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Ruma Dey appointed as Chief General Manager of State Bank of India 

Ruma Dey has been appointed as the new Chief General Manager (CGM) of SBI replacing Ranjan Kumar Mishra. He retired from bank services in September. Before taking charge in the Kolkata branch, Ruma Dey was chief general manager of Bhubaneswar circle and general manager at Kerala. She joined the bank as a probationary officer in 1990 and has experience in different sectors of Banking viz. Human Resource, Agricultural banking, Credit and Risk Management, International Banking etc. 

Federal Bank collabs with Equirus Wealth to launch Digital Investment platform via Mobile Banking 

Federal Bank introduces investment platform in its mobile banking  app ‘Fed mobile’ with better wealth management facilities. In this platform, users can open investment account in less than two minutes and can instantly start using it. Customers can set up Systematic Investment Plan (SIP) along with a range of mutual funds.

ShaliniWarrier, Executive Director and Business Head – Retail said, “The addition of Wealth Management solutions to our Mobile Banking app is yet another manifestation of our mantra of: Digital at the fore, human at the core”. Ajay Garg, Managing Director of Equirus Group said, “We believe that this shall enable customers with a one-stop solution for all their financial needs”. 

Canara bank launches Canara Bank Retail Utsav

Canara Bank launches its Retail Utsav campaign with exciting offers for customers who are looking to buy home or car. Some of the benefits include Waiver of Processing Charges during the festival Season, Waiver of documentation charges, Competitive Credit Score, No Pre-payment penalty etc. The bank has also launched a QR code model, scanning which customers can easily apply for loans like home loan, car loan, education loan, gold loan and personal loan. 

Bank of Baroda reduces Home Loan rates to 6.5% 

India’s premium public sector bank, Bank of Baroda reduces 25bps in its home loan rates. The new rate changes from 6.75% to 6.50%. Customers can avail this rate from October 7, 2021 to December 31, 2021. The new rates will be applicable for consumers opting for fresh loan, loan transfer or looking for refinancing their existing loans. H T Solanki, GM- Mortgages and Other retail assets, Bank of Baroda said “Bank always tries to offer the most competitive rates of interest on home loan and other retail loan products while making the process seamless and hassle-free through our digital platforms and our dedicated teams. With this reduced rate of interest, Bank of Baroda home loans are now offering the most competitive rates across categories for a limited period.” 

Suresh Bose appointed as the Chief Human Resource Officer of Jindal Stainless 

Suresh Bose was recently appointed as the Chief Human Resource Officer (CHRO) of Jindal stainless and he will be further responsible for formulating people strategy, talent management and future growth. On this appointment, Abhyuday Jindal, Managing Director of Jindal Stainless said, “We want to attract, hire, and retain the best talent in the industry. Given his vast experience in all facets of human resources, I am confident that Suresh is a good fit.” Suresh Bose said, “I am delighted to be joining India’s largest stainless steel manufacturing company. I look forward to propelling this growth through a highly engaged workforce, a transformative work culture, and progressive future-oriented policies.” 

The Body Shop introduces Gift Baskets 

Keeping in mind the festive season and the culture of gifting each other, the Body Shop has recently introduced gift baskets that can complement sweet boxes and dry fruit bouquets. It contains ingredients like British Rose, Almond Milk, Strawberry, Shea Butter, Tea Tree and many more. The price ranges from `645 onwards, and the products are available in the website of Body Shop and in all outlets pan India.  

S L Jain inaugurates customer outreach programme of Indian Bank at Ludhiana 

S L Jain, MD and CEO of Indian Bank visited Kalsi Nagar Branch, Ludhiana to flag the event. This programme was formulated by Ministry of Finance, Government of India to cover schemes like MSME, Retail, Agriculture, MUDRA etc. S L Jain handed over sanction letter to many customers and also encouraged the importance of Digital Banking mediums like UPI, BHIM, and Internet banking etc., especially in the Covid period. Honorable guests like Ashok Patnaik, Field General Manager, Indian Bank, Chandigarh, Joginder Sandhu, Zonal Manager Ludhiana and Daya Shankar, Assistant General Manager and Branch Manager of Kalsi Nagar were also present in the event.