14 October 2017

Odisha Government Department Signs MOU with SBI

Odisha Government Department Signs MOU with SBI


The Odisha government's Directorate of Treasuries and Inspection and the State Bank of India have signed an MOU for integration of SBI e-Pay with the cyber treasury. The MoU is a landmark initiative by the state government to facilitate revenue collection from citizens through digital banking platform.

The SBI e-Pay is the payment aggregator service wing of the bank which will facilitate on line payment of government dues by the customers of any public/ private sector banks by using the payment gateway of SBI.

Important Takeaways from Above News-
  • SBI headquarters in Mumbai, Maharashtra.
  • It was established on 1 July 1955.
  • Rajnish Kumar is the present Chairman of SBI.
Source- The Hindu

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