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Raminfo appointed as Corporate Banking Correspondent by Rajasthan Marudhara Gramin Bank

23 Mar 2022 Evaluate

Raminfo is appointed as Corporate Banking Correspondent (BC) by Rajasthan Marudhara Gramin Bank, a Joint Venture of Government of India, Government of Rajasthan and State Bank of India being sponsored by the State Bank of India, to set-up retail BC across 15 districts in the State of Rajasthan.

Business Correspondents (BC) are intermediaries who act as representatives engaged by Bank for providing banking and financial services at various locations across the State of Rajasthan. They enable the Bank to enhance its network/customer base by offering a range of banking and financial services at lesser cost, in lieu of establishing branch office in near vicinity which may not be viable. Accordingly, Raminfo will be responsible for promoting financial inclusion services by providing banking services through Customer Service Points (CSPs) which are already functioning in the State of Rajasthan.

This partnership will enable Raminfo to enhance its outlook towards the Fin-Tech vertical and deliver increased accessibility and speed across remotest areas at a reduced costs. Raminfo’s FinTech vertical is a great leveraging tool which allows to compete with big companies and also increase a future revenues under Fin-Tech vertical.

Raminfo is one of the leading providers of technology solutions for some of the premier organizations across Government, Fintech, Healthcare, Smart Energy, IoT & Analytics and Engineering Services.

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