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SBI joins hands with Hitachi Payment Services to boost digital payments

06 Mar 2019 Evaluate

State Bank of India (SBI) and Hitachi Payment Services, unit of Japanese Hitachi have launched a merchant acquiring joint venture (JV), SBI Payment Services (SBIPSPL) in Mumbai, for establishing a state-of-the-art digital payments platform for India and other countries in the region. 

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

Peers
Company Name CMP
State Bank Of India 961.00
PNB 122.50
Bank Of Baroda 238.50
Canara Bank 118.35
Union Bank Of India 185.20
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