Raipur

BSP, SBI ink MoU for 'e-Handshake services'

Staff Reporter

Bhilai Steel Plant (BSP) has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI) for commencing of e-Handshake services, a BSP press release informed.

This will enable customers to use all modes of payments, including Unified Payment Interface (UPI).

On this occasion, a new module developed by C&IT for online payment of Township bills by consumers was deployed.

This module will enable the consumers of Township services, to pay their bills on-line, at the click of a button, from the comfort of their homes.

The bills pertain to the utilities provided by BSP like electricity, water, etc., and property tax, ground rent and services charges.

The application, interfacing with SBI’s e-Handshake platform has been designed in a generic and modular manner. This software can be extended to all payments received by BSP like EMD payments for e-procurement, Payments by customers who buy BSP products through local sales route, and other miscellaneous payments.

 The MOU was exchanged by CEO, BSP, M.Ravi and CGM, SBI,  K.T.Ajith, in the presence of all Executive Directors and senior officials of BSP and dignitaries of SBI.

At the outset,  Rajesh Nair, DGM, Finance, welcomed the gathering and spoke about the events leading to the formalization of e-Handshake agreement between the two PSUs.

CEO, BSP,  M.Ravi, while speaking on the occasion, said that BSP is expanding to be a 7 MT steel plant and the total business will increase by 40%.

He stated that the present site to site integration will enable all sorts of digital receipts, facilitating our customers to make payments with all bank credit and debit cards.

CGM, SBI, K T Ajith, spoke of greater collaboration between SBI and BSP.

He mentioned products of SBI like e-Tendering which are suited to BSP’s needs.