MoneyWorks4Me

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 984.50
PNB 116.80
Bank Of Baroda 232.40
Canara Bank 123.90
Union Bank Of India 177.45
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