Correct option is B
The correct answer is: (B). SBI (State Bank of India)
Explanation:
SBI (State Bank of India) launched the 'YONO Cash Point' service, which is a cardless ATM service. With this service, customers can withdraw cash from ATMs without the need for a physical debit or credit card. Instead, they use the YONO app to generate a unique code, which can be used at designated YONO Cash Point ATMs to access cash securely.
Information Booster:
The YONO (You Only Need One) platform by SBI is a digital banking app that provides a wide range of banking and financial services, including cardless cash withdrawals. YONO Cash Point makes ATM transactions more convenient by removing the need for a physical card.
The YONO (You Only Need One) platform by SBI is a digital banking app that provides a wide range of banking and financial services, including cardless cash withdrawals. YONO Cash Point makes ATM transactions more convenient by removing the need for a physical card.
Additional Information:
- HDFC:HDFC Bank was founded in 1994 in India as a private sector bank. HDFC Bank offers an array of digital banking services, such as NetBanking, MobileBanking, and PayZapp, enabling customers to manage accounts and make payments online.
Citi Bank: Citi Bank was founded in 1812 in New York City, USA, under the name City Bank of New York. In 1902, the bank was renamed National City Bank and entered India.
- UBS: UBS (Union Bank of Switzerland) is a global financial services company.
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