TENDERS & PROCUREMENT

EOI for Empanelment of Scheduled Commercial Banks for Investment of Surplus Funds by NALCO

By TEAM CIRCULAR EXPRESS • 04 May 2026
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National Aluminium Company Limited (NALCO) is inviting applications from Scheduled Commercial Banks for the empanelment to manage surplus fund investments in term deposits. Eligible banks must have a minimum net worth of ₹10,000 crore and comply with RBI capital adequacy norms. Additionally, interested banks are required to have a branch office located in Bhubaneswar. Existing empaneled banks are not required to submit a fresh application. Applications should be addressed to the CGM-Finance at the NALCO corporate office.
City
Bhubaneswar
State
Odisha
purpose of issuance
Empanelment of banks for investment of surplus funds
Most Important Details
Minimum net worth of u20b910,000 crore, RBI capital adequacy compliance, and mandatory branch office in Bhubaneswar

Regards, Circular Express

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EOI for Empanelment of Scheduled Commercial Banks for Investment of Surplus Funds by NALCO

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