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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