Outlook Money reports Jana Small Finance Bank, a Bengaluru-based small finance bank, inked an MOU with HCBL Co-operative Bank, Lucknow, and Mysore Merchants Co-operative Bank, Mysore to offer digital and payments facilities to the respective banks as sponsored by RBI.
The agreement will make things a lot easier for cooperative banks through digital transactions powered by Jana SFB.
The two UCBs together with Jana Small Finance Bank can offer ATM, POS, and e-commerce facilities to its customers.