BoB’s e-Bank Guarantee issuance for trade finance crosses 1,000 mark BusinessLine
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Author: newsworm
Karnataka Bank opens technology and business hub in Bengaluru
Karnataka Bank opened a state-of-the-art ‘Technology & Digital Hub’ at Artisane RPS Tech Centre, J.P. Nagar in Bengaluru on July 5. The aim is to consolidate all its tech and digital operations under one roof. The hub is expected to spearhead development and innovation as well as execution.Bank Chairman Pradeep Kumar, who inaugurated the centre, says, “The newly opened Technology & Digital Hub will be a game changer in accelerating the growth journey of the bank as we celebrate the centenary year. While strengthening the hands of brick and mortar branches, this new technology nerve centre will open up new channels of sourcing business and servicing the next gen customers.”Bank…
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Punjab National Bank share price Today Live Updates : Punjab National Bank closed today at ₹95, down -2.32% from yesterday’s ₹97.26
08 Jan 2024, 06:43 PM IST
Punjab National Bank share price update :Punjab National Bank closed today at ₹95, down -2.32% from yesterday’s ₹97.26
Today, Punjab National Bank’s stock closed at ₹95, marking a decrease of 2.32% in comparison to yesterday’s closing price of ₹97.26. The net change for the day was -2.26.
08 Jan 2024, 06:20 PM IST
Punjab National Bank share price live: Stock Peers
NameLatest PriceChange% Change52W High52W LowMkt. CapIndusind Bank1626.75-15.85-0.961655.75990.25126218.75Bank Of…
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UCO Bank’s stocks plummet in trading today
The current data for UCO Bank stock shows that it is trading at a price of ₹39.98. The percent change is -0.97, indicating a decrease in the stock price. The net change is -0.39, which means the stock price has decreased by ₹0.39. Overall, the stock price of UCO Bank has decreased slightly. Click here for UCO Bank Ratios
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HDFC securities appoints Puneeth Bekal as chief marketing officer, ET BrandEquity
Puneeth Bekal, chief marketing officer of HDFC securitiesInvestment services provider HDFC securities has announced the appointment of Puneeth Bekal for the position of chief marketing officer and executive vice president. Bekal will be heading the marketing department, and HDFC Sky – their flat pricing equity broking app launched in September 2023, the company stated in a press release.Bekal has over 19 years of experience in brands and marketing, with key expertise in brand strategy, marketing strategy and digital marketing across industries and verticals.Before joining HSL, Bekal worked for organisations including Mastercard, Godrej Group,…
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Indian Bank partners with Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility for supply chain finance
Indian Bank Supply-chain finance will provide easy access to working capital finance to the dealers of TML, at favourable terms for driving their business growth.
Indian Bank has signed MoUs (Memorandum of Understanding) with Tata Motors Passenger Vehicles Ltd (TMPVL) and Tata Passenger Electric Mobility Ltd (TPEML) wholly owned subsidiaries of Tata Motors Limited.
Under this partnership, the Bank will provide inventory financing solution to the authorised dealers of TMPVL & TPEML through its digital SCF platform, for both electric vehicles as well as other passenger vehicles.
Speaking on the occasion, Mr….
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Axis Bank and GuarantCo facilitate INR 1 billion loan to Everest Fleet for electric taxis, ET EnergyWorld
Axis Bank has extended a INR 1 billion (c. USD 12.1 million) loan to Everest Fleet, an independent fleet management provider, under its partnership with GuarantCo, part of the Private Infrastructure Development Group (PIDG). The loan, provided for over four years, aims to facilitate the purchase of electric vehicles (EV) by Everest Fleet for use as green taxis in India.This financial collaboration is a result of the USD 200 million INR equivalent framework guarantee agreement signed by GuarantCo and Axis Bank in May 2022. The agreement allows the mobilization of funds between USD 300 and 400 million in INR equivalent to finance the…
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Indian Overseas Bank sanctions loans worth crores to SHGs in Chennai District during special campaign – IndiaCSR
Indian Overseas Bank sanctions loans worth crores to SHGs in Chennai District during special campaign IndiaCSR
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H.P. State Commission Allows SBI Appeal Against Customer’s Plea Of Unauthorised Withdrawal From ATM .
The Himachal Pradesh State Consumer Disputes Redressal Commission bench led by Justice Inder Singh Mehta (President) allowed an appeal by the State Bank of India against the Complainant who alleged unauthorized withdrawals of Rs. 4 Lakhs from his savings bank account. The State Commission held that since the ATM Card remained in the Complainant’s custody, it was his responsibility to use it cautiously and not share the secret PIN with anyone else. Brief Facts: Mr. Charanjit Singh (“Complainant”), held a savings bank account with the State Bank of India (“SBI”) at the Una (H.P.) branch, with a balance of Rs. 9,76,228.67/-. Later, after withdrawing Rs. 10,000/- from…
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Bank of Maharashtra’s Commitment to ESG Principles
Bank of Maharashtra, a premier Public Sector Bank in the country reinforces its commitment on Environmental, Social & Governance (ESG) principles, outlining its comprehensive strategy to seamlessly integrate sustainability into all aspects of its business operations aligning with SEBI’s “Business Responsibility & Sustainability Reporting Framework”. At the heart of Bank of Maharashtra’s operational ethos, lies its long-standing philosophy of creating shared value for its stakeholders while actively contributing to a more sustainable and equitable society.
Environmental, Social & Governance (ESG) is a framework for measuring the sustainability and impact of…
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