Bhubaneswar: Economic empowerment is the key to the attainment of equal status for women in society. The government has taken major steps in this direction to make financial access for women easier and to make them confident and empowered. Many women today hold bank accounts through the mudra Yojana and get the financial benefits straight…
New Delhi : Punjab National Bank has signed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) to provide specially designed products to the defence personnel under the bank’s flagship scheme of ‘PNB Rakshak Plus’. This scheme includes, inter alia, personal accidental insurance, air accidental insurance to serving, retired and trainees of the…
New Delhi : Bank of Baroda today announced the signing of a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) for Salary Savings Accounts. Under the MoU, Bank of Baroda will offer Baroda Military Salary Package for Uniformed Personnel and Veterans of the Indian Air Force. The MoU covers special benefits including enhanced…
Bhubaneswar: Financial Performance: Bank has made Net Profit of ₹ 18 Crore during the quarter ended March 2022 as against Net Profit of ₹ 80.02 Crore in the quarter ended March 2021 registering a growth of 290.11%. Bank has made Net Profit of ₹ 76 Crore during the year ended March 2022 as against Net…
Bhubaneswar: The Repo Rate has been increased to 40 bps by the Monetary Policy Committee (MPC) of the Reserve Bank. So it has reached 4.4 per cent. Notably, Repo Rate is the rate at which loans are granted to the commercial banks of the RBI in case of a shortage of funds. It is also…
Mumbai: Union Bank of India today, announced the launch of ‘Trade nxt’(trade.unionbanko findia.co.in/UBIFCC/portal#/login),an online platform for providing comprehensive cross border trade finance services to Indian Exporters and Importers. It offers seamless entry and processing of letters of credit(LC), bank guarantees, export/import bills, disbursement of export credit, outward & inward remittances, dealer financing and much more….
Mumbai: RELIANCE BRANDS LIMITED (RBL) commences a new journey with the icon of Italian luxury lifestyle Tod’s S.p.A. With this long-term Franchise agreement, RBL has become the official retailer of the brand across all categories including footwear, handbags and accessories in the Indian market. Tod’s has been operational in India since 2008 with mono brand stores…
Mumbai: Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and Reliance Industries Limited (RIL), have signed the formal Shareholder Agreement for the TA’ZIZ EDC & PVC project. Reliance is India’s largest diversified conglomerate and a strategic partner with Abu Dhabi National Oil Company (ADNOC) and ADQ, an Abu Dhabi-based investment and holding company, in TA’ZIZ EDC…
Kolkata: For the very first time in its 118 years of history, the World Congress of Accountants (WCOA) would be hosted in India by the Institute of Chartered Accountants of India (ICAI). The prestigious event, popular as the `Olympics of the Accountancy Profession’ or the `accountants’ kumbh’ in Indian parlance, would take place at the…
Kolkata: All India Mobile Retailers Association (AIMRA), an apex body representing 1.5 lac plus mobile retailers in India, has warned that unethical, discriminatory and monopolistic business practices by online sales platforms is jeopardizing the future of 1.5 lac mainline mobile phone retailers across India. Hundreds of mobile phone retailers and top members of the Association from…
