CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Bank has launched a digitized version for opening Savings Bank account through TAB banking on the spot?
A
Mysore Bank
B
SBI
C
Karnataka Bank
D
Karur Vysya Bank
Explanation: 

Detailed explanation-1: -A digital savings account is paperless, fast and secure way for opening an account on a digital platform. With the help of a digital savings account, the account holder can avail banking services like instant transfer, phone banking, SMS banking etc. Additionally, there are free email and SMS alerts.

Detailed explanation-2: -SBI Digital Savings Account is an online savings account for new to bank customers. If you don’t have an SBI account and don’t want to use your Aadhaar card, you can open SBI Digital Savings Account. After the single bank visit, the account is activated and is a full-fledged savings account.

Detailed explanation-3: -Digital account opening (DAO) is the process of empowering an applicant to quickly, easily, and securely open an account digitally. Digital is now the “everyday” banking channel, and DAO is accelerating at a rapid pace.

There is 1 question to complete.