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July 17, Tuesday 2018 1:50 AM       

       HEADLINES: Heavy rains continue, wide range of calamities, trains running late                                              17 picked Nipah virus from 1st victim: Kerala govt report                                              Heavy rains: Low lying areas in Kottayam, Idukki submerged                                              Islamic pandit Hameed Madani passes away                                              Rain: Four more death, govt calls high officials meet                                              BJP too has contributed to delay in projects: Mayawati hits back                                              Delhi Air hostess commits suicide, family alleges dowry harassment                                              Temples aren't going to create jobs for tomorrow, says Sam Pitroda                                              Petrol and diesel prices set to break all-time high levels                                              Fresh batch of pilgrims leave for Amarnath shrine                                              UK minister quits over lewd messages to barmaids                                              Russia targeted by almost '25 million cyber-attacks' during World Cup: Putin                                              France ends 20-year itch, lifts second FIFA World Cup                                              I feared Serena might die, says husband                                              With flags, song, pride, French celebrate unifying victory                                              Kaumudi Facebook
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       Indian Army signs MoU with SBI on salary package
 
         Posted on :23:06:54 Jul 12, 2018
   
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       Last edited on:23:06:54 Jul 12, 2018
         Tags: Indian Army, MoU with SBI, salary package
 
New Delhi: The Indian Army on Thursday signed a Memorandum of Understanding (MoU) with the State Bank of India on defence salary package.
 
The first MoU between SBI and the Indian Army was signed in 2011 and was renewed on 23 February, 2015. According to Indian Army, the revised MoU is tailor-made to suit the requirements of serving soldiers, pensioners and their families.
 
"A number of additional facilities have been incorporated in the revised MoU which include free personal accident death cover, free permanent total disablement cover and other accidental benefits to the deceased soldier and family. This MoU will benefit a large number of serving and retired Army personnel who are having their accounts with SBI. The MoU will be valid till 3 January, 2019 and continuation thereafter will be subject to review/renewal," the Indian Army said in a statement.
The signing-in ceremony was chaired by Adjutant General Lt Gen Ashwani Kumar and was attended by top officials of SBI headed by Shri PK Gupta, Managing Director (Retail and Development Banking), SBI.
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       BUSINESS
Next Article: US dollar ends sharply lower against rupee
 
 
BUSINESS HEADLINES
Infosys shares soar 6% after Q1 earnings  
Rupee slips 6 paise against US dollar  
Niti Aayog working on proposal to replace LPG subsidy with cooking subsidy: Kumar  
India to be $10 trillion economy by 2030: Garg  
No question of closure of DCI; 3 ports to pick up govt stake: Gadkari  
India to be $10 trillion economy by 2030: Garg  
Markets slip from record to end flat on profit-booking  
Markets slip from record to end flat on profit-booking  
No question of closure of DCI; 3 ports to pick up govt stake: Gadkari  
Retail inflation rises to 5 percent in June  
Retail inflation soars to 5% in June, IIP presides to 3.2% in May  
Indian Army signs MoU with SBI on salary package  
US dollar ends sharply lower against rupee  
Gold, silver recover on mild demand  
BSNL starts first internet telephony service in India  
Sensex nears all-time high; TCS shines on Q1 show  
Gold futures gain 0.06% on global cues  
Goyal asks Coal India to ensure supply for power sector  
Grex Alternative Investments Market looks to raise $100 mln  
Cong targets PM over fall in value of Rupee  
Set up central agency to evaluate big loan proposals: ICAI  
Modi govt needs to shed 'obsession' with economic growth: Jean Dreze  
Sebi revamps panel on alternative investment  
Sebi exempts family trust related to Batliboi from making open offer  
Rupee crumbles to all-time closing low of 68.95 a dollar  
 
Is there anything wrong if Congress observes Ramayana month?
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