IRCTC, a PSU of Railways which handles catering, tourism and Internet ticketing activities, and the SBI have signed an MoU which will also undertake development of Unreserved Ticketing System and such other services which can be jointly undertaken.
We will jointly explore areas of cooperation and draw up a detailed plan for promotion of rail ticketing activities, said a senior IRCTC official.
In addition, both will offer services jointly, subject to financial viability.
The MoU was signed by IRCTC CMD A K Manocha and Arundhati Bhattacharya, CMD, SBI on July 18.
The MoU also envisages for undertaking activities which can provide value to customers and bring about synergy in working of both the organisations.