Question
Which public sector bank has announced the introduction
of Real-Time Xpress Credit on its digital platform?Solution
State Bank of India (SBI) has announced the introduction of Real-Time Xpress Credit on its Yono platform, allowing eligible customers to get personal loans of up to Rs 35 lakh. The bank said its flagship personal loan product for salaried customers “Xpress Credit” now has a digital avatar and customers can now avail of it through Yono.
The Bima Sugam platform, soon to be launched by IRDAI, is designed to:
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