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State Bank of Mysore enters into MoU with RML Information Services

11 Sep 2014 Evaluate

State Bank of Mysore (SBM) has entered into a Memorandum of Understanding (MoU) with RML Information Services for giving SMS-based services to over 5 lakh farmer customers of the bank. Under this MOU, RML will provide personalised agri information to farmers on weather, crop diseases, government schemes/initiatives, and market prices of produce, among others, through SMS and dedicated contact centres by a team of local experts.

State Bank of Mysore is the first Karnataka-based bank with fully networked branches. The bank embarked upon the latest Banking Technology platform by implementing the Core Banking Solutions (CBS) across all its branches, with an objective of providing banking convenience to the customers.

Peers
Company Name CMP
State Bank Of India 997.00
PNB 116.65
Bank Of Baroda 237.80
Canara Bank 123.90
Union Bank Of India 178.00
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