Union Bank of India & TSRTC firm up corporate salary tie-up

Hyderabad: The Union Bank of India (UBI) representatives and TSRTC management met on Saturday to firm up the ongoing corporate salary tie-up, originally signed in October 2021 to benefit TSRTC employees, with upgrades effective from February 1, 2024. The topic for discussion included insurance claim handover.

UBI handed over Personal Accidental Insurance claim cheques worth Rs. 1 crore each to the nominees of two late employees of TSRTC : Durgam Raghavendar Goud and Sri Allamdurga Venkatesh. The cheques were presented by TSRTC MD Y Nagi Reddy (IPS) and UBI Executive Director Amresh Prasad & Chief General Manager M Ravindra Babu. B Bhaskar (Regional Head, Secunderabad), R Satyanarayana (Regional Head, Mahabubnagar), TSRTC's ED (Operations), ED (Technical/IT), Financial Adviser and others were present.