Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1706)
1706.
With which bank Hitachi Payment Services formed joint venture for digital payment platform?
SBI
ICICI
Axis
Kotak
Answer: Option
Explanation:
State Bank of India (SBI) and payments solution provider Hitachi Payment Services India entered into an agreement to form a joint venture for establishing a card acceptance and digital payment platform. According to the joint venture (JV), Hitachi will pick up 26 percent stake in SBI Payment Services, a wholly-owned subsidiary of SBI. The JV will have various payment options to customers and merchants.
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