The country's largest lender State Bank of India on Friday launched cardless ATM withdrawals with its YONO Cash.
SBI will enable all its 60,000 ATMs in the next six months for this service, which will also be termed as YONO Cash Point.
"This feature on YONO is designed to help its users withdraw cash without a physical debit card. Through YONO, our endeavour is to create a digital universe by integrating the entire transactions ecosystem under one platform in the next 2 years," SBI chairman Rajnish Kumar told reporters here.
Shraddha Landmark inks partnership with HDFC Ergo Mumbai: City-based realty player Shraddha Landmark has partnered with private general insurer HDFC Ergo to adopt title insurance policy for their residential project in the megapolis.
Title insurance refers to insurance for all real estate projects registered with the regulatory body, mandated under the RERA Act 2016.
"The adoption of this policy by Shraddha Landmark will provide their upcoming project and the subsequent buyers with much-needed safety against financial losses that may arise due to defects in the title of the property when the ownership of the property is transferred. It will also build confidence among financiers," HDFC Ergo General Insurance executive director Anuj Tyagi said in a statement here.
Last year, the non-life insurer has partnered with realty player Raheja Universal for its projects.
AIBEA wants defaulters to be barred from polls Vadodara: Nearly 10,000 defaulters needs to be declared ineligible to contest polls if the Election Commission (EC)decides to keep away bank defaulters.
There are10,000 bank defaulters includingprominent defaulters namely VijayMallya, Lalit Modi, Mehul Chokshi and Jatin Mehta. We urge the Commission to disqualify wilful defaulters holding high positions from contesting the upcoming Lok Sabha polls," The All India Banking Employees Association (AIBEA) general secretary C H Venkatachalam told reporters here.
Venkatchalam alsodemandedthat the government should infuse Rs 5 lakh crores capital in public sector banks for enhancing the lending capacity of state owned banks and help in generating jobs for millions of jobless youths and reviving the economy.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)