BLS International Services Ltd has been selected as National Business Correspondent for State Bank of India (SBI) to deliver banking services in urban, semi-urban and rural areas across the country.
It would deliver last mile banking services to support the financial inclusion mission of Indian government.
BLS will soon initiate banking services like savings bank deposits, fixed deposit, recurring deposit, remittances, micro pension, micro insurance, account open with e-KYC, AEPS mini statement, passbook printing for SBI account holders spread across India.
Commenting on this development, Shikhar Aggarwal, Joint Managing Director, BLS International, said, “This partnership with State Bank of India will support government’s initiative to deliver last mile banking services to the tier2 & tier3 cities. It will strengthen our reach in the southern, eastern and western parts of India while we already have an extensive network in northern India.
This is a testimony to our commitment to serve the unserved and underserved population of India.”
The Hindu Business Line