More and more customers are opting for mobile banking facility. According to banks data in the last two months there have been increase in the number of customers registering for mobile banking facility. The main reason behind this increase is a steep rise in small-value transactions.
A senior SBI official informed that in the last two months more than 20,000 customers have opted for mobile banking and in the future more are expected to add.
The official told press, "Both customers and bank branches have realized the immense potential of this service, especially when it comes to small value transactions. We have seen more number of customers availing this service in the July-August period."
As on date around 33,000 clients have registered for mobile banking with SBI as against 10,000 in May this year.
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