NewsMoU was signed between the BoM and the Ministry...

MoU was signed between the BoM and the Ministry of Science and Technology


The Bank of Maharashtra (BoM) has inked an agreement with the Ministry of Science and Technology (MoST) to register a Central Nodal Agency (CNA) account to implement a central sector plan under the ministry.

According to the memorandum of understanding (MoU), the Bank of Maharashtra will open a CNA account in addition to subsidiary accounts of the implementing agency on Sunday. These are the accounts through which the funds from the central sector scheme will be transferred to the end beneficiaries and vendors.

According to the bank’s announcement, “Science and Technology Institutional and Human Capacity Building” beneficiaries will benefit from bank assistance.

Also read: Bosch plans to invest up to 500 million euros in developing hydrogen-generation technology

Technology has been James's passion for over a decade. After graduating from the University of Chester with a Bachelor of Arts degree in Journalism in 2006, started writing full-time shortly after. Over the years, he has worked on everything from Windows XP to Red Star OS, but more recently has settled into the Apple ecosystem. A regular contributor at, James writes about iOS, macOS, and Apple hardware.


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