Guwahati, Jan. 21 -- Northeast Frontier Railway (NFR) has taken a major step towards strengthening financial efficiency, safety and transparency by signing a Memorandum of Understanding (MoU) with the State Bank of India (SBI) for providing cash pick-up facilities at 400 stations across the NFR network.

The MoU was signed at the NFR Headquarters in Maligaon, Guwahati, in the presence of Chetan Kumar Shrivastava, General Manager, Northeast Frontier Railway, along with senior officials of the State Bank of India and NFR.

The initiative marks an important milestone in improving cash management practices across the railway system.

Under this arrangement, SBI will provide a secure and organised mechanism for cash pick-up from designated sta...