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State Bank Of India
BSE: 500112 | NSE: SBIN
Large Cap | Bank - Public
1062.80
9.90 (0.94%) SBI launches ‘mPassBook’ facility for retail banking users
Date: 27-10-2014State Bank of India (SBI), the nation’s biggest lender, has launched a facility called ‘mPassBook’, on its ‘State Bank Anywhere’ mobile application, for its retail banking users. mPassBook is an electronic application of a physical passbook for savings bank and current accounts.
The facility is currently available on android phones and will be available on IOS and Blackberry phones soon. It records transactions from the first day of its usage and they get directly synced into the passbook.
The application which was launched 6 months ago received a good response from users with over 1.5 million downloads with an average user rating of 4.4 out of five.