BANK - CNN O TV

Launch of Canara ai1-The banking Super App on 22.07.2022

24Jul

By cnnotvadminNo Comments

BANK, ENGLISH, NORTH INDIA

Launch of Canara ai1-The banking Super App on 22.07.2022

Launch of Canara ai1-The banking Super App on 22.07.2022 22nd July,2022, Mumbai: MD & CEO of Canara Bank, Shri L V Prabhakar launched Mobile Banking Super App - “Canara ai1 – The Banking Super App” on 22.07.2022. Canara ai1 – The Banking Super App is a one stop solution having 250+ features consisting of all the banking needs of its customers. It eliminates the need of having multip le Mobile Apps working in silos for availing different specific services. Shri Prabhakar said that core vision of the Bank is “E-transactions for Everyone, Everywhere, Every time” and Bank is leveraging technology to enable the customers to perform Banking at their fingertips. Canara ai1 – The Banking Super App is having advanced features such an intuitive UI & UX having multiple themes an...

Federal Bank appoints M V S Murthy as its first Chief Marketing Officer

8Jul

By cnnotvadminNo Comments

BANK, ENGLISH, NORTH INDIA NEWS

Federal Bank appoints M V S Murthy as its first Chief Marketing Officer

Federal Bank appoints M V S Murthy as its first Chief Marketing Officer July 07,2022, Mumbai: Federal Bank appointed M V S Murthy as its first Chief Marketing Officer. He has been mandated to leverage marketing to help build scale by working on the intersection of Brand Comm u nication, Customer Experience and Technology. The function has a horizontal play across the existing portfolio of customers and pans vertically to strengthen the bank's organic acquisition as well as inorgan ic growth which is powered by its strategic partnerships within the fintech and start-up ecosystem. Prior to being appointed at Federal Bank, M V S was heading – Marke ting, Digital and Corporate Communication at TATA AMC. “We are happy to welcome M V S to Federal family. I am certain his vast ex...

Canara Bank celebrates Rs 1 lakh Crore Gold Loan

3Jul

By cnnotvadminNo Comments

BANK, ENGLISH, KARNATAKKA

Canara Bank celebrates Rs 1 lakh Crore Gold Loan

Canara Bank celebrates Rs 1 lakh Crore Gold Loan Bengaluru, July 2, 2022: Canara Bank is celebrating surpassing of Rs. 1 Lakh Crore under Gold Loan outstanding as on 30.06.2022. During the current fiscal year, Canara Bank has grown 26.19% under Gold Loan as compared t o previous year. This was possible because of the contribution from 435 Canara Bank Gold Loan Plaza Branches. While interacting with media, Mr. Bhavendra Kumar, Chief General Manager, Canara Bank, Head Office, Benga luru expressed that apart from Gold Loan, Canara Bank has achieved double digit growth in all Credit paramete rs including Retail, Housing, MSME, Agricultural & Corporates. He further envisages tremendous demand under Gold Loan in the short term to medium term. About Canara Bank: Widely known for custom...

Federal Bank opens 10 new branches in a single day

1Jul

By cnnotvadminNo Comments

BANK, ENGLISH, NORTH INDIA

Federal Bank opens 10 new branches in a single day

Federal Bank opens 10 new branches in a single day 30th June 2022: The branches were opened at Sundarapuram, Thiruvannamalai, Saidpet, Senur, Alagusenai, Kal pudhur, Su pallipattu, in Tamil Nadu, Visakhapatnam/ Madhurwada in Andhra Pradesh, Sangareddy in Telangana and Mehasana in Gujarat. The Bank intends to open many more new branches in this fiscal year across India. Speaking on the occasion, Nandakumar V, Head of Branch Banking, Federal Bank said, “Opening of 10 branches today at various locations of TN, AP, Telangana and Gujarat is part of footprint expansion of the Bank for the cu rrent year. Further, the Bank is planning to open 15 branches on a single day around 15th August, to commemor ate Azadi ka Amrit Mahotsav. Opening of new branches will continue on an ongoing basis in ...

YES BANK launches Floating Rate Fixed Deposit for domestic customers

23Jun

By cnnotvadminNo Comments

BANK, ENGLISH, TAMILNADU

YES BANK launches Floating Rate Fixed Deposit for domestic customers

YES BANK launches Floating Rate Fixed Deposit for domestic customers One-of-a-kind floating rate fixed deposit product Rate of interest on FD will be linked to the prevailing Repo rate Chennai, June 23, 2022: YES BANK today announced the launch of Floating Rate Fixed Deposit, a novel product offering for all domestic customers. The rate of interest on this fixed deposit (FD) will be linked to the prevailing Repo rate, allowing the customers of the bank to enjoy dynamic returns on their fixed deposits. Floating Rate Fixed Deposit is a unique offering designed to benefit customers by enabling them with an asset class that offers the safety of a fixed deposit along with dynamic returns which are linked to the Repo rates published by the central bank. This floating rate FD can b...