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TMB
sanction Rs.179.70 crore for windmills
Madurai: The Tamilnadu Mercantile Bank is promoting the setting up
of windmill units to augment the sources of energy for generation of electricity.
According to the TMB, the bank has so far sanctioned Rs179.70 crore during
the current financial year for setting up of 27 windmills in Sanganeri, Ayakudi,Pazhavur,
Kangayampalayam, Anthiyur, Panagudi, Karunkulam, Ponramapuram and Puliyur
for generation of wind energy of 34.725 MW.
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to News Review index page SBT
ties up with Kuwait exchange for rupee drawings
Thiruvananthapuram: The State Bank of Travancore (SBT) has entered
into a rupee drawing arrangement with the UAE Exchange Centre in Kuwait, whereby,
non-resident Indians in Kuwait can make remittances to more than 300 designated
branches of SBT in India through the exchange centre, according to a statement
from the bank.
With the establishment of this arrangement, SBT has rupee drawing tie-ups
with a total of six exchange houses in Kuwait.
The arrangement with UAE Exchange Centre will come into effect from Monday
(February 21).
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