Page 26 - Banking Finance AUGUST 2015

PRESS RELEASE

United Bank of India Alternate Delivery Channel Department,
Head Office

United Bank's RuPay International chip debit card was launched
by Sri P. Srinivas, MD & CEO in presence Mr. Sanjay Arya, ED and
Mr. Sanjay Saxena, CFO, NPCI. With this, United Bank joins the
group of few selected to have rolled out this card. As per RBI
directives, all banks are to issue only chip based debit cards wef
Sep 01, 2015. United Bank has now chip based debit cards on
both RuPay and VISA.

The RuPay International debit card is having higher daily limits
(Rs.50,000/- from ATMs/POS & on-line purchase). The Bank is also
planning to launch 'Platinum' debit card for HNI customers with
additional offer on payments including airport lounge access.

The chairman of "National Commission for Safai Karmacharis,
Govt.of India" visits Vijaya Bank

The chairman of "National Commission for Safai Karmacharis, Govt.of
India", Shri. M.Shivanna, visited Vijaya Bank Head Office to review the
implementation of reservation policy and other constitutional
safeguards provided for safai karmacharis. He has expressed his
satisfaction on the welfare measures undertaken by Vijaya Bank for
welfare of safai karmacharis and appreciated all concerned.

The said meeting was attended by Shri. K.R. Shenoy, Executive Director
of bank, Shri. A C Swain, General Manager - Personnel, Smt.
Manimekhalai A, General Manager - CID & Chief Liaison Officer SC/ST,
Shri. Sudarsan S A - Chief Liaison Officer OBC and representatives from
various unions/associations.

Vijaya Bank handed over dividend
cheque to Hon'ble Union Finance

Minister

Vijaya Bank, a Prime Nationalized Bank handed over Dividend
cheque (replica) to Hon'ble Union Finance Minister Sri Arun Jately
at his office in Delhi.

Managing Director and CEO of Vijaya Bank Sri Kishore Shansi and
the Executive Director of Bank Sri B.S Rama Rao met the Hon'ble
Union Finance Minister and handed over the Dividend cheque
amounting Rs. 95.44 crore to him for the Financial year 2014-15.

Oriental Bank Launches Schemes for financing to MSME Clients

Oriental Bank of Commerce launche a new MSME (Micro, Small & Medium Enterprises) schemes for financing to MSME
clients for speedy and hassle free financing. These schemes are designed to meet the financing requirements of different
MSME Sectors and come with attractive features and attractive rate of interest.

Further, waiver of processing fee from 50% to 100% is available on financing under these schemes.

26 | 2015 | AUGUST | BANKING FINANCE