Wednesday, July 23, 2014

Bank Specific

SBI signs MOU with RML Information Services to provide mobile-based cheap agri updates

State Bank of India has signed a Memorandum of Understanding (MOU) with RML Information Services, provider of Reuters Market Light, under which its customers can avail agricultural updates and information on farm sector developments at a nominal cost. The information will be delivered in SMS form in nine languages and will include updates on weather, input prices, crop diseases, government schemes/initiatives and market prices of produce.

RBI, Monetary Authority of Hong Kong ink MoU for info exchange

The Reserve Bank of India has signed a Memorandum of Understanding (MoU) for supervisory cooperation and exchange of supervisory information with the Monetary Authority, Hong Kong. With this, the Reserve Bank has signed MoUs with 21 supervisors and one letter for supervisory co-operation.

HDFC Securities launches 'E-Will' Writing Service

Brokerage firm HDFC Securities has launched 'e-Will' writing service which enables users to prepare a will online. HDFC Securities, a subsidiary of HDFC Bank, has collaborated with a partner Legal Jini to offer this service.

According to HDFC Securities Managing Director Aseem Dhru, this is the first of its kind in India and this service enables individuals to easily draw up a tenable Will online with help from a legal firm.


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