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<ul><li>As a part of the tie-up, MSMEs who are <keyword id="45008" type="General" weightage="100" keywordseo="tata-power" source="Orion">Tata Power</keyword> customers can avail loans up to ₹8 crore, with nil or minimum collateral. </li><li>The scheme requires a minimum down payment of only 15-20% of project cost, says <keyword id="51925" type="General" weightage="80" keywordseo="union-bank" source="Orion">Union Bank</keyword>. </li><li>This tie-up is a part of <keyword id="72269" type="General" weightage="50" keywordseo="ubi" source="Orion">UBI</keyword>’s solar scheme called <keyword id="15535191" type="General" weightage="50" keywordseo="union-solar" source="Orion">Union Solar</keyword>.</li></ul>Indian public sector bank <keyword id="63524" type="General" weightage="50" keywordseo="union-bank-of-india" source="Orion">Union Bank of India</keyword> has tied up with <keyword id="12146018" type="General" weightage="50" keywordseo="tata-power-solar" source="Orion">Tata Power Solar</keyword> Systems, a subsidiary of Tata Power Renewable Energy, to help the micro, small and medium enterprises (MSME) set up rooftop mounted solar units through a term loan. MSME industries who are Tata Power customers can avail loans up to ₹8 crore with nil or minimum collateral. The objective of this collaboration is to improve access to green energy, and help MSMEs save on electricity costs. “The scheme also requires a minimum down payment of only 15-20% of project cost thus making it very attractive for MSMEs,” informs Union Bank. This is a part of the bank’s solar scheme called 'Union Solar' which was launched at a pan-India level, to relieve the MSMEs from the stress of higher power costs and grid exigencies. “We are happy to associate with Tata Power in our efforts to help small businesses improve their access to green energy through the solar solution that is reliable, affordable and self-paying in the long run. We expect to see an impressive growth in the use of solar power in the MSME sector that will also make them more competitive in the domestic and international markets,” C M Minocha, chief general manager, Union Bank of <keyword id="3658" type="General" weightage="50" keywordseo="india" source="Orion">India</keyword> said. MSMEs can avail the dual services of Solar EPC by Tata Power Solar, financed through term loan facility by Union Bank of India. "In the last few years, the Indian MSME industry is experiencing a behavioural shift towards green energy solutions. We are committed to make TPREL a one-stop solution for the solar rooftop industry,” said <keyword id="14983947" type="General" weightage="50" keywordseo="shivram-bikkina" source="Orion">Shivram Bikkina</keyword>, chief- rooftop, Tata Power Renewable Energy. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/paytm-shares-tank-over-9-as-4-5-of-its-equity-changes-hands/articleshow/95574534.cms">Paytm shares tank over 9% as 4.5% of its equity changes hands</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/pakistans-default-risk-soars-amid-political-turmoil-says-a-dawn-news-report/articleshow/95574205.cms">Pakistan's default risk soars amid political turmoil says a Dawn news report</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/mumbai-based-ev-startup-launched-a-two-seater-electric-car-with-no-front-passenger-seat/slidelist/95572118.cms">Mumbai-based EV startup launched a two-seater electric car with no front passenger seat</a>

