Nepal SBI Bank launches payment gateway

One of the largest overseas subsidiaries of SBI, Nepal SBI Bank has launched payment gateway to facilitate online trade and non-trade transactions between the Himalayan nation ‘Nepal’ and India. The Payment Gateway was inaugurated by SBI Managing Director B Sriram, and Indian Ambassador to Nepal Ranjit Rae.

The Nepal SBI Bank is providing banking services from its 70 Offices including 59 branches and 3 Regional OfficesWith the help of this facility, the customer of Nepal SBI Bank can utilize various features of mobile banking and other value added services along with the platform of the payment gateway.

Apart from this, Mr. Sriram has also inaugurated construction of main entrance gate of Pashupati area development trust on the theme of UNESCO World Heritage Design as a part of social responsibility initiatives of Nepal SBI. He has also handed over a cheque of Rs 5.21 crore to Nepal Prime Minister K P Oli for PM Natural Disaster Relief Fund.

So let’s discuss some questions related to this post :
1. Name the subsidiary of the SBI bank, which has launched its payment gateway to facilitate online trade and non-trade transactions between India and Nepal ?
2. Who is the Indian ambassador to Nepal ?

Courtesy : Economic Times


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