Friday, January 27, 2012

Public sector banks set to 'swipe' in new sale order

...........The government has decided to form a company in which top state-run banks, including State Bank of India, Punjab National Bank, Bank of Baroda, Bank of India, Canara Bank and Union Bank of India, along with National Payments Corporation of India (NPCI), would be stakeholders. This company would buy PoS terminals and deploy these on behalf of the lenders across merchant outlets in the country.................

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