Financial Daily from THE HINDU group of publications
Friday, Jul 16, 2004

Cross Currency

Group Sites

Money & Banking - Credit Cards & Debit Cards
Industry & Economy - Exports & Imports

BoI unveils gold card for exporters

Our Bureau

Mumbai , July 15

IN a bid to make credit easily available to exporters, Bank of India has launched `Exporters Gold Card'.

`The exporters gold card' can be availed of by exporters with a good track record, satisfactory financials and cash management, said Mr M. Venugopalan, Chairman and Managing Director, Bank of India, on occasion of the launch of the card here on Thursday.

The card offers a range of benefits, including competitive terms, pricing in interest and service charges, approval of limits for a longer tenure, assessment of working capital limits up to Rs 5 crore at 20 per cent of the average yearly turnover estimated for the next three years, according to bank officials.

Cardholders will be given priority for allocation of foreign currency funds and a privileged customer status at BoI branches.

More Stories on : Credit Cards & Debit Cards | Exports & Imports | Public Sector Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Putting Basel II pillars in place

Rupee loss widens; securities plunge
No need for a separate pension entity: FICCI
91 cases against Nagarjuna Finance
Shrachi Securities in pact with HDFC Bank
Insurance scheme for deficient rainfall launched
Bonds plunge on all-round pressure — 10-year benchmark yield inches up to six per cent
Snap banker-broker ties in debt market
Federal Bank to offer rail tickets online
Reliance Info services for ICICI Bank clients
SBI in redesigning mode
Kisan cards: Vijaya Bank earmarks Rs 180 crore for Mangalore region
NMCE members to get PNB guarantees
Corpn Bank hands over dividend cheque
BoI unveils gold card for exporters
New tax regime lures NRIs to capital markets
Wage settlement: Bank unions plan strike on Aug 24
Karnataka Bank promotions
New Zonal Manager for Central Bank of India (Hyd Zone)

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line