Indian Bank Launches an exclusive credit facility for Start-ups IND Spring Board”Indian Bank today

 Indian Bank Launches an exclusive credit facility for Start-ups – “IND Spring Board”Indian Bank today launched “IND Spring Board”, an initiative for funding Start-ups.This is in collaboration with the IIT, Madras Incubation Cell (IITMIC) Shri K Ananth Krishnan , EVP & CTO , Tata Consultancy Services launched the product in the presenceof  Shri Debasish Panda (IAS), Secretary,  Financial Services, MOF, GOI.Speaking on the occasion, Ms.Padmaja Chunduru, MD & CEO said that “it is a known fact that Banks find it difficult to fund start ups , as they do notThe business models involving high technology, the lack of visibility of cash flows, credit history, the high burn rate, the high failure rate among start-ups make the process ofResultantly, this segment has been almost completely funded by Seed Capital, or Private Equity from India / abroad.Both the GOI and RBI have been constantly bringing in enablers to help this ecosystem.Indian Bank stepped in to bridge this gap in funding for start ups through this collaboration with

 IITMIC.Under the MOU, IITMIC will refer start ups with proven technology and established cash flows to the bank and also extend advisory to bank on the business model.The Bank will extend loans of up to Rs.50 crores to these start ups for their working capital requirements or purchase of machinery, equipment etc.As the name goes, this initiative, we believe will be the spring board for start ups to realise their ambitions.We see this collaboration as a perfect fit both for the Bank and IITMIC.She also recalled that Bank has recently launched “MSME Prerana” programme to empower MSME entrepreneurs through skill development and capacity building workshops in local languages.Shri Debasish Panda (IAS), Secretary, Financial Services, MOF complimented MD & CEO and 

Indian Bank Team for effecting the seamless amalgamation of Allahabad Bank into Indian Bank.He said that lot of initiatives have been taken by Indian Bank premerger and also post merger.He congratulated Indian Bank for launching IND Spring the new model for financing start-ups, which will be a game changer in Banking Industry.In his address, Dr.Ashok Jhunjhunwala, Co- Chairman, IIT Madras-Incubation Cell praised the efforts taken by the Indian Bank Team in finalising the agreement/MOU very quickly.For start-ups working capital is a bottle neck, since they don’t have collateral and the entrepreneurs are also not in a position to provide personal guarantee.By launching  “IND Spring Board” , Indian Bank has proved that it certainly cares for these entrepreneurs.This is a proud moment for the whole country.While launching IND Spring Board, Shri K Ananth Krishnan, EVP and CTO, TCS lauded the initiative of

 Indian Bank and said that Start ups have the advantage of credit facilityAt present, we are in 4th Industrial Revolution with various technologies emerging.Some of the most valued companies in the world are from the start up category.TCS also works through Co-Innovation (COIN) with start ups across the globe.The e- launch was attended by Board of Directors of Indian Bank, customers of the Bank and representatives from print & electronic media.K Ramachandran  also participated along with FGMs, GMs and other Executives of the Bank.FGM Chennai, Shri K Chandra Reddy distributed sanction tickets to two entrepreneurs on this occasion.  Ms. Padmaja Chunduru, MD & CEO, Indian Bank along with Executive Directors Shri.K Ramachandran at the launch of Ind Spring Board

Aishwarya Rajesh’s Boomika

 When 2 massive brands area unit concerned in an exceedingly film, it instantly becomes an excellent supply of attraction. Such is that the case of ‘Boomika’ major Aishwarya Rajesh within the lead role, created by Stone Bench Films and fervour Studios. With the film’s title look disclosed recently, the streams of unending curiosities are tremendously immense. The powerhouse entertainer Jayam Ravi has disclosed the primary look of Boomika, that appearance appealing with substantial depth in it.  

