1:08 am - Thursday April 25, 2024

SBI Launches Mobile Wallet App Buddy

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SBI Q2 profit falls 33%
SBI Q2 profit falls 33%

Mumbai: The country’s largest lender State Bank of India on Tuesday launched a mobile wallet app, SBI Buddy, in collaboration with Accenture and MasterCard. The service will be also available non-SBI customers.

The mobile wallet app can be used to send money, book tickets for movies, flights, hotels reservation as well as for shopping.

It also has features like reminders to settle dues.

The app was launched by Finance Minister Arun Jaitley, along with Jayant Sinha, Minister of State for Finance and Hasmukh Adhia, Secretary, Department of Financial Services.

“This is one more step in our ambition of becoming the provider-of-choice for customers’ everyday needs, both financial and non-financial. Mobile is going to be at the centre of this transformation and this application will help us strengthen our proposition through this medium,” said SBI chairperson Arundhati Bhattacharya.

The app is currently available on Google Play Store, at present, and will be soon launched on other platforms.

The lender also launched SBI Foundation, which will be the implementing agency for corporate social responsibility (CSR) activities of the lender.

The finance minister unveiled the logo and website of SBI Foundation.

The foundation will promote causes related to education, environment, women empowerment, children welfare and manage all the CSR activities of the SBI Group.

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