CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following bank has launched the country’s first digital account opening process on mobile.
A
YES Bank
B
IDFC Bank
C
Lakshmi vilas Bank
D
Kotak Mahindra Bank
Explanation: 

Detailed explanation-1: -ICICI Bank | ICICI Bank launches ‘Pockets’, India’s first digital bank on a mobile phone.

Detailed explanation-2: -IndusInd Bank has recently launched a mobile application-based facility for opening a current account, thereby becoming the first bank in the country to do so.

Detailed explanation-3: -The Bank of Scotland was the first bank to provide electronic home banking services to its clients in 1985. The first website for banking services was launched by Stanford Credit Union in 1994 and is a milestone in the history of digital banking.

Detailed explanation-4: -India’s largest private sector bank, ICICI launched the “ATM on Wheels” country first Mobile ATM, in Mumbai. It was connected to the bank through the GPRS technology.

Detailed explanation-5: -Digital banking started taking shape in India during the late 1990s. ICICI bank was the first one to introduce this service to their retail customers.

There is 1 question to complete.