Sensex 27380.97 -183.69 (-0.67%)28-May-15 13:29
Nifty 8282.5 -52.1 (-0.63%)28-May-15 13:20
The 40th Trade Finance (TF) Centre of IDBI Bank was inaugurated on March 28, 2013 at the IDBI Bank Building, BKC, Mumbai. Shri Hiranmoy Biswas, Chief General Manager & Head Transaction Banking Group of the Bank inaugurated the same in the presence of Corporate Customers, senior executives of various foreign Correspondent Banks and officers of IDBI Bank.
On this occasion, Biswas expressed that BKC being one of the largest Financial Centre in the country, the new TF centre in BKC would emerge as one of the top five TF centres of the Bank across the country in the near future.
IDBI Bank’s TF Centre in BKC is an Authorized Dealer (AD) in foreign exchange, and would cater to the Trade Finance and Forex needs of Exporters, Importers and Retail customers. The TF centre shall compliment the business of existing Personal Banking and Corporate Banking Branches functioning at IDBI Bank Building, BKC and offer all Trade and remittance products and services to the customers of the Bank.
India Infoline Research Team / 14:59, May 20, 2015
GPIL reported 13.5% yoy decline in operating profit as the impact of higher volumes was offset by lower product prices