Tag Archive for bank

NTPC Inks Rs. 1,500 crore Term Loan with HDFC Bank

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

NTPC Signs Term Loan of Rs 1500 crore with HDFC Bank

NTPC, India’s largest power generating company, has signed term loan agreement for Rs. 1,500 crore with HDFC Bank Limited on 10th July, 2018 for its various projects. The loan has a door-to-door tenure of 15 years and will be utilised to part finance the capital expenditure of NTPC and has been extended at an interest rate linked to 3-months Marginal Cost of funds based Lending rate (MCLR) of the bank. Read more

5th Edition of Times NOW & ICICI Bank NRI of the Year Awards 2018 Honors Global Indians

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Times NOW, India’s leading English news channel from the Times Network and ICICI Bank hosted the 5th edition of NRI of the Year Awards 2018 today in Mumbai. The NRI of the Year Awards salute the spirit of global Indians who have been an inspiration and made a mark for themselves worldwide. Sunil Chhetri, Indian football team Captain was presented with the prestigious Global Indian Icon and Prem Watsa, Founder, Chairman and Chief Executive of Fairfax Financial Holdings was conferred with the Special Jury NRI of the Year Award, amidst a glittering evening.

To celebrate NRI of the Year Awards 5th edition, a coffee table book was launched by Kiren Rijiju, Hon’ble Union Minister of State for Home Affairs of India, MK Anand, MD and CEO, Times Network, Vijay Chandok, Executive Director ICICI Bank, Lt. Gen Sudhir Sharma, Advisory Board – India, GIIS and Farokh Balsara -Partner and National Director – Consumer Products and Health Services, Ernst & Young. A new trophy designed by renowned jewellery designer Poonam Soni was also unveiled at the ceremony by Bollywood actress, Chitrangada Singh. Mr. Kiren Rijiju, Union Minister of State for Home Affairs of India was the chief guest for the evening and the event was graced by notable personalities including Indian footballer Sunil Chhetri, actress Chitrangada Singh, singer Akriti Kakar many more from the TV and Bollywood industry. Anukreethy Vas, Miss India 2018, Meenakshi Chaudhary, First Runner Up, and Shreya Rao Kamavarapu, Second Runner Up made their first appearances on the red carpet after winning the Miss India tittles. The gala event was hosted by Sameer Kochhar and Mandira Bedi. The evening also witnessed a mesmerizing dance performance by Terrence Lewis Dance Institute. Read more

Agreement Signed between CSC SPV and HDFC Bank

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

CSC SPV and HDFC Bank signed an agreement  to enable three lakh Village Level Entrepreneurs (VLEs) of the Common Services Centers to operate as Banking Correspondents of HDFC Bank.

The function for signing and exchange of agreement held between Managing Director, HDFC Bank Mr. Aditya Puri and CEO, CSC SPV Dr. Dinesh Kumar Tyagi in the august presence of Hon’ Minister of Electronics & IT Shri Ravi Shankar Prasad and Hon’ Minister of State for Electronics & IT Shri S.S. Ahluwalia  today at the Ministry of Electronics & IT, New Delhi. Read more

Narayana Health – SRCC Children’s Hospital launches a dedicated blood bank for pediatric needs

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

(L-R) – Dr Purna Kurkure, Medical Director, (Narayana Health- SRCC Children’s Hospital) , Dr. Zarin Bharucha, Chairperson( Blood Bank Federation of Bombay Blood Bank) and also representative of WHO, Mr. S. Ramadorai, Trustee (SRCC) & Past Vice Chairman, Tata Consultancy Services, Ms. Anita Garware, Trustee, SRCC & Dr. Kalpana Velaskar, Sr. Consultant blood & transfusion medicine, (Narayana Health - SRCC Children’s Hospital) inaugurated the Pediatric blood bank at Narayana Health - SRCC Children’s Hospital today.

Narayana Health - SRCC Children’s Hospital one of the largest multi-speciality pediatric healthcare hospital in Mumbai, today launched a Blood Bank at the hospital. The blood bank will have storage capacity of 400 liters of blood and it can be scaled upto 900 liters going forward. The state-of-the-art blood bank is spread over 2000 sq ft of space, largest in any pediatric hospitals in the city. The blood bank will also have a unique technology which can eradicate any complexities in blood through ‘Gamma Rays Irradiation’ technique, which will help to prevent any complexities during transfusion of blood in children. Read more

AU Bank offers birds some respite from summer

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Parinda Delhi

AU Small Finance Bank, a bank committed to the cause of financial inclusion, is also committed to the well-being of community at large. With the thought of saving birds at the core, this summer AU Bank started the initiative of ‘AU bank Social Connect’. It is one-of-its-kind initiative where AU Bank is gifting clay pots to residential societies, shopkeepers, corporates, government offices, temples, public parks and households to hang in balconies, terraces and open spaces to feed water to thirsty birds.

