Mumbai: 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 of…
Bhubaneswar: Adding to its growing range of digital payments and financial services solutions, Airtel Payments Bank, one of the leading FASTag issuers in India, today announced a collaboration with Park+ to offer FASTag based smart parking solutions to marquee commercial and residential properties across the country. Park+ is the market leader in automating parking spaces…
Mumbai: Dunzo, India’s leading quick commerce player, has raised US$240M in its latest round of funding. The investment was led by Reliance Retail Ventures Limited (“Reliance Retail”), with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. With an investment of US$200M, Reliance Retail will own 25.8% stake on a fully diluted basis….
Mumbai : Union Bank of India today, launched the Cyber Security Awareness Kit and inaugurated an automated VAPT (Vulnerability Assessment & Penetration Testing) lab at their Cyber Security Centre of Excellence in Hyderabad. The aim of this initiative is to create cyber security awareness among its staff members, customers and other stakeholders. The event was…
Acer Unveils Trio of Chromebooks for Families, Students, and Hybrid Workers Editor’s Summary The Acer Chromebook Spin 513 (CP513-2H) boosts productivity on-the-go with a sleek, convertible design, 13.5-inch VertiView® display with a 3:2 aspect ratio, long battery life and exceptional performance—powered by the octa-core MediaTek Kompanio 1380 processor The Acer Chromebook 315 (CB315-4H/T) expands the…
Mumbai: 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, “Bank of…
Mumbai: Union Bank of India today, launched the Cyber Security Awareness Kit and inaugurated an automated VAPT (Vulnerability Assessment & Penetration Testing) lab at their Cyber Security Centre of Excellence in Hyderabad. The aim of this initiative is to create cyber security awareness among its staff members, customers and other stakeholders. The event was summoned…
Mumbai: Reliance New Energy Solar Ltd (“RNESL”), a wholly owned subsidiary of Reliance Industries Ltd., has signed definitive agreements to acquire 100% shareholding in Faradion Limited (“Faradion”) for an enterprise value of GBP 100 Mn. In addition, RNESL will also invest GBP 25 Mn as growth capital to accelerate commercial roll out. Based out of…
Kolkata:The Institute of Chartered Accountants of India (ICAI) holds its 2nd day of Annual Convocation Ceremony in Kolkata today. Chief Guest, CA Deepak Kumar Kedia, IPS, Guest of Honour, CA Rajendra Prashad Pansari, Sr. President, Essel Mining & Industries Ltd, CA.(Dr.) Debashis Mitra, Hon’ble Vice President, ICAI, CA. Sushil Kumar Goyal, Central Council Member and…
Mumbai: 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 has shown steady progress to bag the honor for four consecutive quarters. Union Bank of India has been consistently doing well in areas…