SIDBI in association with Government of Nagaland shall set-up Swavalamban Connect Kendra’s (SCKs) in 16 districts of Nagaland to lead the change in the entrepreneurial ecosystem of Nagaland. With a steadfast commitment to nurturing local talent and promoting economic growth, these interventions shall be significant milestones in SIDBI’s effort to …
Read More »News
Palm oil continues to be a major driver of deforestation
Dr. Seema Javed With an aim to increase the oil palm and boost the Crude Palm Oil production to 11.20 lakh tonnes by 2025-26, the Government of India launched National Mission for Edible Oils- Oil Palm in August 2021. In addition to the marked growth in production of edible oils, …
Read More »Bank of Baroda announces Financial Results for the Quarter ended 31st December 2023
BOB reports a robust growth of 38.2% in its 9MFY24 Net Profit to INR 12,902 crore Key Highlights • Global Business grew by 10.7% to reach INR 22,94,627 crore as of 31st December 2023 • Net Profit for Q3FY24 stands at INR 4,579 crore, growth of 18.8% YoY. • Return …
Read More »Republic Day: Tiranga unfurled in Space by kids
Jubilee Special Desk This Republic Day, kids led an ambitious mission to unfurl India’s Flag in Space. This historic event was led by the kid space engineers of Kalam Labs – India’s Kids Space Organization Bollywood superstar, Hrithik Roshan supported the event and encouraged everyone to tune in live for …
Read More »Union Bank of India wins “STAR PERFORMER-RANK 1” Award
January . Union Bank of India was awarded “STAR PERFORMER-RANK 1” in NPS The Game Changer Campaign organized by Pension Fund Regulatory and Development Authority (PFRDA), Ministry of Finance across all financial institutions for the period from November 20, 2023 to December 30, 2023. The felicitation ceremony was presided by …
Read More »Union Bank Of India Registered 60 Percent Rise In Net Profit In Q3 Of FY 2024
Lucknow. The Board of Directors of Union Bank of India on Saturday approved the accounts of the Bank for the Quarter ended December 31, 2023. The bank has shown strong financial performance in third quarter of financial year of 2024. As per the results the net Profit of the Bank …
Read More »Greening Ayodhya through EV Access
Sweetening Ayodhya through GI Tag Laddus · Development coupled with strengthening the financial ecosystem for electric vehicles has been the essence of SIDBI’s panchtatva green strategies. 50KEV4ECO has been a combination of bottom up and supporting innovative models i.e. embedding inclusivity with innovation and impact. SIDBI EV initiatives are geared …
Read More »Union Bank of India Conferred with Global Banking and Finance Awards, 2023
Union Bank of India has been bestowed with Global Banking and Finance Awards 2023 for Excellence in Innovation under the following categories Voice Banking Implementation 2023: for Union Voice Assistant (UVA) WhatsApp Banking feature India 2023: for UVConn Virtual Banking India 2023 The awards program reflects the innovation, achievement, strategy, …
Read More »REC Limited & Bank of Baroda sign MoU to finance Power, Infrastructure and Logistics Projects
January . REC Limited, a Maharatna CPSE under the Ministry of Power, Govt. of India, signed a Memorandum of Understanding (MoU) with Bank of Baroda, one of India’s leading public sector banks, today. This agreement will facilitate joint sanctions of loans to fund power, infrastructure and logistics projects in the …
Read More »Artificial Intelligence ( AI) is being widely used in Climate Change Research
Dr. Seema Javed Recently it was widely published that our planet earth will cross the global warming threshold of 1.5 degrees Celsius within 10 to 15 years. Even with low emissions, we could see 2 C of warming. But a future with less warming remains within reach. Artificial intelligence …
Read More »