The Business Bytes
TBB BUREAU
NEW DELHI, SEPT 21, 2021
The Union Bank of India entered into an agreement with the North Delhi Municipal Corporation (NDMC) according to which the latter has appointed and authorized Union Bank of India for the purpose of disbursement of pension of their employees at their headquarters i.e. Civic Centre, New Delhi.
The Memorandum of Understanding (MoU) was signed in the presence of NDMC Commissioner Sanjay Goel, Additional Commissioner Sandeep J Jacques, DGM-GBRD J S Tomar, DGM &RH-Delhi Central Sanjeev Kumar and other officials.
The agreement will come into effect immediately.
Terming the agreement an important milestone in collaboration, Union Bank of India GM (Government Business) R K Jaglan said, “Union Bank of India is committed to ensure timely, accurate and reliable disbursement of monthly pension to the pensioners of North Delhi Municipal Corporation (NDMC), along with serving the pensioners in better manner. Our collaboration is a step forward in our relationship with NDMC and going to benefit Union Bank of India, NDMC and people at large.”
