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"HAPPY BIRTHDAY"

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Happy Birthday-13th OCTOBER 2017(FRIDAY)
"HAPPY BIRTHDAY-13TH OCTOBER 2017(FRIDAY) JASWINDER PAL SINGH SENIOR SPL ASSISTANT DON KALAN Jag Bhushan SR. ASST. (BANKING) AMBALA CANTT Jag Bhushan SR. ASST. (BANKING) AMBALA CANTT Om Parkash Sikri DEPUTY MANAGER ISMAILA BALDEV RAJ Addl. Associate 1 HANSLI BRIDGE, BATALA Ramesh Kumar SR. ASST. (BANKING) SME BRANCH, CHANDIGARH VEENA PACHPORE Addl. Associate 1 SEC 35-C, CHANDIGARH Ashok Kumar Goyal DEPUTY MANAGER ZONAL OFFICE HARYANA-GENERAL BANKING Kuldeep Kumar Sharma DEPUTY MANAGER ZONAL OFFICE JAMMU Jaswinder Singh SENIOR SPL ASSISTANT TRIPRI PATIALA Dalbir Singh SR. ASST. (BANKING) UDHAMPUR Ambika Chugh ASSISTANT MANAGER AMBALA CITY Sushma Gupta SR. ASST. (BANKING) CHANDI MANDIR Sushma Gupta SR. ASST. (BANKING) CHANDI MANDIR Parveen Kumar Sharma ASST. GEN. MANAGER NRI JULLUNDER HEM SINGH Addl. Associate 1 KASAULI MANJINDER SINGH RANDHAWA ASSISTANT MANAGER ANAJ MANDI, SIRHIND MANDI ASHUTOSH JAIN Addl. Associate 1 ADB MALERKOTLA DEEP CHAND MANAGER LOHAKA Raj Kumar Bhagat DEPUTY MANAGER BHOGPUR SATISH KUMAR Addl. Associate 1 AMBALA ROAD, ISMAILABAD SATISH KUMAR Addl. Associate 1 AMBALA ROAD, ISMAILABAD MUNISH BALI Addl. Associate 1 BANKING OPERATIONS DEPARTMENT-HEAD OFFICE PATIALA Nitin Soni DEPUTY MANAGER ZONAL OFFICE HARYANA-GENERAL BANKING SANJEEV BHATIA ASSISTANT MANAGER BEESLA Sudhir Kumar DEPUTY MANAGER REWARI Gurupdesh Kaur CUST. ASST. (BANKING) ROPAR PAYAL MEHTA Addl. Associate 1 GHUMAR MANDI, LUDHIANA AMIT RAJ DEPUTY MANAGER HO PATIALA -OUTREACH/FINACIAL INCLUSION DEPTT Nitin Sharma DEPUTY MANAGER(S) ROHRU AMRITA DEEPAK Addl. Associate 2 JALANDHAR ZONAL OFFICE-RO-I JALANDHAR -ADMIN JASWANT SINGH ASSISTANT MANAGER S.A. JAIN COLLEGE, AMBALA CITY Vikas Goyal CUST. ASST. (BANKING) MANSA PANKAJ KUMAR TAMTA DEPUTY MANAGER NOORMAHAL ROAD ,PHILLAUR SIMRANJEET SINGH CUST. ASST. (BANKING) SPECIALISED AGRI COMM BR, PATIALA AVINASH KUMAR Addl. Associate 1 ABLU RIGZIN GURMETH ASSISTANT MANAGER ALSINDI Deepshikha . CLERICAL - ON PROB. MOHALI (S.A.S. NAGAR) Rohit Dutta CUST. ASST. (BANKING) NEAR KHUSHI TRADES, SECTOR-11, PANCHKULA ANKIT . ASST. (BANKING) N.G.M. JIND Rohit Dutta CUST. ASST. (BANKING) NEAR KHUSHI TRADES, SECTOR-11, PANCHKULA ANKIT . ASST. (BANKING) N.G.M. JIND SUNIL KUMAR ASST. (BANKING) GHAGA Sandeep Dhillon ASSISTANT MANAGER AMRITSAR Ram . Kishan CUST. ASST. (BANKING) NAKODAR ROAD, JALANDHAR Amandeep Sharma CLERICAL - ON PROB. NANGAL BHUR *** table>

Saturday, 16 July 2016

GLIMPSE OF DAILY FINANCIAL NEWS- 15th July 2015

The Finance Ministry is  likely to soon clear the  first  round of capital   infusion  in  public sector banks  that  has  been slated for the current financial  year.  The proposal for capital  infusion  is  expected  to  get approval   from   F M  Arun Jaitley shortly,  sources  said, adding that the first tranche is likely to be less than Rs20,000 crore. -Economic Times  

