Friday, May 26 2017 | Time 13:00 Hrs(IST)
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  • Indian currency stronger further against greenback
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  • After UK attack, voter confronts interior minister over police cuts
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  • Drastic changes made in IT laws to weed out black money: Official
  • JGBs gain, taking cue from slumping equities
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Electronics & Gizmos Share

IndusInd Bank launches one stop portal for all foreign exchange needs

IndusInd Bank launches one stop portal for all foreign exchange needs

New Delhi, Apr 18 (UNI) IndusInd Bank has launched a one-stop portal for all foreign exchange needs of Indian consumers. With the help of this portal, one can buy multi-currency foreign exchange cards and reload it anytime, anywhere in eight different currencies. The portal also gives the freedom to sell the foreign exchange currency after the international trip has been completed. Consumers can also use the portal to send money abroad for purposes such as education and medical requirements. One of the key benefits of this portal is that the customers can buy multi-currency forex card with zero currency conversion charges. The customer, therefore, clearly saves while exchanging the currency as no currency conversion mark-up is charged. Moreover, customers can enjoy ATM withdrawals abroad without any charges, which are usually levied by other cards. This facility will help them to travel with Less or No Cash and withdraw money once they reach overseas destination. The portal also provides telegraphic transfers for outward remittance and transfer of funds in 16 currencies. IndusForex card can be availed or reloaded simply by logging in at www.indusforex.com. It is a simple, secured & paperless transaction, which can be done before departure and during transit with any one or all of the 8 available currencies, namely Australian Dollar (AUD), Canadian Dollar (CAD), EURO (EUR), Great Britain Pound (GBP), Singapore Dollar (SGD), Saudi Arabian Riyal (SAR), UAE Dirham (AED) and US Dollar (USD). Commenting on this, IndusInd Bank Head of Consumer Banking Sumant Kathpalia said, “Indians travelling abroad have three main priorities - secure and hassle-free travel, easy access to foreign currency and convenience of making payments- all on digital platform at zero conversion charges. IndusForex.com offers all these benefits and more.” He said, “The portal provides the ease of travel with utmost security feature to our target audience. The Bank is focusing on ever growing travel requirements of the millennial and we hope to make mark in this segment.” UNI ADP RSA SHK 1708

Kotak

Kotak Mahindra Bank launches 811 digital banking system on mobile

Lucknow, May 18 (UNI) Kotak Mahindra Bank today announced the launch of ‘811’, the country's full-service digital banking eco-system on mobile, in Uttar Pradesh.

Idea

Idea launches 4G services in Jaipur

Jaipur, May 17 (UNI) Telecom operators Idea Cellular today launched its world class 4G services in the city.

Stellar,

Stellar, Lenovo partners for data loss recovery

New Delhi, May 17 (UNI) Stellar Data Recovery today announced a strategic partnership with Lenovo - world leaders in providing innovative consumer and enterprise technology, where former will offer most robust data recovery software.

Samsung

Samsung Elec creates new contract chip manufacturing division

SEOUL, May 12 (Reuters) Tech giant Samsung Electronics Co Ltd said on Friday it has formed a new division within its semiconductor business for contract chip manufacturing in a move to strengthen its competitiveness.

Oracle

Oracle to expand cloud services in India in next 6-9 months

New Delhi, May 10 (UNI) Oracle today announced it will expand its cloud services in India over the next six to nine months with plans for an Oracle data center.

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