CSC SPV Signed MoU With IDBI Bank for VLE as Banking Correspondents
CSC SPV signed an MoU with IDBI Bank to On-board IDBI as sponsor bank for DigiPay. With effect from this agreement, IDBI will be able to appoint CSCs as BC and settle AePS transactions for CSC SPV.
With this MoU between CSC SPV and IDBI Bank, VLEs can able to work as a Banking Correspondents (BC) of IDBI Bank.