NALCO Launches Online FD Investment Module to Enhance Transparency and Financial Prudence

New Delhi: National Aluminium Company Limited (NALCO) has launched an in-house online Fixed Deposit (FD) investment module to leverage technology for seamless transactions, improved transparency, and enhanced ease of doing business.

The module was inaugurated by Shri B.P. Singh, CMD, in the presence of Shri P.K. Sharma, Director (Production), Dr. T.K. Pattanayak, Director (HR), Shri A.K. Behuria, Director (Finance), Shri Pranabjyoti Nath, IAS, CVO, and other senior officials.

Developed internally, this digital investment tool ensures efficient management of surplus funds while strictly adhering to Department of Public Enterprises (DPE) guidelines. The initiative reinforces strong governance practices, promotes financial prudence, and provides a technology-driven approach to managing investments efficiently.

NALCO’s move reflects its commitment to digital transformation in financial management, offering stakeholders a faster, more transparent, and accountable investment process.