Karnataka Bank aims to achieve an export credit target of Rs 2,500 crore during the current financial year. Besides, the Bank will be proactive in extending all the required banking facilities to the forex sector by giving preferential treatment. Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, … Read more
Nucleus Software Exports has extended digitization capability of its lending mobility solution (FinnOne Neo mCollect) which can now be used for Unified Payments interface (UPI) based direct fund transfers. With this capability in FinnOne Neo mCollect, the loan collection agents can initiate a UPI based payment request to the customer on their Virtual Payment Address … Read more
Bank of Baroda has entered into an agreement with Directorate General of Supplies & Disposal (DGS&D) for extending various banking services to Government e-Marketplace (GeM). DGS&D has been mandated to set up GeM, an initiative intended to bring greater transparency and efficiency in public procurements. The relationship of the bank with GeM will immensely benefit … Read more
Reserve Bank of India has said it will shortly issue Rs. 20 banknotes in the Mahatma Gandhi Series. The new Rs. 20 notes have the inset letter ‘S’ in both the number panels and the signature of RBI Governor Urjit Patel, the central bank said. “All the banknotes in the denomination of Rs. 20 issued … Read more