SEBI    barred   banks   from using their own Fixed Deposit Receipts (FDRs) as collateral in their function as trading or clearing   members  of  stock exchanges, directly or through associate entities. -NDTV Profit 

Syndicate Bank  today  said it has  raised  Rs  930  crore  by issuing  Basel  III   compliant bonds."In respect of invitation      pertaining  to series  III, potential  investors   have placed bids for Rs 1,800 crore (1.95 times)  and  the  bank decided to exercise the green shoe  option  and  retain  the total amount of Rs 930 crore and alloted on pro rate basis," it  said  in  a  regulatory filing.-Business Standard 


ICICI Academy aims to train one lakh youth in the country by  2017  as  part  of  its skill development programme and financial inclusion drive. "It is crucial  to  bridge  the  critical gap   between   manpower availability  and  employability by    providing    sustainable livelihood opportunities for all   to  grow  and  prosper.  ICICI Foundation aims to reach the milestone  of  training  over 1 lakh  youth  by  March  2017," ICICI  Bank's  MD  and  CEO  Chanda  Kochhar  said.
-Economic Times 


In  an   effort   to  improve customer  service,  the  RBI  asked  banks  to   exchange  up  to  20  pieces  of  soiled currency   notes   with   a maximum   value   of   ₹5,000 over   the   counter.  free   of charge.   However,   if   the number   of   notes   to   be exchanged is  more  than  20, banks   can   levy   service charge.   The   facility   of exchanging   mutilated   or imperfect notes is available at designated   bank   branches and also non-chest branches.
-Business Line 

Private lender Lakshmi Vilas Bank  is looking to raise Rs 400-500 crore by issuing fresh equity   shares  to  shore  up depleting  capital  and  meet funding  needs  for  the  next two fiscals. 
-Economic Times 

The  proposed  Kerala   Bank,   an ambitious project by Kerala Government, would   function as a full-fledged bank and not a    non-banking   financial   institution,   Kerala's   Chief Minister   Pinarayi   Vijayan informed the state assembly. He   also   said    that    the proposed   bank   has   great potential   in   view   of   the merger of  SBT and SBI. 
-Manorama 

As many as 74 schemes of 17 government  Ministries  have signed   up   for   the   Direct Benefit Transfer scheme, said Finance Minister Arun Jaitley.
-Business Line 

Country's   foreign   exchange reserves   declined   by   USD 1.228 billion to USD 361.943 billion in the week to July 8 due   to  a   fall    in   foreign currency assets, the RBI said today. Last week, the reserves had  surged   by   USD   2.374 billion to USD 363.171 billion.
-Money Control Com 

The   pensions   regulator has announced   a   series  of improvements   in      the National    Pension    System (NPS)    scheme.  to  make it more friendly for subscribers and    others     to    become members. 

On Friday, the Pension Fund Regulatory  and Development Authority (PFRDA) launched a mobile     application     for subscribers and unveiled an Aadhar-based authentication module  for   subscribers   to update   details   and   change scheme  v preferences.   At present both  NPS  and   Atal Pension  Yojana   have   1.29 crore subscribers  with  total asset   under   management (AUM) of 1.34 lakh crore. 
-Economic Times 

The United India Insurance Company is in the initial stage of initiating a public   offer of Rs 1,500 crore. The  bdecision is the first step in   line   with finance minister Arun Jaitley's announcement    while presenting the Union Budget for 2016-17. The board has taken an in-principle decision to list the shares and it has to go through various processes, including fixing a valuation by an external agency and other procedures, said official sources.
-Business Standard 

Reliance Industries     Ltd reported    a    18   per   cent increase in first-quarter profit on higher   margins   from   its core   refining        business.  Consolidated net profit rose to Rs 7,113 crore ($1.1 billion) for the three months to June 30, from Rs 6,024 crore a year earlier, Reliance, controlled by India's richest man Mukesh Ambani, said in a statement.
-NDTV Profit 

LIC Housing Finance has posted a 6.7% rise in net profit for the quarter ended June 30, 2016. The company posted profit after tax of Rs 407.84 crore for Q1 FY16 compared to Rs 382.13 crore posted in same quarter last fiscal.
-Business Standard 

Infosys Ltd reported a 13% jump in its June quarter (Q1) net profit on new   client addition, but cut its annual sales forecast that sent the stock crashing. Consolidated net profit of Rs.3,436 crore in the April-June quarter was 13.4% higher than Rs.3,028 crore in the same period a year ago.
-Live Mint 

Infosys has relaunched its employee stock option plan (ESOP) for junior to middle level management staff as it looks to rein in rising attrition that stood at 21 per cent in the April-June 2016 quarter.
-Business Line 

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