Director Rathindran R Prasad says, “We as a team area unit glad to Jayam Ravi sir for his kind gesture of emotional the primary look. As before long as we have a tendency to planned to launch the primary look, we have a tendency to urgently desired that somebody sort of a powerhouse entertainer would be good. it's inspiriting that he like a shot in agreement to our request on launching the primary look.” moreover, Rathindran R Prasad adds, “Boomika are going to be associate degree intense heroic tale laced with stunning twists. Personally, i'm much happy to envision the mesmeric performance of Aishwarya Rajesh, United Nations agency has been energetic and sky-high concerned within the project, right from the start. there have been several adverse climatical things whereas shooting the moving picture across Nilgiris, however her specialise in process perfection in each shot has nurtured the film to a bigger magnitude. i'm assured that audiences can witness it by themselves and can positively appreciate her proficiency and dedication. Stone Bench Films has become associate degree emblem of churning out commendable films. to induce a chance to be a region of a project created by them is exciting. Hopefully, we have a tendency to as a team have given our greatest into it, and that i am positive that the Midas-touch of this prestigious production house the film can attractiveness to all or any. 

Director Rathindran R Prasad became the cynosure of business with positive word of mouth spreading concerning his potency as a director with yet-to-release “Idhu Vedhalam Sollum Kathai’. On the opposite hand, Boomika includes a tight star-cast together with Paval Navageethan, United Nations agency is known for performing arts promising roles. Besides, there area unit a bunch of newcomers within the film, United Nations agency have exhibited their best in their several roles. The visuals by cameraman Roberto Zazzara area unit assured to be the icing on the cake. considerably, it's not only for the visual magic of this cameraman, however his brilliance in capturing the shots despite challenges of lighting and climatical problems. 

Producer Kaarthekeyan Santhanam says, “On behalf of Stone Bench Productions and fervour Studios, I convey Jayam Ravi sir for emotional the primary look of our film ‘Boomika’ because it adds further mileage. The positive response we have a tendency to found for the film’s title look created U.S.A. happy and at an equivalent time, created it compelling for U.S.A. to deliver the primary look on a promising note. additional thereto is Aishwarya Rajesh’s career graph that has been on the upswing and he or she has become a bankable star for everybody within the trade circle. Keeping of these factors in mind, we have a tendency to determined to own the primary look conferred utterly. because of the experience of director Rathindran and his team for a motivating job. Now, we have a tendency to can’t wait to bring the visual promos together with teaser and trailer and can before long build a political candidate announcement this.” 

The technical crew contains Italia primarily based Roberto Zazzara (Cinematographer), Prithvi Chandrasekhar (Music), Anand Geraldin (Editor), Don Ashok (Stunt), Mohan (Art), Raja Krishnan mister (Sound Mix), synchronise Cinema (Sound Design), Thomas Kurian (Sync Sound Recordist), Manu Ananth & Shaaz Ahmed (Murals & second Animations), Balaji Gopal (Colorist), Jayalakshmi Sundaresan (Costumer), Vinod Sukumaran & Ram baboo (Makeup), iGene (VFX), Deva Sathya (VFX Advisor), Suresh Chandra & Rekha (PRO), Venky (Publicity Designs), D Ramesh Kuchirayar (Production Controller), Senthil Murugan (Marketing Head), Pavan Narendra (Associate Producer), M Ashok Narayanan (Executive Producer), Kal Raman, S. Somasegar, Kalyan Subramaniam (Co-Producers).

Kaarthekeyen Santhanam, Sudhan Sundaram and Jayaraman area unit manufacturing Boomika for Stone Bench Productions and fervour Studios, and Karthik Subbaraj is presenting it.

Actor Vijay Sethuapthi launches Tender Springz Coconut Water new age nutrition- rich cold drink by Sowkea Agro

 Innovatively Shaped, 100% Natural, Pollachi Tender Coconuts in Easy-to-Consume, Chilled Format with More Water and More Shelf Life

Sowkea Agro launched Tender Springz Coconut water on 18th October 2020.  These innovatively shaped, 100 % natural coconuts are harvested from the best coconut groves in Pollachi. They are then hygienically dehusked, shaped and packed innovatively to provide consistent quality that Sowkea Agro is known for. Tender Springz is a new age nutrition- rich cold drink. The innovative packing with an easy to open pull-press plunger on top allows for very easy and hygienic consumption. 

