United Bank Of India Enters Into An Agreement With Global Bank, Nepal (09-Feb-2012)
United Bank of India has entered into an agreement with Nepal based Global Bank on February 8, 2012 in Kolkata. The bank has entered into an agreement with an aim to enhance its reach beyond the borders of the country and to offer a unique and hassle free Indo-Nepal remittance facility to the large segment of people of Nepalese origin working in India.
Under the agreement, a person of Nepalese origin can remit funds in Indian Rupees within the limits stipulated by the RBI to a beneficiary in Nepal through any of the designated branches of United Bank of India after completing necessary KYC requirements for both remitter and as well as beneficiary. The remitter will be provided with a Unique PIN, which will then be communicated by the remitter to the beneficiary in Nepal. The beneficiary in Nepal can claim the funds within seven days in Nepalese Rupees by producing the PIN along with the Photo ID as provided by the remitter at any of the 31 branches of Global Bank in Nepal or the 1741 Claim Outlets of the International Money Express.
With this, United Bank of India has become the third bank in India and the first in the Eastern region which has been permitted by the Reserve Bank of India to offer customised Indo-Nepal remittance services.
Global Bank, established in January 2007, is one of the leading commercial banks in Nepal with headquarters in Kathmandu and having a network of 31 branches and 35 ATMs.
United Bank of India has emerged as a strong and efficient banking organisation over the years and plays an integral role in the socio-economic development of the Eastern and North-Eastern States of the country.
Top News Today
 National Thermal Power Corporation (NTPC) will be signing the fuel supply agreements' (FSA) with Coal India for 4,300 megawatts on 2009 terms. In these FSAs companies have change trigger level, which has
 After cellular market leader Bharti Airtel launched its 4G services, now Reliance Industries is reportedly gearing up to launch the services soon and has accordingly partnered with Himachal Futuristic
 Wipro's IT, consulting and outsourcing business Wipro Technologies is likely to introduce India Gateway internship programme for UK university students in July 2012. This internship program consists of
|
International Stock News
 US markets got a good bounce back on Monday with all major indices gaining more than 1%, it was one of the best session of the month. There was some M&A activity along with report that Chinese government
 US markets declined further on Friday, making it the worst week for the markets in 2012, as the most awaited Facebook (FB) IPO was only able to muster a slight gain in its public debut, while the eurozone
 Thursday proved another bad day for the US markets with major indices losing over one to two percent as eurozone debt contagion worries continued, coupled with disappointing economy news. A read on manufacturing
|
|
Recent Corporate-World News
|
|