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Date: 02/05/2025

SBI inks MoU with Land Ports Authority for banking services

State Bank of India (SBI) has signed a Memorandum of Understanding (MoU) with the Land Ports Authority of India (LPAI) to strengthen banking services infrastructure across 26 land ports bordering neighbouring countries. LPAI currently operates 15 land ports across 8 border states adjoining Nepal, Bangladesh, Bhutan and Myanmar, with 11 more ports sanctioned across states including Uttar Pradesh, Bihar, Mizoram, Uttarakhand and West Bengal. 
 
Source: Exim News Service: Mumbai, May 1



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