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SBI drops plan for merchant acquiring business JV with Visa, Elavon

In 2009, the bank had floated a Request For Proposal (RFP) for selection of joint venture (JV) partners for the merchant acquiring business.

Toyota unveiled its Etios Motor Racing series at the Auto Expo 2012
Toyota unveiled its Etios Motor Racing series at the Auto Expo 2012
India's largest lender State Bank of India (SBI) on Tuesday said it has cancelled a proposed merchant acquiring business joint venture with US-based Elavon Incorporation and Visa International.
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