CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank launches YONO, an Integrated app for Financial Services?
A
State Bank of India
B
Yes Bank
C
Dena Bank
D
Canara Bank
Explanation: 

Detailed explanation-1: -YONO (You Only Need One) is an integrated digital banking platform offered by State Bank of India (SBI) to enable users to access a variety of financial and other services such as flight, train, bus and taxi bookings, online shopping, or medical bill payments.

Detailed explanation-2: -SBI launched ‘You Only Need One’ (YONO) in 2017 as a digital app catering to banking, as well as lifestyle needs of customers in a seamless omnichannel manner. YONO has three facets, namely DB for seamless and intuitive banking services.

Detailed explanation-3: -The YONO platform of the State Bank of India is a significant technology upgrade giving the bank a technology edge. It provides powerful financial tools and merchant partner deals to the bank customers through the mobile phone application, allowing better customer engagement.

Detailed explanation-4: -To safeguard the interest of its customers, the State Bank of India (SBI) has launched a new security feature–SIM Binding in YONO and YONO Lite.

There is 1 question to complete.