Union Bank of India has joined hands for real-time transfer of salaries of NMDC. The North Delhi Municipal Corporation (NDMC) has entered into an agreement for real-time transfer of salaries to the accounts of its employees. The partnering bank, Union Bank of India, and technology firm Tech Mahindra will also facilitate the process.
Union Bank of India is one of the largest government-owned banks of India. The Bank offers products and services in three categories - Deposits, Loans and Advances, and Remittances & Collections. Its segments include treasury operations, corporate & wholesale banking, retail banking and other banking operations.
