MoneyWorks4Me

SBI expects mobile banking transactions at 3,360 lakh in FY19

13 Jun 2018 Evaluate

State Bank of India (SBI) is expecting growth in the mobile banking transactions at 3,360 lakh, amounting to Rs 7,56,000 crore during financial year 2018-19 as against 2,706 lakh number of its mobile banking transactions reported in financial year 2017-18.

As on March 31, the bank had over 305 lakh registered users of mobile banking channel.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

Peers
Company Name CMP
State Bank Of India 940.65
PNB 115.50
Bank Of Baroda 234.10
Canara Bank 117.20
Union Bank Of India 172.95
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