APN News

  • Friday, April, 2024| Today's Market | Current Time: 06:02:58

    • Banking

    SBM Bank India celebrates its 5th anniversary today

     Mumbai : SBM Bank India is celebrating its 5th anniversary today and as a part of this momentous occasion, it has rolled out special anniversary offers on advances and deposits. The Bank has announced a higher rate of interest on fixed deposits for a specific tenure and has also slashed processing fees on certain categories […]

    Banking

    Bank of Baroda Introduces the BOB Parivar Account for Savings and Current Accounts

     Mumbai: Bank of Baroda, one of India’s leading public sector banks, announced the introduction of the BOB Parivar Account for Savings and Current Accounts. The ‘My Family, My Bank’ segment, which has been launched as a part of the Bank’s “BOB Ke Sang Tyohaar Ki Umang” festive campaign, groups all the bank accounts belonging to […]

    Banking

    H&M Group Drives The Agenda On Collaborative Financing Solutions For Impactful Climate Action

     H&M Group is taking a leadership position in establishing collaborative financing solutions that enable the necessary decarbonisation of fashion supply chains. To realise this ambition, H&M Group, together with Southeast Asia’s largest bank, DBS, has initiated a collaborative finance tool – a first-of-its-kind green loan programme that facilitates supply chain decarbonisation in the apparel sector. […]

    Banking

    LM Exchange and Federal Bank Celebrates the Success of Inaugural Emirati Employee Training Programme

     Dubai – UAE: In a significant step towards empowering local talent, LM Exchange, one of the leading money transfer and currency exchange companies in the UAE, in collaboration with India’s renowned Federal Bank, has successfully concluded a specialised training programme for its Emirati workforce. The inaugural initiative saw five Emirati employees complete an intensive week-long […]

    Banking

    Thailand’s banks embrace new technology, but digitalization falls short, say experts at the ENGAGE ASIA 2023 conference

     BANGKOK, THAILAND – Banks and financial institutions in Thailand leverage mature technology and incorporate modern features. However, experts at the recent ENGAGE ASIA 2023 emphasized that the challenge stems from the absence of unification across different touchpoints, resulting in fragmented customer engagement. The majority of the systems within the banks operate in silos and don’t […]

    Banking

    HDBank receives Board of the Year award for best corporate governance practice

     HO CHI MINH CITY, VIETNAM – On November 22, during the Annual Forum on Corporate Governance in Hanoi, the Vietnam Institute of Directors   presented the Board of the Year Award to the Ho Chi Minh City Development Joint Stock Commercial Bank. Kim Byoungho, chairman of HDBank, speaks at a panel discussion on “Unlocking Green Finance […]

    Banking

    Rajat Kumar Jain ex-MD of Xerox India and Walt Disney India appointed as Chairman of Fino Payments Bank

    Mumbai: Fino Payments Bank Limited is progressing on the plans for the next phase of digital led growth and preparing for its evolution in Fino 2.0 avataar. The Bank has received an approval from Reserve Bank of India   vide its letter dated November 24, 2023, for appointment of Mr. Rajat Kumar Jain, Independent Director, as […]

    Banking

    Bank of Baroda inaugurates 6th edition of Baroda Kisan Pakhwada – an annual outreach programme for Indian farmers

     Mumbai : Bank of Baroda, one of India’s leading public sector banks, announced the launch of the 6th edition of Baroda Kisan Pakhwada, the Bank’s annual, fortnight long engagement programme focused on the Indian agrarian economy. The farmer engagement programme commences on November 16, 2023, and will conclude on November 30, 2023, with the Baroda […]

    Banking

    Clarification: RBI Circular dated November 16th, 2023, Regulatory measures towards consumer credit and bank credit to NBFCs

     Mumbai : This is with reference to the circular dated 16th November 2023 issued by the Reserve Bank of India   with respect to consumer credit by Banks/NBFCs and bank credit to NBFCs. We would like to inform you that the debt equity ratio and the capital adequacy of the Company (“UGRO”) as on 30th September’2023 […]

    Banking

    Union Bank of India secures 2nd Rank in EASE reforms

     Mumbai : Union Bank of India is ranked 2nd as per the report on EASE Reforms Index for Q1 FY 2023-24 by Indian Banks’ Association. Union Bank of India has been doing well in areas related to enabling various digital and digitally assisted journeys for Customer Convenience, Delivering Excellence in Customer Service with Digital Enablement, […]

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