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ING Vysya Bank launches 'ING Platina Services'

Bangalore, Aug 22 (UNI) The Private sector ING Vysya Bank today announced the launch of ING Platina preferred banking services to bundle financial planning services and personalised banking with proactive service thrown.

The new service was meant for the busy customer who knows managing the money is important but complicated. Under the services each member would enjoy the help of a relationship manager who designs an 'appropriate' financial strategy based on the cash flows of the member, a bank release said here.

The member could send SMS message to the bank and would receive a call from the assistant. He would also get a preferred debit card which can be used to withdraw cash of upto Rs one lakh per day, 50 per cent discount on safe deposit locker facility, preference for personal and home loans and free Demat account services.

The minimum balance that has to be maintained in this account would be Rs one lakh, the bank said.

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Insurers urged to develop high calibre techniques

Hyderabad, Aug 22 (UNI) Union Ministry of Statistics and Programme Implementation secretary Pronab Sen today urged the insurers to develop high calibre techniques to assess valuation risks. Delivering the third convocation address of the Institute of Insurance and Risk Management (IIRM), jointly set up by the Insurance Regulatory and Development Authority (IRDA) and the Andhra Pradesh Government, he said,''In life, there are no absolute probabilities but only conditional probabilities. Quite often, the conditional risks are.....

Proposal to set up cashew board: Jairam

Hyderabad, Aug 22 (UNI) Union Minister of State for Commerce and Power Jairam Ramesh today said there was a proposal to set up a cashew board on par with the coffee and rubber boards to promote the cashew production and its marketing in the country. Talking to newspersons here in connection with the signing of (MoU) between Integrated Tribal Development Agency (ITDA), Paderu in Visakhapatnam district and Nandi Foundation, a public charitable trust, to create market.....

SSN signs MoUs with key bioscience research institutes

Chennai, Aug 22 (UNI) The Department of Biomedical Engineering of Sri Sivasubramania Nadar (SSN) College has signed two key MoUs in the field of Biomedical Science and Research with Phoenix Medical Systems and Sai Bioscience Research Institute, key organisations working in this field. These MoUs would help to further strengthen academic and collaborative research initiatives in the area of Biomedical Engineering, a release from the college here today said. With the exponential growth that is.....
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