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In June 2020, which bank has relaunched its Aadhaar-based instant digital savings account facility for customers who want to open an online account using the Yono platform?

In June 2020, which bank has relaunched its Aadhaar-based instant digital savings account facility for customers who want to open an online account using the Yono platform? Correct Answer SBI

  • The State Bank of India (SBI) has relaunched its Aadhaar-based instant digital savings account facility for customers who want to open an online account using the Yono platform.
  • Yono is the lender’s integrated banking and lifestyle platform.
  • The ‘insta savings bank account’ will offer a complete paperless and instant digital savings account opening with just PAN and Aadhaar number.
  • SBI:
    • Founded - 1 July 1955.
    • Chairperson - Rajnish Kumar.
    • Headquarters - Mumbai.

Related Questions

Re-arrange the following sentences into a meaningful paragraph. (A) comes into effect from today. The bank's savings account rate was 3.5 per cent during March 2003 to May 2011 for all savings bank account customers (B) The bank's decision comes two days ahead of RBI's monetary policy meet and is likely to trigger (C) with deposits of above Rs 1 crore, it said in a statement. The two-tier savings bank account interest rate (D) to 3.5 per cent, lowest in six years, a decision that will impact 90 per cent of its customers (E) The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts (F) SBI today cut interest rate on savings bank account deposits up to Rs 1 crore by 0.5 per cent (G) rate war among peers. SBI's savings bank account base is of around Rs 9 lakh crore.
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