The product is stored and retailed in easy-to-operate, touch screen interface enabled IoT vending machines. Apart from the loT vending machine, they will also be available on the Sowkea Doorstep Daily app, Sowkea Agro Fresh stores, modern retail outlets, general stores and branded fuel vending chains.

Tender Springz coconut water can be stored in a refrigerator for up to 20 days and in regular room temperature for a maximum of 2 days and at convenience stores, they are refrigerated at a temperature between 5 -15°C to allow for easy storage and consumption. 

Tender Springz coconut water is delicious and comes with a host of benefits. From rehydrating the body, to removal of unwanted cholesterol, support in weight loss and also aids in controlling renal disorders. Tender Springz, the new age cold drink can be served to patients as well as elders in the family as it comes with a host of nutritional benefits. 

Tender Springz Tender Coconuts launch closely follows last year’s successful launch of Halo Tender Coconuts.  The brand also retails Grated Coconut, Pure Cow’s Milk and a range of Cold Pressed Cooking Oils too.

INDIAN BANK CONDUCTS PAN-INDIA CAMPAIGN FOR HOME LOANS AND VEHICLE LOANS

 Indian Bank has launched Festival Bonanza for Home Loans and Vehicle Loans upto 31st January 2021 with attractive rate of interest and concessions in processing charges and concession in Interest rate for women borrowers.

To give a thrust to retail loans during the upcoming festival season, Bank is conducting Home Loan and Vehicle Loan Campaigns across the country. Indian Bank Asanzol, Bhubaneshwar, Chandigarh, Delhi Central, Gaya, Guwahati, Jabalpur, Kolkata – I, Kolkata – II, Raipur, Siliguri, Amaravati, Bengaluru, Chennai North, Chennai South, Salem, Tiruvannamalai, Tirunelveli and Vellore Zones conducted Home Loan and Vehicle Loan Campaigns.

 

Seen in the Picture Zonal Manager, Jabalpur, Mr. Ch.V.R.Rao distributing the Home Loan sanction ticket to the customer 

Indian Bank signs MoU with Ministry of Housing & Urban Affairs,

Indian Bank signs MoU with Ministry of Housing & Urban Affairs, Government of Asian nation and SIDBI to pay out Interest grant and money back incentive to PM SVANidhi beneficiaries Accounts.Indian Bank these days signed note of Understanding with Ministry of Housing and concrete Affairs (MoHUA), Govt of {india|India|Republic of Asian nation|Bharat|Asian country|Asian nation} and little Industries Development Bank ofIndia (SIDBI) for payment of grant and money incentives to street vendors below PM SVANidhi theme.The MoU was signed at national capital by Shri Sanjay Kumar, Joint Secretary (NULM), MoHUA, Shri Vikas Kumar, Field top dog, New Delhi, Indian Bank and Shri Subodh Kumar,top dog, SIDBI within the presence of Shri Hindu deity Shanker Mishra, Secretary (MoHUA) and Shri Debashish Panda, Secretary monetary Services, MoF.Speaking on the occasion, Ms.Padmaja Chunduru, MD & CEO, Indian Bank aforesaid that ‘ street vendors represent a awfully vital constituent within the urban economy and that they provide variedthey're concerned in productive activities to induce their bread and butter and to support their families.it's privilege for the Bank to go with PM SVANidhi theme that could be a flagship theme of presidency of Asian nation in line with agenda of Atmanirbhar Asian nation.Bank has developed AN integrated on-line system to form payments of interest subvention and money incentives to all or any street marketer beneficiaries across the country on to theirShe additionally aforesaid that Bank has with success completed digitisation programme for Deendayal Atyoday Yojana (NULM), specially Self-Employment Programme (SEP), fund for SHGs, Employment through ability development coaching andMs.Padmaja Chunduru, MD & CEO, Shri M K Bhattacharya, Shri K Ramachandran, government administrators, Shri Imran Amin Siddiqui, top dog and alternative Executives of Indian bank participated through virtual mode“Signing of MOU” seen within the image (from L to R) Shri Subodh Kumar, GM, SIDBI, Shri Vikas Kumar, FGM, Indian Bank, Shri Hindu deity Shanker Mishra, Secretary (MoHUA), Shri

