Spanco, SBI team up for banking services
The State Bank of India has joined hands with technology company Spanco to roll out banking services

As part of the arrangement, Spanco will function as a business correspondent and render services such as opening of accounts, cash deposits and withdrawals, remittances and loan applications on behalf of SBI, according to Mr Rajiv Agarwal, CEO of the company's e-governance business unit.
20 Jan 2011