New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which bank  has launched ‘Sarathi’, a

    first-of-its-kind digital onboarding journey to enable Electronic Data Capture (EDC) or Point of Sale (POS) for merchants?
    A HDFC Bank Correct Answer Incorrect Answer
    B Axis Bank Correct Answer Incorrect Answer
    C Federal Bank Correct Answer Incorrect Answer
    D YES Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Axis Bank, one of the largest private sector banks in India, has launched ‘Sarathi’, a first-of-its-kind digital onboarding journey to enable Electronic Data Capture (EDC) or Point of Sale (POS) for merchants. Unlike the cumbersome traditional onboarding process that can take several days, Sarathi provides a seamless and hassle-free experience for merchants. Sarathi is built to provide merchants with a smooth and effective experience. The paperless onboarding process eliminates the need for merchants to fill out cumbersome forms or wait for extended periods to have their POS terminals installed.

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