Re-Structuring of Personal Loans by Indian Bank

 RBI has announced relief measures to the borrowers, who were affected by COVID 19 related stress so that they can either postpone their EMI ( maximum of 24 months )to some extent or re-schedule their repayment, including the options like ballooning repayment, lump-sum payment, bullet payment etc, depending upon their earning capacity / expected income etc.In order to make it easy for it’s borrowers, Indian Bank has provided an exclusive web portal in Bank’s website with effect from 05.10.2020, through which borrower can submit therequests for restructuring their Personal Loans – ie Home Loan & Related Products, Education Loan, Vehicle Loan etc.The requests will be registered with a unique reference number and through SMS, customers will be informed to visit their respective Indian Bank Branches with required documents for completion ofAlternatively, Borrowers (those NOT applied online) can also visit their Indian Bank Branch along with the required documents for considering the restructuring of their Personal Loan Accounts

Nippon Paint and Bengaluru’s transgender community Art Project in Bengaluru

 Paints over four,000 sq. ft. space of the Hindu Vivekananda underground station walls in numerous phases Volunteers from the Aravani Art Project from Bengaluru undertook the painting project Nihon Paint (India) personal restricted (Decorative Division), Asia Pacific’s leading paint manufacturer, and members of the Aravani Art Project nowadays with success bound up the ultimate part of renovating unsound walls of Hindu Vivekananda underground station. Nihon paint has launched this initiative in an effort to pay tribute to the efforts of frontline staff and care professionals World Health Organization square measure risking their lives throughout the pandemic. The project that began in Sept, saw transgender volunteers from the Aravani Art Project World Health Organization painted the last of the many walls outside Hindu Vivekananda underground station. Over 4,000 sq. foot of wall space has currently been beautified with wall murals, graffiti styles, and patterns celebrating the spirit of frontline staff and care professionals amidst Covid-19. Mr. Padasalgi Vinay Jayateerthi – metric weight unit (Sales) province, Nihon Paint (India) personal restricted (Decorative Division), kick-started the event that saw the participation of the many volunteers. or so one hundred twenty litres of environmental-friendly paints, primers and painting tools were provided by Nihon Paint to relinquish a secure and recent trend to pick out areas of the station. Nihon has additionally rendered support to the initiative by taking correct precautions to confirm the painting area was a secure zone and every one the volunteers were supplied with the required safety gears to stay themselves safe whereas endeavor the painting. Speaking regarding the initiative, Mr. S Mahesh Anand, President – ornamental Paint, Nihon Paint India commented “Nippon Paint salutes the service of frontline staff and health professionals throughout this pandemic, World Health Organization square measure risking their personal safety to stay United States all safe. this is often our effort to supply them our encouragement and recognition for his or her services in such dire times. we tend to square measure all the additional delighted to hitch hands with members of the transgender community from The Aravani Art Project to figure with United States on this initiative. it's encouraging to envision the community showcase their creative capabilities and produce our vision to life. we tend to hope that this initiative starts conversations and permits the community members to specific themselves artistically, one thing that they need long been underprivileged of”. regarding Nihon Paint: based in Japan, Nihon Paint has over one hundred forty years of expertise in paint producing. Nihon is currently the amount one paint manufacturer in Asia Pacific, and is one in every of the highest paint makers of the planet. Nihon Paint produces a large vary of international quality high-tech  paints for ornamental, automotive, and industrial sectors. Over the years, Nihon Paint has formed its merchandise by quickly adapting breakthrough paint technology, with a stress on innovation and eco-friendliness. Nihon Paint’s mission is to make advanced merchandise that boost quality of life whereas protective the setting. Through innovative technology, Nihon Paint advantages its customers and society. the corporate and its subsidiaries square measure active in thirty one countries together with Japan, Singapore, Malaysia, South Korea, China, India, Pakistan, uk, Germany, Greece and Russia Post a comment