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 available to existing as well as non-SBI customers.
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 Chairman 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.
The app is available on Google Play Store, at present, and soon will be launched on Apple App Store. The bank also launched SBI Foundation, which will be the implementing agency for corporate social responsibility (CSR) activities of the lender. 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 bank also handed over a cheque of Rs 97.37 lakh for implementation of sanitation project in Sawai
Madhopur, Rajasthan.