Question

    Which bank has launched ‘Iris’ a mobile banking application that hosts services like opening a savings account, applying for a credit card or loan, booking recurring or fixed deposits, and investment and insurance options?

    A Kotak Mahindra Bank Correct Answer Incorrect Answer
    B YES Bank Correct Answer Incorrect Answer
    C ICICI Bank Correct Answer Incorrect Answer
    D HDFC Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Yes Bank has launched ‘iris by YES BANK’, a mobile banking application that hosts services like opening a savings account, applying for a credit card or loan, booking recurring or fixed deposits, and investment and insurance options. It also features biometric authentication, sim-binding as well as 2-factor verification that enhances security.

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