A road show was organised at the Gajuwaka branch of State Bank of India (SBI) here on Tuesday as part of the Vizag Digital Dhan Sankalp project, an initiative of the Government of AP, to make Visakhapatnam as the country’s ‘first less-cash city’ in India.
Deputy General Manager of SBI M. Diwakar and Additional Commissioner of the Greater Visakhapatnam Municipal Corporation (GVMC) Varma flagged off the campaign at Gajuwaka.
Mr. Diwakar said SBI had partnered with GVMC to promote the use of digital transactions by merchants and traders. He said SBI in association with Visa would act as a banking partner, in this initiative, which was designed to make Vizag as the first ‘less-cash’ city in the country.
Digital payment
SBI would utilise its branch network and marketing teams to promote the digital payment mode among traders by telling them about the benefits of extending digital mode of payment options to their customers. Mr. Varma said the large branch network of SBI would come in handy in the promotion of digital payment options among the traders. GVMC has about 7,500 employees, including contract workers, and they would also be utilised for creating awareness among the traders on the benefits of digital transactions. SBI RM G.V. Shastry and liaison officer R.R. Naidu were present.
