BLS E-Services acquires Starfin India for an undisclosed amount

BLS E-Services today said it has acquired Starfin India, a banking business correspondent of State Bank of India, for an undisclosed amount.

The company, which is a wholly-owned subsidiary of BLS International, has over 1,500 active customer service centres, BLS E-Services said in a statement.

Starfin has a network of Customer Service Centres (CSCs) across 11 states through which it caters to banking services to millions of customers.

"This acquisition will not only provide major growth opportunities to BLS and will strengthen our presence in B2C services in India," BLS International JMD Shikhar Aggarwal said.

With Starfin the company aims to enable every consumer to seamlessly benefit through financial and social inclusion, Digital India and different government programmes to provide a wider access to basic services, he added.

BLS International is amongst the world's leading specialist service provider for outsourcing of visa, passport, consular, attestation and citizen services.