RIL joins hands with SBI to launch payment bank
Reliance Industries Limited (RIL) announced that it has signed an agreement with State Bank of India (SBI) for payments bank. RIL promoted RJIL holds pan-India broadband wireless access (BWA) spectrum and has invested Rs 70,000 crore. The venture is expected to be dovetailed with Reliance's ambitious plans to launch a pan-India broadband service network. The service will cover all states, around 5,000 towns and cities, accounting for over 90... Read More