Axis Bank to offer electronic signature facility to its customers

Axis Bank to offer electronic signature facility to its customers

Question: Which bank recently partnered with the e-Mudhra to facilitate the electronic signature facility to its customers?

(a) SBI Bank
(b) Axis Bank
(c) Dena Bank
(d) UCO Bank

Ans (b)

Related facts:

  • According to the release made by Axis Bank on 18 December 2015 it has partnered with a digital security company,e-Mudhra to facilitate digital signature facility to its customers.
  • After this partnership Axis Bank become the first bank in the country to provide customers with digital signature facility to its customer.
  • The new service will facilitate an Aadhaar holder to digitally sign a document within seconds.
  • The government had launched “e-sign” services early this year as part of its digital India
  • Axis Bank, taking its Digital Banking initiatives a step forward, has partnered with e-Mudhra Ltd., a leading digital security company, to introduce ‘eSign’

Reference:

http://www.axisbank.com/download/Axis-Bank-to-offer-electronic-signature-facility-to-its-customers.pdf