2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ICICI
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HDFC
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DCB Bank
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Dena Bank
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Detailed explanation-1: -MUMBAI: In a first for any domestic bank, small-sized lender DCB Bank has started an Aadhaar-based ATM usage facility wherein a customer can transact using his biometric details instead of the PIN. “We have started the first ATM in the country which operates using the Aadhaar data.
Detailed explanation-2: -By India Today Web Desk: The DCB bank has become the first of its kind to start Aadhaar-based ATM usage facilities wherein a customer can transact using his Aadhaar card details.
Detailed explanation-3: -The bank increased its ATMs from 328 in FY 2015 to 410 in FY 2016.In March 2016 DCB Bank launched India’s first Aadhaar based biometric fingerprint ATM on a pilot basis.
Detailed explanation-4: -Corporation Bank has launched Corp RuPay Aadhaar card. A bank release said here that this product is primarily aimed at providing easy and hassle-free banking services to the financially excluded and underprivileged sections of the society having Aadhaar number.
Detailed explanation-5: -Edging over competitors, DCB Bank launched first of its kind ATM, that will not require a debit card to dispense cash as the machine will instead verify the customer’s Aadhar card details including the iris and the fingerprint of the customer.