Name the Bank which has launched SIMsePAY, a unique innovation that allows any account holder to do money transfers, pay utility bills and other mobile banking services, without the need for smartphones or internet.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	State Bank of India
B	HDFC Bank
C	ICICI Bank
D	Yes Bank

Explanation:

Detailed explanation-1: -With a view to provide mobile financial services YES BANK introduced a wafer thin SIMsePAY sticker. The sticker provides power of money on your SIM.

Detailed explanation-2: -The Reserve Bank of India on Tuesday launched a new service to enable UPI payments for non-smartphone users.

Detailed explanation-3: -The Rabobank in the Netherlands held the remaining 75% of the shares in the non-banking financial business. The three Indian promoters each owned 25% of the company. In 2003, it was rebranded as the Yes Bank.

Detailed explanation-4: -YES BANK is a full service commercial bank providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients.

There is 1 question to complete.