Current Affairs Economy & Banking

SBI, Hitachi Payments Form Joint Venture For Digital Payment Platform

Category : Economy & Banking

 Country’s largest lender State Bank of India (SBI) and payments solution provider Hitachi Payment Services India has entered into an agreement to form a joint venture for establishing a card acceptance and digital payment platform. SBI will have a majority stake in the proposed joint venture. Hitachi Payment Services India is a wholly owned subsidiary of Hitachi Group, Japan.
Source- The Economic Times


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