2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Union Bank of India
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Bank of Baroda
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State Bank of India
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Punjab National Bank
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Detailed explanation-1: -Abhishek Mishra. Explanation: The Union Bank of India (UBI) has launched a digital transformation project called ‘SMBHAV’. Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity and the Government of India holds 83.50 percent in Bank’s total share capital.
Detailed explanation-2: -Abhishek Mishra. Explanation: Union Bank of India has launched UnionNXT and Digital Transformation Project SAMBHAV with an investment outlay of around Rs 1,000 crore for the current financial year 2022-23.
Detailed explanation-3: -Six digital initiatives were launched by the SL Jain, MD and CEO, Indian Bank, along with Sharad Mathur, MD & CEO, Universal Sompo General Insurance Co.
Detailed explanation-4: -Union Vyom App, the super app of the Bank, is a one stop solution for all financial products. The Vyom app is empowered to deliver a unique experience of banking to the customers where customer can do transactions beyond traditional banking.
Detailed explanation-5: -A digital transformation in banking unlocks the speed and innovation of the cloud from anywhere while addressing regulatory compliance, security and resiliency requirements. Explore the cloud.