TechnoparkToday.com(May, 2014): It is reported that the State Bank of India (SBI) has signed up Reliance Money Infrastructure (RMIL), an Anil Arnbani Group company, in a ‘business correspondent’ deal to source a range of banking services.The deal authorizes RMIL to identify borrowers; collect, process, and submit loan applications; promote credit groups.take up post-sanction monitoring, follow-up, and recovery. As the …
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