Financial products distributor Bankbazaar Monday said it has appointed former Reserve Bank Deputy Governor S S Mundra as an advisor.
Mundra, a commercial banker-turned-central banker who served as the DG till July last year, will drive paperless products distribution at the company, an official statement said. ********* Satin Creditcare partners with IndusInd Bank *
Microfinance company, Satin Creditcare Network (SCNL), Monday said it has entered into a business correspondent (BC) partnership with private lender IndusInd Bank.
"Our business strategy is to strike the right balance between secured and unsecured lending and enhance the quality of our portfolio," the company's chairman and managing director, HP Singh, said in a release.
SCNL has also diversified into housing finance and BC partnerships with other banks/NBFC through its subsidiaries Satin Housing Finance and Taraashna Services, respectively. ************* CEAT launches new range of Gripp X3 tyres for bikes *
Domestic tyre maker CEAT Monday announced the launch of its new range of Gripp X3 tyres for motorcycles.
In the initial phase, Gripp X3 tyres will be available for 100 cc 125 cc motorcycles and soon will also be rolled for 150cc+ bikes, a release said.
"We are pleased to announce the launch of CEAT Gripp X3 everlasting grip tyres in India. Gripp X3 effectively addresses the consumer pain point of reduced tyre grip as the tyre wears out and becomes old," said Nitish Bajaj, senior vice-president for marketing, CEAT Ltd.
The newly-launched ranges is available with company's authorised oulets, dealers and distributors at key markets across the country, the release said.
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