Vedavaag Systems has signed and executed the Corporate Business Correspondent agreement with Punjab National Bank for implementation of Financial Inclusion for Punjab National Bank. Vedavaag is targeting to roll out about 400 to 500 CSPs for PNB in the next two quarters for implementing the Financial Inclusion.
Vedavaag is already associated as Business Correspondent with State Bank of India and Bank of Baroda and now with signing of BC agreement with PNB, Vedavaag is Business Correspondent for all the three top PSU banks viz., SBI, BOB and PNB in the country, which have vast banking network across the country.
Vedavaag Systems is a niche player of e-governance solutions and citizen services infrastructure management. The company offers E-Governance Solutions, Knowledge Center Solutions, Citizen Service Delivery, New Services e-Integration.