{"id":224237,"date":"2020-01-15T12:30:46","date_gmt":"2020-01-15T07:00:46","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=224237"},"modified":"2020-01-15T11:19:03","modified_gmt":"2020-01-15T05:49:03","slug":"mou-between-scr-of-indian-railways-and-sbi-for-doorstep-banking-covering-all-585-stations-of-the-zone","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2020\/01\/15\/mou-between-scr-of-indian-railways-and-sbi-for-doorstep-banking-covering-all-585-stations-of-the-zone\/","title":{"rendered":"MoU between SCR of Indian Railways and SBI for Doorstep Banking covering all 585 Stations of the Zone"},"content":{"rendered":"<p style=\"text-align: justify;\">A <strong>Memorandum of Understanding<\/strong> was signed between South Central Zone of Indian Railways and State Bank of India for Doorstep Banking for direct pickup of earnings covering all 585 Railway stations over SCR Zone. The direct pick up of cash from all the railway stations on SCR as per the MoU dispenses with the tedious and complex activity of movement of cash earnings through \u201cCash Safes\u201d by trains. This will enable the hassle-free collection of traffic earnings by SBI and remittance into Government account avoiding delay in transmission of traffic cash earnings.<\/p>\n<p style=\"text-align: justify;\">The MoU was signed by Dr B.S.Christopher, Chief Commercial Manager, Freight Services and Shri J.Meghanath, Financial Advisor and Chief Accounts Officer, Traffic on behalf of South Central Railway and Shri Surendra Nayak, Deputy General Manager, Digital and Transaction Banking Unit, SBI, Hyderabad Circle.<\/p>\n<p style=\"text-align: justify;\">Major benefits from the MoU are as follows:<\/p>\n<ul>\n<li style=\"text-align: justify;\">All the railway stations will have a uniform cash remittance mechanism.<\/li>\n<li style=\"text-align: justify;\">Real-time information about the cash being deposited by different stations which will help in better supervision and accountability.<\/li>\n<li style=\"text-align: justify;\">Avoidance of unwanted accumulation of cash at railway stations.<\/li>\n<li style=\"text-align: justify;\">Smart way of remittance of station earnings.<\/li>\n<\/ul>\n<hr \/>\n<p><strong>Ministry of Railways<\/strong><\/p>\n<p style=\"text-align: right;\"><strong>[Press Release dt. 14-01-2020]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Memorandum of Understanding was signed between South Central Zone of Indian Railways and State Bank of India for Doorstep Banking for <\/p>\n","protected":false},"author":8808,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,8],"tags":[],"class_list":["post-224237","post","type-post","status-publish","format-standard","hentry","category-news","category-treaties_conventions_internationalagreements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - 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part of India\u2019s contribution towards mitigation of global warming and combating climate change. To carry forward this green initiative, an MoU was signed between Ministry of Railways and Confederation of Indian Industries (CII) for facilitation of green initiatives in Indian Railways\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":221617,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/10\/31\/ministry-of-railways-signs-memorandum-of-understanding-with-indian-school-of-business\/","url_meta":{"origin":224237,"position":1},"title":"Ministry of Railways signs Memorandum of Understanding with Indian School of Business","author":"Bhumika Indulia","date":"October 31, 2019","format":false,"excerpt":"The MoU signed formalizes a strategic partnership between Indian Railways and Indian School of Business (ISB) Ministry of Railways and the Indian School of Business (ISB) signed a Memorandum of Understanding (MoU)here today for a strategic partnership. It was signed by Shri Vinod Kumar Yadav, Chairman, Railway Board and Professor\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7270,"url":"https:\/\/www.scconline.com\/blog\/post\/2015\/08\/14\/mou-s-signed-by-indian-railways-to-save-power-and-improve-efficiency\/","url_meta":{"origin":224237,"position":2},"title":"MoU\u2019s signed by Indian Railways to save power and improve efficiency","author":"Sucheta","date":"August 14, 2015","format":false,"excerpt":"On 12.08.2015, four Memorandum of Understandings were signed between Ministry of Railways, Ministry of Power & Ministries of New & Renewable Energy and their organizations for cooperation in the areas of Electricity Transmission, Energy Conservation and promotion of Renewable Energy in a time bound manner. MoU between Ministry of Power\u2026","rel":"","context":"In &quot;Treaties\/Conventions\/International Agreements&quot;","block_context":{"text":"Treaties\/Conventions\/International Agreements","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/treaties_conventions_internationalagreements\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":224075,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/01\/09\/mou-between-india-united-kingdom-for-enabling-energy-self-sufficiency-for-indian-railways-approved-by-cabinet\/","url_meta":{"origin":224237,"position":3},"title":"MoU between India &#038; United Kingdom for Enabling Energy Self Sufficiency for Indian Railways &#8212; Approved by Cabinet","author":"Bhumika Indulia","date":"January 9, 2020","format":false,"excerpt":"Union Cabinet has given its approval forsigning a Memorandum of Understanding (MoU) with the Department for International Development (Government of United Kingdom) on 02.12.2019 for Enabling Energy Self-Sufficiency for Indian Railways. Implementation Strategy and targets The\u00a0\u00a0 MoU\u00a0\u00a0 signed\u00a0\u00a0 by\u00a0\u00a0 Ministry\u00a0\u00a0 of\u00a0\u00a0 Railways\u00a0\u00a0 with\u00a0\u00a0 Department for\u00a0\u00a0 International Development (Government of United\u2026","rel":"","context":"In &quot;Cabinet Decisions&quot;","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27621,"url":"https:\/\/www.scconline.com\/blog\/post\/2015\/12\/05\/ministry-of-railways-commits-towards-conservation-of-water\/","url_meta":{"origin":224237,"position":4},"title":"Ministry of Railways commits towards conservation of water","author":"Sucheta","date":"December 5, 2015","format":false,"excerpt":"On 3-12-2015, a Memorandum of Understanding (MoU) regarding use of Non-potable water released after treatment from sewage\/effluent treatment plants located in Ganga and Yamuna River zones for Railway purpose was signed between Ministry of Railways and Ministry of Water Resources, River Development & Ganga Rejuvenation. The MoU provides that water\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38201,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/03\/03\/memorandum-of-understanding-signed-between-india-and-sweden-on-technical-cooperation-in-rail-sector\/","url_meta":{"origin":224237,"position":5},"title":"Memorandum of Understanding signed between India and Sweden on Technical Cooperation in Rail Sector","author":"Sucheta","date":"March 3, 2016","format":false,"excerpt":"On February 15, 2016, a Memorandum of Understanding (MoU) \u00a0has been signed between Ministry of\u00a0 Railways and the Ministry of Enterprise and Innovation of the Kingdom of Sweden on Technical Cooperation in Rail Sector. MoU was signed by Mr. Girish Pillai, Adviser \/ Infrastructure on behalf of \u00a0Ministry of Railways\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/224237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=224237"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/224237\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=224237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=224237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=224237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}