Mobile banking services by SBI & UBI
To ensure faster access to its customers, two state-owned banks—State Bank of India and Union Bank of India—are planning to launch mobile banking services by June end. Other full-banking services that will be offered include account-to-account money transfer, mobile payments, and account-status enquiry.
UBI join hands with Emkay
Union Bank of India has signed a memorandum of understanding with stock-broking company Emkay Share and Stock Brokers to offer online trading services to its customers. To gain access to this facility, bank customers need to have a demat account with UBI and a trading account with Emkay