Jammu and Kashmir State Cooperative Bank (JKSCB) has entered into an MoU with Axis Bank to launch PoS (Point of Sale) services for its customers, thus, becoming the first cooperative bank in the state to introduce the service, reports local media outlet.
According to a statement of the JKSCB, a function was held at the corporate office which was presided over by chairman of the bank MS Dar and attended by M Lateif, MD SCB, Abdul Rashid Mir, GM SCB, Sheikh Moin Cluster Head Axis Bank and other senior officers of both the banks.
The services will be provided in partnership with the AXIS Bank.