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    Question

    Smart Saathi, it is a digital distribution platform that

    leverages technology and brings in ease for business correspondents and agents can deliver a host of banking products and services to customers, especially in semi urban and rural areas.Which bank has rolled out this platform?
    A HDFC Bank Correct Answer Incorrect Answer
    B Axis Bank Correct Answer Incorrect Answer
    C ICICI Bank Correct Answer Incorrect Answer
    D Federal Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    HDFC Bank will start on-boarding agents of its corporate business correspondents digitally who can extend services to semi-urban and rural areas, a move that will help the lender achieve its priority sector (PSL) lending targets.    Christened Smart Saathi, it is a digital distribution platform that leverages technology and brings in ease for business correspondents and agents. With this, they can deliver a host of banking products and services to customers, especially in semi urban and rural areas.   Smart Saathi will enrol agents of business correspondents like Common Services Centers. India Post Payments Bank has also partnered with HDFC Bank for distribution of banking products and services in semi-urban and rural areas.

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