With temperature touching 47-48 degree Celsius in summers, every summer many birds die due to unavailability of water in this scorching heat. Therefore, this year AU Bank decided to start the save bird campaign under the ‘AU bank Social connect’ initiative. Read more

Mahagram ties up with Thane Janta Sahakari Bank Ltd. for BHARAT BILL PAYMENT SYSTEM (BBPS)

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mahagram is Agent Institution (AI) registered on NPCI’s BBPS platform under TJSB bank (BBPOU) and a rising fintech company of the country focusing on financial inclusion & assisted ecommerce and banking, has successfully tied up with Thane Janta Sahakari Bank Ltd. for Bharat Bill Payment System (BBPS). The company has announced it after amalgamating its payment services with the Bharat Bill Payment System (BBPS) monitored by National Payment Corporation (NPCI). Mahagram has a digital financial services platform known as “eGramTM” that has brought a payment revolution by delivering an integrated range of services on a robust transaction platform. Aiming at BBPS,Mahagram is trying to resolve difficulties by assisting in a number of services to people’s doorsteps. Like digital payment industry it offers services to help India go cashless. Read more

Toreto Launches Multi-Utility Power Bank “Flare” – Collusion Of Light Combined With Power Bank

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Toreto, a top-tier and prominent leader in the innovative and portable digital product market has launched Toreto Flare, a power bankthat can be turned into an LED lamp. With its astounding features like, stand-anywhere and hang-anywhere, Flare is an ideal choice to carry on the go. Read more

YES SECURITIES ADJUDGED “INDIA’S BEST INVESTMENT BANK” BY GLOBAL FINANCE MAGAZINE

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

YES SECURITIES, the Investment Banking and Merchant Banking arm of YES BANK, was adjudged “India’s Best Investment Bank” by Global Finance magazine at its 2018 World’s Best Investment Bank Awards. The winners were short-listed based on an extensive annual global survey of industry experts and analysts by Global Finance magazine.

Global Finance editors, with inputs from industry experts, used a series of criteria to score and select winners, based on a proprietary algorithm. Deals announced or completed in 2017 were considered.

Vikas Dawra, Group President & Global Head, Investment Banking, YES Securities said, “This award is a true recognition of our in-depth market understanding and service excellence by industry experts worldwide. Our knowledge driven approach has enabled us to be a trusted advisor to clients, across their growth cycle and played an instrumental role in some of the most complex transactions in 2017. With continued reforms and improving confidence in the economy, we believe that the momentum will only accelerate in 2018.” Read more

Indian SME business networking solution GlobalLinker signs Aboitiz-led ‘Union Bank of the Philippines’

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

GlobalLinker, a business networking solution for SMEs and start-ups has ventured into the international market by partnering with the ‘Union Bank of the Philippines’.

The introduction of ‘Union Bank – GlobalLinker’ amplifies Union Banks’s advocacy for MSMEs to create a digital platform for business growth. Union Bank’s pursuit of innovation includes equipping MSMEs, which make up 99.57 percent of Philippine establishments, with the tools and resources to scale up, to go global, and to contribute to nationwide growth.

Speaking on the expansion, Summi Gambhir, Co-Founder, GlobalLinker said, “We are pleased to extend our platform globally with the Union Bank of the Philippines under the co-branded website Union Bank-GlobalLinker.  We see the Philippines as a growing market for SMEs. The merging of channels and business model will impact the SMEs globally through one common platform. This expansion is in tandem with our vision of establishing GlobalLinker as an international networking solution for SMEs” Read more

Bandhan Bank Limited listing ceremony held today, March 27, 2018 at BSE in Mumbai

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

(L-R): Mr. Chandra Shekhar Ghosh (Managing Director and Chief Executive Officer) Bandhan Bank Ltd with other dignitaries at the gong on the occasion of the listing ceremony of Bandhan Bank Limited held today in Mumbai at the BSE.

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