SBI To Introduce WhatsApp-Based Banking

State Bank of India (SBI) will offer WhatsApp-based banking to its clients. SBI Chairman Dinesh Khara made the remark while introducing several retail initiatives. He stated intentions to establish an Application Programming Interface (API) banking service for aggregators and corporate clients. Customers using SBI credit cards can continue to use WhatsApp for some banking transactions. These include monitoring outstanding account balances, reward points, account summaries, and card payments.