State Bank of Bikaner and Jaipur, (SBBJ) has inked pact with the Rajasthan Government for payment of salaries to the employees. The bank has established an exclusive online treasury branch in Jaipur to handle all the salary payments from a single location.
SBBJ plans to collect Government's revenues also through an inter-banking platform, which will help faster realization of dues and other collections.
The bank's main area of operation is in the state of Rajasthan, with presence at all important centres in the country. The bank has 860 branches spread over the country. On the technology front, the bank migrated all branches to Core Banking Solution (CBS) and became among the first few banks in India to offer online banking facility across the country.
Company Name | CMP |
---|---|
SBI | 840.20 |
Bank Of Baroda | 286.25 |
Canara Bank | 120.80 |
PNB | 128.90 |
Union Bank Of India | 147.65 |
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