the facilities available are ATM, CDM, Passbook printing, Intra-Bank transfers, Cheque Book request, CTS Clearing, Deposit opening, Loan against deposit and NEFT/RTGS/IMPS. The […]

    Banking

    StashFin launches a host of new value propositions, features, and benefits on its Credit Line Card

    StashFin Credit Line Card has introduced new value propositions, from exclusive welcome benefits and cashback to free ATM withdrawals, credit access, zero fees, and no hidden charges Mumbai : StashFin, a neo-banking platform, which is among India’s leaders in the space, today announced a host of new value propositions on its Credit Line Card. The […]

    Banking

    ‘Tokenisation good, but only if done right!’ Dr Aruna Sharma, Former Member, RBI Digitisation Committee

    Speaking in a webinar organised by Consumer Unity & Press Society (CUTS) ‘Implementing RBI’s Tokenisation Circular in Consumer Interest’, Dr Aruna Sharma, IAS, former secretary to the Government of India & Member, RBI Digitisation Committee voiced her support for RBI’s move to permit Card on File Tokenisation (CoFT). In the same breath, she also cautioned against the […]

    Banking

    Union Bank of India, NPCI, and JCB launch ‘Union Bank RuPay Wellness Credit Card’

    ·         The Wellness Credit Card is aimed at the holistic wellness, health, and self-care of consumers ·         Consumers can now enjoy the bouquet of wellness benefits including complimentary gym memberships, golf lessons, spa sessions, health check-ups, and more New Delhi: Union Bank of India partners with National Payments Corporation of India (NPCI) to launch the Union […]

    Banking

    Punjab National Bank Signed MOU for Co-Lending arrangement with IIFL Home Finance Limited

    Kolkata: To align with the Government of India reform agenda and improve the flow of credit to the unserved and underserved sector of the economy, Punjab National Bank has entered into a Co-Lending arrangement with IIFL Home Finance Limited. By this arrangement, the ultimate beneficiary will get the funds at an affordable rate as the […]

    Banking

    Honourable Union Finance Minister Nirmala Sitharaman Inaugurates Tamilnad Mercantile Bank (TMB)’s Centenary Celebrations in Thootukudi

    ~ The Chief Guest launched a unique TMB ‘Postal Stamp’ and specialised ‘Postal Card’ ~ FM also flagged off the ‘TMB Mobile DigiLobby’ vehicle, ‘Aarogya India’ Vaccination awareness campaign and TMB’s mobile vaccination drive New Delhi: One of India’s oldest and leading private sector bank, Tamilnad Mercantile Bank (TMB), commenced its Centenary celebrations today at Thoothukudi, […]

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