Neyveli, April 7 -- NLC India Limited has signed a Memoranda of Understanding (MoU) today with Punjab National Bank, Union Bank of India and State Bank of India to establish empanelment of these three banks for Corporate Salary Accounts of NLCIL employees.

The MoU was signed by Dhanapal, CGM/Finance-Treasury, NLCIL with P. Mahendar, GM, Punjab National Bank, R. Devaraj, Dy. Zonal Head, Union Bank of India and Kalpana Mudaliar, DGM (B&O), SBI, in the presence of Prasanna Kumar Motupalli, CMD, NLCIL, Dr. Suresh Chandra Suman, Director (Mines) and P&P (Addl.Charge), Samir Swarup, Director (HR), M. Venkatachalam, Director (Power), Dr.Prasanna Kumar Acharya, Director (Finance), and senior officials of NLCIL.

The collaboration offers a host o...