Mumbai, Aug 29 (PTI) Non-bank lender Credit Saison India on Tuesday said it has raised Rs 200 crore in its maiden non-convertible debenture (NCD) issue.

The entity, a unit of a Japanese parent, will be paying a coupon of 7.95 per cent for three years, according to a statement.

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*** Tech Mahindra introduces EV for employee transportation in Noida * Tech Mahindra on Tuesday said it has introduced an electric vehicle for employee transportation in Noida which will clock a daily mileage of 250 kilometres by making five trips.

The fifth largest IT services player also announced that it has partnered with Google to launch a generative AI powered email solution, a statement said.

*** Kotak Mahindra Bank launches Sankalp savings account * Kotak Mahindra Bank on Tuesday launched a dedicated offering directed at rural and semi-urban customers.

Christened 'Sankalp savings account', it has features like free cash deposits and withdrawals up to Rs 24 lakh, among others.

*** Howden appoints Abhijit Sethi as chief operating officer * Global insurance intermediary Howden on Tuesday appointed Abhijit Sethi as its chief operating officer.

Sethi will be responsible for pan-India placements, business operations, refining processes, and nurturing insurer relationships to drive sustained growth, according to a statement.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)