SYNDICATE BANK INKS PACT FOR E-STAMP VENDING

Syndicate Bank has signed a memorandum of agreement with Stock Holding Corporation of India Ltd, for e-stamp vending across the country. The Stock Holding Corporation of India is the central record keeping agency (CRA), appointed by the Government of India, for the e-stamp project. Initially, the bank will undertake e-stamp vending in Karnataka at 200 identified branches in a phased manner. A total of 40 branches have been designated for e-stamp vending in Bangalore alone, and nine others in the rest of the State

Source: http://www.thehindubusinessline.com/2010/05/19/stories/2010051951301900.htm