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Finance

Bank Of Baroda Ropes In Cricket Sensation Shafali Verma As Brand Endorser

Kolkata : Bank of Baroda today announced signing of Indian Cricketer Shafali Verma as its brand endorser. In a welcome result of her consistent outstanding performance in the Women’s cricket for India, the Bank has signed contract with the ace Cricketer. Commenting of the association, Shri Sanjiv Chadha, MD & CEO, Bank of Baroda said, […]

Finance

India Exim Bank set for ARR

Export-Import Bank of India (India Exim Bank) is set to begin the new year with transactions in Alternate Reference Rates (ARR). With the cessation of LIBOR, the Bank is ready for conducting its daily operations in ARR. In 2017, the UK Financial Conduct Authority announced that the underlying markets upon which LIBOR is derived were […]

Finance

7 Best Investment Plans in India and their Benefits

Choosing the best investment plan in India requires a lot of planning and hard work. Even though it is important to accumulate money to meet your future goals, the need for Life Insurance in your investment plan is equally necessary to secure your family’s finances, in case something happens to you. However, savings alone will not be enough. To […]

Finance

SBI Mutual Fund launches SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund

New Fund Offer opens on January 3 and closes on January 17, 2022 New Delhi : SBI Mutual Fund today announced the launch of SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund, an open-ended target maturity index fund investing in constituents of Nifty CPSE Bond Plus SDL Sep 2026 50:50 Index. The new […]

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 […]

Finance

Paisabazaar.com and Axis Bank launch Pre-Qualified Program for Personal Loans

– Select customers, both salaried and self-employed, can view and apply for customized and pre-qualified lending offers from Axis Bank on Paisabazaar – The Program will provide instant access to credit through click of a few buttons on the Paisabazaar platform – Paisabazaar is strongly focussing on building digital capabilities and infrastructure, through deeper partnerships […]

Finance

Ceai Writes To Union Ministry Of Finance To Avoid Transactions Through U.S. Banking System For Foreign Currency Transactions Within India

New Delhi : The Consulting Engineers Association of India (CEAI) an apex body of consulting engineers in the country in a letter has urged the Union Ministry of Finance to intervene and ensure that the foreign currency transactions within the country be not routed through the United States (US) banking system in order to avoid […]

Finance

Union Bank of India Ranks 3rd in EASE reforms

Adoption of sound lending practices and credit monitoring & recovery mechanism has been the highlight of the Bank’s performance in Q2 FY21-22. Kolkata : Union Bank of India has ranked 3rd in the index released for Q2 FY 2021-22 as per the report on EASE Reforms Index released by Indian Banks’ Association (IBA). Union Bank […]

Finance

Federal Bank partners with Schwing Stetter India

Mumbai : Federal Bank, India’s leading Private Sector Bank today signed a Memorandum of Understanding (MoU), with Schwing Stetter (India) Ltd, a Subsidiary of Schwing GMBH, Germany, one of the largest manufacturers of Concrete and Construction equipment in India. The MoU was Signed by Mr. Harsh Dugar – Group President and Country Head-Wholesale Banking, Federal […]