Question: Recently State Bank of India (SBI), largest bank in the country launched “SBI Mingle”. It is a-
(a) Social media banking platform for Facebook and Twitter users
(b) Application Based Banking service
(c) New Venture launched by SBI
(d) None of the above
Ans: (a)
Related facts:
- On 1 July 2016 State Bank of India (SBI), largest bank in the country launched “SBI Mingle”
- It is the social media banking platform for Facebook and Twitter users.
- Using SBI Mingle, the Bank’s customers can do a host of banking services on their Facebook or Twitter at their own convenience.
- This new initiative was launched by Ms. Arundhati Bhattacharya, Chairman, SBI on the occasion of 61st State Bank Day.
- The customers have to register for service through a simple one-time registration process using either their account number or their ATM/Debit Card details.
- After registering they can undertake the various banking facilities available on the platform. Currently balance enquiry, mini statement, funds transfer within SBI as well as interbank and beneficiary management services are available for Facebook.
- On Twitter, using hashtags the customers can find out their account balance and view mini statements.