Page 26 - Banking Finance October 2019

PRESS RELEASE

Observance of Hindi Day in United Bank Of India,

Head Office, Kolkata

Hindi Day was observed at Head Office of United Bank Of India.
The programme was presided over by the MD & CEO of the Bank
Sri Ashok Kumar Pradhan. Present amongst others on the dias were
Sri Sanjay Kumar-ED, Sri Ajit Kumar Das-ED, CVO of the Bank Sri
Denesh Kumar Namdev & Sri Rajesh Kumar Arora-GM (Rajbhasha).
All General Managers, Dy. General Managers, Asstt. General
Managers, all Departmental Heads of the Bank were present on
the occasion. The programme was started with lighting of
MANGALDEEP by the Executives of the Bank followed by recitation
of Sri Ganesh Vandana by Smt.Tanima Bhattacharya.
The MD & CEO Sri A. K. Pradhan, in his deliberation, made an open
appeal to use Hindi in all the day to day Official work and
correspondence as well. He told that Hindi and the Regional languages have immense effect in marketing of banking
products, mobilization of deposit. He reiterated that every one of the staff members must exploit this to the utmost
extant. The Brand Image of the Bank can be improved with use of Hindi. We can easily connect with our customers
regarding our different Banking activities through Hindi and regional languages.
Sri Sanjay Kumar-ED, in his message told that India is a multi lingual nation and Hindi is established as a link language
amongst various languages of the country. We can easily communicate to customers regarding our different banking
products through Hindi or Regional languages.

Sri Ajit Kumar Das, ED of the Bank added that Hindi include words and terminologies from almost all the languages of
our country and by virtue of this it is widely spoken and understood. Hindi has played a vital role in financial inclusion-
campaign. Sri Denesh Kumar Namdev, Chief Vigilance Officer in his speech emphasized upon the use of Hindi, especially
in the context of National Integration.

General Manager (Rajbhasha) Sri Rajesh Kumar Arora requested all the members of staff from the dias to use Hindi to
a maximum extant to improve each business portfolio of the Bank. The competition of self composed poem's recitation
by the personnel of Head Office was an important item of the said function. The programme was concluded with vote of
thanks by DGM (Rajbhasha) Sri D. P. Singh followed by recitation of National Anthem. The programme was anchored by
S.K.P.Singh, Chief Manager (Rajbhasha).
Dr. M. Ravi Kanth, CMD, HUDCO, planted saplings to launch a tree plantation drive, as part of a series of events planned
to mark the 150 th birth anniversary of Mahatma Gandhi under the Swachh Bharat Mission. On the occasion, a mass
awareness campaign rally was also organized by HUDCO.

NSE Clearing Ltd Empanels Federal Bank for Accepting e-FDRs

NSE Clearing Limited has impaneled Federal Bank for submitting Fixed Deposit Receipts in electronic form (e-FDRs) as
collateral to clearing/trading members. This move is a significant step in the digitization journey of The government and
the Bank is proud to be associated with NSE Clearing Limited on this. Further, the use of e-FDRs will eliminate risks
arising from loss of physical certificates or fraudulent certificates. This facility is available at all branches of Federal Bank.
Trading members can avail this facility quite easily by placing requests at branches of the Federal Bank.
Commenting on this initiative, Mr. Radhakrishnan K, Senior Vice President & Country Head -Retail Liabilities said, “Federal
Bank is a pioneer in providing digital capabilities in the country and the introduction of e-FDR is one further step in this
direction. We are sure that trading members will find this an easy and convenient way to place deposits required by NSE
Clearing Ltd.”

26 | 2019 | OCTOBER | BANKING FINANCE