It's about Business in Kerala!
Kochi: Kerala based Federal Bank has partnered with Oman UAE Exchange for FLASHremit, a real-time account credit facility. The partnership enables the non-resident Indian (NRI) customers residing in Oman to transfer money directly to their beneficiary having account with Federal Bank in India.
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Kochi: Hyundai Motor India Ltd (HMIL) today signed a Preferred Financier Agreement with Federal Bank to enable dealers of Hyundai vehicles to avail of inventory funding services from any of the 1,200 plus branches of Federal Bank across India.
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Trivandrum: Federal Bank has launched Payment Gateway facility for KSEB consumer bill payment. This facility enables KSEB consumers to make Bill payments online at ease. Using this facility, KSEB consumers having account with any Bank can pay their periodic electricity bills online using Debit card, Credit card and Net banking. The service is available to customers 24×7.
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Trivandrum: Industry representatives across various sectors in Kerala have welcomed the Union Budget presented by Finance Minister, Shri Arun Jaitley in Parliament today, and termed it as positive with lot of opportunities for the State.
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These are the major highlights of the Union Budget presented by Finance Minister, Shri Arun Jaitley in Parliament today, for the financial year 2016 – 2017. General provisions: 1. Foreign Exchange reserve at 350 Bn USD is the highest in 3 years. 2. Plan Expenditure increased instead of the normal practice of reducing it. 3. CPI inflation has come down to 5.4%. 4. Indian GDP has accelerated to 7.6% now. 5. FY 16 Current account deficit at 1.4% of the GDP.
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