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Banking

HDFC Bank issues India’s first Electronic Bank Guarantee

Partnered with National E-Governance Services Limited to develop e-bank guarantee Bank to migrate to e-bank guarantees to deliver quick, digital, paperless service HDFC Bank, India’s largest private sector bank, on September 4th, 2022, became the first bank in the country to issue an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL). […]

Banking

ICICI Bank partners with NPCI to launch RuPay credit cards

· The card offers an array of benefits including reward points, airport lounge access, discounts on dining and movie tickets · It provides personal accident insurance and 24×7 concierge services Mumbai: ICICI Bank today announced its partnership with National Payments Corporation of India (NPCI) to launch a range of credit cards on RuPay, the indigenous […]

Banking

Union Bank of India launches Union Prerna 2.0 – EmpowerHim

Hyderabad/Mumbai: Union Bank of India today, launched an Industry-first, dedicated, men-focused Committee ‘EmpowerHim’ as part of its flagship HR initiative ‘Prerna’. The program aims to promote the employees’ career trajectory and improve diversity in the Bank by picking out and resolving individual as well as common existing challenges. This Committee will complement the women focused; […]

Banking

SIDBI partners with SVC Bank for empowering MSMEs

The MoU signed will enable SVC Bank to tap into SIDBI’s Refinance facility to facilitate credit flow to MSME clients SVC Bank becomes the first Urban Co-operative Bank to initiate a unique refinancing partnership with SIDBI New Delhi: SVC Co-operative Bank Ltd. (SVC Bank), one of India’s leading co-operative bank and Small Industries Development Bank […]

Banking

BOB Financial launches its mobile app ‘bobcard’

Partners with IBM to create an elevated digital experience for customers – powered by cloud Simplifies rewards redemption, limit management, EMIs conversion, credit card bill payments and more for its customers Launched record number of cobrand credit cards for Defence personnel, professionals like CA, CS, CMA Recently entered the One million club with double the […]

Banking

Federal Bank offers special rates for NR Term Deposits

Federal Bank introduces special rates for its NRE Term Deposit. These special rates are available between 28th July 2022 and 4th August 2022. The rates are applicable for NR term deposits opened for a period of 15 months. The new rates offered are 80 bps above the existing rates. Below given is the Bank’s special […]

Banking

Bank of Baroda organises Banking Beyond Tomorrow – Annual Banking Conference 2022

The RBI Governor, Shri Shaktikanta Das is the Chief Guest at the conference Hyderabad / Mumbai: Bank of Baroda (Bank), one of India’s leading public sector banks, organised the first edition of its Annual Banking Conference with the theme being “Banking Beyond Tomorrow” on Friday, July 22. Shri Shaktikanta Das, Governor, Reserve Bank of India […]

Banking

Canara Bank Launches Canara ai1-The banking Super App on 22.07.2022

Mumbai: MD & CEO of Canara Bank, Shri L V Prabhakar launched Mobile Banking Super App – “Canara ai1 – The Banking Super App” on 22.07.2022. Canara ai1 – The Banking Super App is a one stop solution having 250+ features consisting of all the banking needs of its customers. It eliminates the need of […]

Banking

Standard Chartered and EaseMyTrip launch Co-branded Credit Card

Most rewarding travel credit card with host of benefits for clients Up to 20% Instant Discount on Hotel/Flight bookings with EaseMyTrip One-stop credit card providing domestic & international lounge benefits along with accelerated rewards Standard Chartered Bank today announced the launch of a co-branded credit card with EaseMyTrip, the second largest online travel tech platform […]

Banking

Punjab National Bank joins the Account Aggregator Ecosystem

New Delhi : Punjab National Bank (PNB) joins the Account Aggregator(AA) Ecosystem and went live on the Ecosystem as both Financial Information User (FIU) and Financial Information Provider (FIP). The Account Aggregator Ecosystem which went live in September 2021 has seen active participation from private and public sector banks in the country. Punjab National Bank […]