CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the Market share of SBI in mobile banking in India
A
49 %
B
38 %
C
29 %
D
41 %
Explanation: 

Detailed explanation-1: -SBI processed 636 crore transactions through its digital platforms which are 67% of the bank’s total transaction volume. The bank commands almost 25% market share by transaction volume of mobile banking.

Detailed explanation-2: -The country’s largest bank, the State Bank of India (SBI), has a market share of just 0.18 per cent in UPI ( unified payment interface ) transactions, which is fast catching up as the medium of payment in person-to-person (P2P) as well as person-to-merchant (P2M).

Detailed explanation-3: -ICICI iMobile Application. ICICI Bank iMobile App is one of the top-rated mobile banking apps in India.

Detailed explanation-4: -State Bank of India (SBI) is the second biggest public Indian company at the moment, with a global ranking of 105.

There is 1 question to complete.