Dimapur, May 3 -- The Nagaland police department on Saturday signed a memorandum of understanding (MoU) with the State Bank of India for police salary package account (PSPA) and to provide better financial services and welfare to serving police personnel.

The MoU was signed by Nagaland DGP Rupin Sharma and general manager, SBI, NW-II Guwahati circle, Dhruba Charan Bal at a ceremony organised at the PHQ conference hall in Kohima in the presence of senior officers of both Nagaland police and State Bank of India, a release said.

Under the agreement, the SBI will offer a wide range of financial packages to Nagaland police personnel. These include upgraded insurance benefits of Rs I crore for personal accidental cover, upgraded air accidenta...