Page 28 - BANKING FINANCE November 2018

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ni e ank o n ia e o e e ir ank ro e a ern

Re ion o laun S on a le C De i Car
nited ank o ndia a leading u lic Sector ank in ndia strengthens its oothold in contactless technolog ith the
launch o contactless De it Card on the
S a a e lat or on th cto er
he ank has alread launched the
contactless C technolog De it Card on
the Mastercard lat or
n an e ent at anks head o ice the card
as un eiled Sri shok u ar radhan
MD C nited ank o ndia Sri Sanja
u ar Sri jit u ar Das ecuti e
Directors nited ank o ndia Sri Daljit
Singh Senior Director S Ms ineeta
gar al Director S in the resence o
senior ank o icials
aunching the card Shri shok u ar
radhan Managing Director C said
that the ank s ocus has een to utili e the latest technolog and inno ations like the C technolog or custo er
con enience and sa et his has gi en the ank a co etiti e ad antage and the ank ill e leading the a to ards
greater ado tion o this technolog
Sri Sanja u ar ecuti e Director reiterated the need to ha e all a aila le Digital Channel roducts in the ank to
eet the de ands o the custo ers Sri u ar e hasi ed that eeting the e ectation o the custo ers is the ri e
o jecti e o the ank and the custo ers o the ank ill e ser ed ith the latest digital roducts or all o their anking
re uire ents Sri jit u ar Das ecuti e Director said that technolog dri en roducts gi es an ease o o eration
and reduces the o erall transaction ti e and ser es as the ri e attraction or retention and addition o oung eo le
in the ank s clientele
n his elco e address Sri auri rasad Sar a eneral Manager DC in or ed that Contactless C cards
co es ith added con enience o ta and go eature or s all ticket si e transactions u to Rs and thus reduces
the risk o custo ers getting co ro ised at erchant locations Sri Daljit Singh Senior Director S a reciated
the e orts o the ank and in or ed that a i u nu er o contactless card ased transactions in the countr are
eing originated ro olkata hich indicates the higher le el o readiness ro erchant end and a areness ro
custo er end to use this cutting edge technolog ased roduct he e ent as concluded ote o hanks ro Sri
tish u ar Rout De ut eneral Manager lternate Deli er Channels

R lak rore loan o o e un er n ol en an ankru Co e
s uch as Rs lakh crore orth o loans ight co e in or resolution under the nsol enc and ankru tc Code
C ccording to R s circular released on e ruar o er restructuring ad loans had andated anks to take
loan accounts hich re ain unresol ed or o er da s to the ational Co an a ri unal C under the
C he R has not ro ided an rela ation on the e ruar circular des ite su issions ro the go ern ent
and industr hile anks ha e orked on resolution in so e cases in the inter ening eriod a large nu er o cases
still needs to e ushed to the C a senior anker told

28 | 2018 | NOVEMBER | B N N N N E