UCO Bank reduces MCLR, FD rates
UCO Bank has reduced its Marginal Cost of Funds Based Lending Rates (MCLR) by 25 basis points across various tenors, with effect from April 10, 2020. Now the revised 1- year MCLR stands at 7.95 per cent, reduced from 8.20 per cent. The revised Overnight, One-month, Three-months and Six Months tenor MCLR now stands at 7.35 per cent, 7.50 per cent, 7.60 per cent and 7.85 per cent respectively i.e. 25 basis points lower than their existing levels. As a result, all MCLR linked loans will become cheaper now. The Bank has also reduced the Fixed Deposit rates across all the tenors between 0.25 per cent to 0.50 per cent.
Dalmia cement donates Rs 50 L
In order to help the poor and needy during the country-wide lockdown and to sustain fight against epidemic COVID 19 Dalmia Cement India Limited, Bokaro unit chief Priya Ranjan handed over a cheque of Rs 50 lakh to Deputy Commissioner Mukesh Kumar in Chief Minister Disaster Relief Fund on behalf of company. The DC thanked him and said that if any other person, social worker and intellectual come forward to help, then the district administration welcomes them heartily. In this hour of crisis, ordinary citizens can also come forward to help. During this occasion Biada Secretary Sandeep Kumar, Jharkhand Head Corporate Affairs Rajiv Kumar Sinha& other officers were present.
SSS helps the needy
In the tough times when the world is locked away and the government is battling with the rise of COVID-19 Pandemic, Jharkhand Sachiwalay Sewa Sangh in has stepped up to support the needy. A team of Sangh went to Lodhma, Kanta Toli, Doranda, Hinoo, Railway Colony, Dipatoli, Ghaghra and Hatia to provide household ration for 10 days to daily wage workers, auto drivers and skilled labours. 70 skilled labourers, who were working previously on various premises of the under construction smart city were also provided with the necessary ration, masks and sanitisers. Sangh also made sure that migrant labourers from West Bengal who are stuck in Bajra received help with food and better sanitation equipments.
Hindalco intensifies relief work
In the ongoing war against Corona, Hindalco Industries Limited has intensified its works in Jharkhand. The distribution work of free face masks, sanitizers and hand wash by Hindalco is widespread among the people of the mining project area of Jharkhand. Also, food and beverage distribution is also being done among the people at the local level in collaboration with the local administration. On the part of the company, along with all the measures to protect the corona continuously in the project area, the distribution of relief packages is going on a war footing. The relief work is going on at war footing at Kathaoutiya and Daltonganj. The company is distributing essential items to the people with help of local police. Distribution of food and protective gear is also going on in Lohardaga, Latehar and Gumla.
