MoU on Defence Salary Package signed between Indian Army and State Bank of India. A Memorandum of Understanding (MoU) was signed between the Indian Army and SBI on the Defence Salary Package on 12 July 2018. The signing in ceremony was chaired by adjutantGeneral Lt Gen. Ashwini Kumar and was attended by top officials of State Bank of India headed by P.K. Gupta, Managing Director (Retail and Development Banking)