Union Bank, Tata Power Renewable join hands to help MSMEs switch to solar

<ul><li><keyword id="63524" type="General" weightage="20" keywordseo="union-bank-of-india" source="Orion">Union Bank of India</keyword> has invited <keyword id="6356927" type="General" weightage="20" keywordseo="online-applications" source="Orion">online applications</keyword> for recruitment for manager positions in different profiles.</li><li>The online application process has already begun and the last to date to apply for these roles is September 3.</li><li>The bank will conduct an <keyword id="481317" type="General" weightage="20" keywordseo="online-examination" source="Orion">online examination</keyword> for the selection. The exam is likely to be held on October 9 at various centres.</li></ul>Public sector bank Union Bank of India has invited online applications for recruitment for manager positions in different profiles. There are a total of 347 <keyword id="11942758" type="General" weightage="20" keywordseo="vacancies-in-the-bank" source="Orion">vacancies in the bank</keyword>. The online application process has already begun and the last date to apply for these roles is September 3. The bank will conduct an online examination for the selection. The exam is likely to be held on October 9 at various centres — Delhi/NCR, Chandigarh, Lucknow, Kolkata, Patna, Bhubaneswar, Hyderabad, Mumbai/Navi Mumbai/Greater Mumbai/Thane, Bengaluru, Chennai, Bhopal, Ahmedabad. While applying online, candidates belonging to General/Economically Weaker Section/Other Backward Class will have to pay a non-refundable intimation fees of ₹850. Candidates belonging to Scheduled Castes (SC)/Scheduled Tribes (ST)/Persons with benchmark disability (PWBD) don’t have to pay any intimation fee. Candidates who are shortlisted or selected for personal interview will be informed through email or SMS on their registered mobile number. The bank advises all the applicants to regularly keep a track of their status on the <a href="https://ibpsonline.ibps.in/ubirscoaug21/">bank's website</a>. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Post </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Scale/Grade </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">No. of vacancies </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Senior Manager (Risk) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-III </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">60 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Risk) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">60 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Civil Engineer) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Architect) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Electrical Engineer) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Printing Technologist) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">1 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Forex) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">50 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Chartered Accountant) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Assistant Manager (Technical Officer) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">JMGS - I </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">26 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Assistant Manager (Forex) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">JMGS - I </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">120 </td></tr></tbody><tbody><tr id="last-child" class="last-child"><td contenteditable="false" colspan="4">Edit</td></tr></tbody></table> <cmsannotation type="cmsannotation" annotationid="Eligibility criteria for each role —" comment="subhead" text="Eligibility criteria for each role —">Eligibility criteria for each role —</cmsannotation> <ul><li>Applicants must be citizens of India or subject of Nepal or subject of Bhutan or Tibetan refugee who migrated to India before January 1, 1962 or of Indian origin migrated to Pakistan/Burma/Sri Lanka/East African countries of Kenya/Uganda/The United Republic of Tanzania (formerly Tanganyika and Zanzibar)/Zambia/Malawi/Zaire/Ethiopia or Vietnam.</li></ul><ul><li>For Senior Manager (Risk) —</li></ul><ol><li>Candidates must be between 30-40 years of age.</li><li>Should have at least 5 years of experience in Credit Risk and Risk Modeling in Financial Institutions/Rating Agencies/Brokerage firms.</li><li>Masters in Mathematics or Statistics or MBA in finance (with minimum 60% aggregate marks) or CA/CS/CMA (ICWA) or should be a holder of Chartered Financial Analyst (CFA) from CFA Institute or Professional Risk Management Certification from PRIMA Institute or Certification in Financial Risk Management from Global Association of Risk (GARP).</li></ol><ul><li>Manager (Risk) —</li></ul><ol><li>Candidates must be between 25-35 years of age.</li><li>Should have at least 2 years of experience in Credit Risk and Risk Modeling in Financial Institutions/ Rating Agencies/Brokerage firms.</li><li>Masters in Mathematics or Statistics or MBA in finance (with 60% aggregate marks) or CA/CS/CMA (ICWA) or should be a holder of Chartered Financial Analyst (CFA) from CFA Institute or Professional Risk Management Certification from PRIMA Institute or Certification in Financial Risk Management from Global Association of Risk (GARP). </li></ol><ul><li>Manager (Civil Engineer) —</li></ul><ol><li>Candidates must be between 25-35 years of age.</li><li>Should have a minimum experience of 3 years in Construction/Maintenance of multistoried Commercial/Residential Buildings in Govt./Semi Govt. Dept. or institutions/Public Sector Undertakings/Listed corporate or its group companies.</li><li>Degree holder of Bachelors in Engineering (B.E)/B.Tech in Civil Engineering from a recognised university with minimum 60% aggregate marks.</li></ol><ul><li>Manager (Architect) —</li></ul><ol><li>Candidates must be between 25-35 years of age.</li><li>Should have a minimum 3 years of work experience in planning, designing, supervision and execution of multi-storied commercial/institutional/residential projects.</li><li>A holder of Bachelor’s degree in Architecture from a university recognised by the Government of India with minimum 60% aggregate marks.</li></ol><ul><li>Manager (Electrical Engineer) —</li></ul><ol><li>Candidates must be between 25-35 years of age.</li><li>Should have a minimum 5 years of post-qualification work experience in maintenance of HT/LT Panels, Cables, Industrial Wiring, Electrical Installation of Commercial and Residential building, DG sets, Air-Conditioning Plants, etc.</li><li>Degree holder of bachelor’s in engineering (B.E)/B.Tech in Civil Engineering from a recognised university with minimum 60% aggregate marks.</li></ol><ul><li>Manager (Printing Technology) —</li></ul><ol><li>The candidate must be between 25-35 years of age.</li><li>Should have a minimum 3 years of experience in printing line/paper verification and possess knowledge of security features of MICR Cheque printing and different quality of papers used for MICR cheque.</li><li>A holder of bachelor’s degree in B.E/B.Tech in Printing Technology from a university recognised by the Government of India with minimum 60% aggregate marks.</li></ol><ul><li>Manager (Forex) —</li></ul><ol><li>Candidates must be between 25-35 years of age.</li><li>Should have at least 3 years of work experience in Banking and Finance in Foreign trade Finance operations in Public/Private Sector Banks.</li><li>The candidate should be a graduate in any discipline and an MBA degree holder with specialisation in Finance/International Business/Trade Finance from a university recognised by the Government of India with minimum 60% marks in aggregate. </li></ol><ul><li>Manager (Chartered Accountant) —</li></ul><ol><li>Candidates must be between 25-35 years of age.</li><li>The candidate should have a minimum 2 years of experience as CA in a BANK/NBFC/FIs/Credit rating agency.</li><li>Should be a Chartered Accountant from an institution recognised by ICAI. </li></ol><ul><li>Assistant Manager (Technical Officer) —</li></ul><ol><li>Candidates should be between 20-30 years of age.</li><li>Should hold a Degree in Engineering in Civil/Electrical/Mechanical/Production/Metallurgy/ Electronics/Electronics &amp; Telecommunication /Computer Science/Information Technology/Textile/ Chemical etc./B.Pharma.</li></ol><ul><li>Assistant Manager (Forex) —</li></ul><ol><li>Candidates should be between 20-30 years of age.</li><li>The candidate should be a graduate in any discipline and an MBA degree holder with specialisation in Finance/International Business/Trade Finance from a university recognised by the Government of India with minimum 60% marks in aggregate.</li></ol> Candidates interested in the opportunity can seek further information <a href="https://www.unionbankofindia.co.in/pdf/DETAILS%20NOTIFICATION%20-%20ENGLISH%202021-22%20FINAL.pdf">here</a>. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/mobile/news/passengers-on-a-plane-in-us-evacuated-after-a-samsung-phone-reportedly-caught-fire/articleshow/85615792.cms">Passengers on a plane in US evacuated after a Samsung phone reportedly caught fire</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/an-indian-startup-that-builds-robots-for-farmers-raises-5-million/articleshow/85616775.cms">An Indian startup that builds robots for farmers raises $5 million</a>

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