"This is one more step in our ambition of becoming the provider of choice for customer's everyday needs, both financial and non-financial. Mobile is going to be the center of this transformation and this application will help us strengthen our proposition through this medium," said SBI Chairperson Arundhati Bhattacharya.
The mobile wallet app can be used to send money to new and registered customers, book for movies, flights, hotels as well as for shopping. It also has features like reminders to settle dues, recharge and pay bills instantly.
State Bank of India also launched SBI Foundation, which will be the implementing agency for corporate social responsibility activities of the lender. The Finance Minister unveiled the logo and website of SBI Foundation.
The foundation will promote, encourage, develop causes related to education, environment, women empowerment, children welfare and manage all the CSR activities of the SBI Group. Jaitley also felicitated Huzaifa Khorakiwala, Executive Director and trustee of Wockhardt Foundation for his exemplary work in the area of sanitation and construction of toilets.
The Finance Minister also felicitated Ramji Ragahvan, founder chairman of Agastya International Foundation, which runs mobile hands on science programme for economically disadvantaged children and teachers of rural areas.
A cheque of Rs 279.50 lakh was also given to Ragahvan for setting up 33 science centers in Maharashtra and funding seven i mobile labs and eight Lab on a bike in Bihar, Odisha, Jharkhand and West Bengal.


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