Question

Considering the provided facts, what is a unique feature of SBI's ATM deployment?

• A. They only deploy ATMs inside bank branches.
• B. They were the first to implement drive through ATMs.
• C. They established India's first floating ATM.
• D. They do not use ATMs.

Answer 1

Answer:

C. They established India's first floating ATM.

State Bank of India (SBI)

• India's largest public sector commercial bank.

• Bank with largest number of branches in India.

• Bank with largest number of branches outside India.

• First Indian bank to open a branch in Israel.

• The bank established India's first floating ATM.

• Former name of State Bank of India- Imperial Bank