Page 27 - BANKING FINANCE JULY 2016

PRESS RELEASE

United Bank of India observed Grahak Divas across all its branches

United Bank of India observed Grahak Divas at its 2000 plus branches across the country on 15th June 2016.The purpose
of the meet was to develop better customer understanding and enhance customer awareness about the various products/
services offered by the Bank. The meet was attended by large number of customers.

A presentation on the various products/services and the latest developments in the Bank was made before the customers.
Customers interacted with the branch officials and gave their feedback and suggestions. They expressed their satisfaction
at regular observance of Customer Meet in the branches.

Bank of Maharashtra ahead in Women empowerment finance

Bank of Maharashtra has disbursed Rs. 57 Crore to 4295 Self Help Groups in the last financial year and stood number one
in women empowerment in the state of Maharashtra, as informed by the Joint Secretary of Ministry of Rural Development,
GoI.

In the financial year 2015-16 at national scenario, total of 12.87 lakh SHGs have been benefited by disbursement of Rs.
30,429 Cr and this indicates an increase of 42% (Y-o-Y) growth shown by all Banks.

Bank of Maharashtra, amongst all other Banks has done remarkable performance and the highest number of credit
linkage of SHGs happened in the state of Maharashtra where 3490 SHGs were disbursed credit amounting Rs 40 Crore.
The Bank has played pivotal role in extending credit and other financial services to women SHGs.

The Rural development department of Government of India has appreciated the Banks strong commitment towards
financial inclusion of poor and empowerment of women. The Ministry has congratulated the Bank for this achievement.

Bank of Maharashtra and SBI Cards renewed Agreement for Credit Card

Bank of Maharashtra, the Pune based Public Sector Bank departmental stores and international spends that
and SBI Cards (SBI Cards and Payments Services Pvt Ltd) amount to 2.5% value back.
India's leading credit card issuer, renewed the agreement
for co-branded credit card product, under the name of The ability to redeem reward points against
BOM-SBI Credit Card for the customers of Bank of outstanding credit card bills, in addition to redemption
Maharashtra. against a wide array of gifts.

The Agreement was renewed at a function held in the Head 0% fuel charge between Rs.500 to Rs.4000
office of the Bank at Pune at the hands of Shri. Rajkiran
Bhoir, General Manager, Resource Planning, Bank of Gold Card & More:
Maharashtra and Shri Tarun Sharma, Vice President of SBI
Cards. This product offers the following to the customers:

The BOM-SBI Credit Card is available in two variants, 1 cash point for Rs 100
Platinum and Gold cards, offering distinct and exclusive
benefits for Bank of Maharashtra customers. 2.5% value back on purchases made at Dining,
Departmental store, International spends through
accelerated cash points

Platinum Card: Speaking on the occasion, Shri Rajkiran Bhoir said that till
date bank has issued over 42000 credit cards. The SBI Bank
The SBI Bank of Maharashtra Platinum Card, is a new of Maharashtra Card gives us a unique opportunity to
premium offering card targeted at high income, high provide unmatched value to its ever-increasing customer
spending customers who seek a differentiated and relevant base with an assurance of convenience, comfort and
value proposition. The platinum card offers a unique credibility. Bank is ambitious for crossing 50000 card marks
bouquet of benefits, which includes : this year.
2 cash points for every Rs.100/- spent on dining,

BANKING FINANCE | JULY | 2016 | 27

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