Odisha government department signs MOU with SBI
Posted on 14th October 2017 |
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| The Odisha government’s Directorate of Treasuries and Inspection and the State Bank of India have signed an MOU for integration of SBI e-Pay with cyber treasury. The MoU is a landmark initiative by the state government to facilitate revenue collection from citizens through digital banking platform, an official said. The SBI e-Pay is the payment aggregator service wing of the bank which will facilitate on line payment of government dues by the customers of any public/ private sector banks by using the payment gateway of SBI. Any mode like debit card/ credit card/ mobile banking/ net banking facility provided by approximately 42 partner banks can be used by the users/ payers besides facility of cash deposit at any branch of SBI across the state. All revenue generating departments of the state government can integrate with this Gateway through state treasuries. Right now, industries and revenue department are integrated with this gateway for smooth collection of the state revenue, he said. It will promote hassle free digital transaction and one noble initiative to enhance digital penetration by the state’s finance department and SBI, Bhubaneswar Circle, he said. The MoU has been signed by Bhabani Prasad Nanda, Director, Treasuries & Inspection and Goutam Roy, DGM, SBI on behalf of Odisha government and SBI respectively. |
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BSNL recharge of Rs 19 launched; the plan offers cheap voice calls for 54 days
Posted on 19th July 2018 |
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In a bid to lure more customers and curb the onslaught by Reliance Jio, BSNL has now introduced a new recharge plan for its prepaid customers. The new BSNL STV 19 is suited for the users who make calls more than accessing data services. The BSNL STV 19 worth Rs 19 offers calls at slashed tariffs for a validity of 54 days. |
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Volvo Cars targets sales record, facing down trade worries
Posted on 19th July 2018 |
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Volvo Cars , whose Chinese parent Geely is considering an IPO of the Swedish carmaker, said it was on track for another sales record despite rising trade tensions, after second-quarter profit rose on strong demand for its SUVs. |
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Suzuki Motorcycle India eyes 40% sales growth to 700,000 units in FY19
Posted on 19th July 2018 |
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Suzuki Motorcycle India is looking to sell 700,000 units in the country in the current financial year, a growth of 40 per cent over the 500,000 units it sold during 2017-18. The company, which on Thursday launched a new 125-cc scooter, the Burgman Street that is priced at Rs 68,000 (ex-showroom), also plans to expand its sales network by around 200 touch points this financial year as part of its mid-term goal of achieving 1 million unit sales by 2020. |
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Kotak Mahindra Bank consolidated Q1 net up 17% to Rs 15.74 bn
Posted on 19th July 2018 |
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Private lender Kotak Mahindra Bank reported a 17 per cent rise in its first-quarter consolidated net profit, while asset quality improved in the bank. Profit after tax on a consolidated level rose to Rs 15.74 billion for the quarter ended June 2018, from Rs 13.47 billion in the year-ago period. |
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SEBI ORDERS ATTACHMENT OF BANK, DEMAT AC/S OF EXELON INFRA, 3 DIRECTORS
Posted on 19th July 2018 |
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Markets regulator Sebi has ordered the attachment of bank and demat accounts as well as mutual fund holdings of Exelon Infrastructure and its three directors to recover dues of over Rs 46 lakh. In four separate but similarly worded orders dated July 12, the regulator said the four entities have not made payment of the dues within the stipulated time and there is sufficient reason to believe that they may dispose of the proceeds and securities in the respective bank and demat accounts. |
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