केनरा बैंक ने एटीएम निकासी के लिए ओटीपी सुविधा शुरू की

Canara Bank launches OTPs for ATM withdrawals over Rs. 10,000

Points to Remember:

  • State-run Canara Bank said it has launched India’s first one-time password (OTP) facility for ATM withdrawals.
  • The facility, which is activated for cash withdrawals over Rs. 10,000 per day at its ATMs, will protect its card-holders from unauthorised withdrawals, the bank said.
  • Motto behind: The additional factor of authentication protects from unauthorised ATM cash withdrawals
  • Note: This will be applicable on ATM cash withdrawals of Rs. 10,000 in a day
  • Earlier this year, SBI had announced the launch of YONO Cash using which customers can withdraw money from ATMs without using a card.

About Canara Bank:

  • Canara Bank is one of the largest public sector banks owned by the Government of India.
  • It is headquartered in Bengaluru.
  • It was established at Mangalore in 1906 by Ammembal Subba Rao Pai.
  • It is one of the oldest public sector banks in the country.
  • Tagline: Together we can
  • MD & CEO: R A Sankara Narayanan
Important Possible questions based on above News:
  1. Recently which public sector lender has launched OTP facility for ATM withdrawls over Rs. 10000 a day? Canara Bank
  2. Yono Cash facility, in which customers can withdraw money from ATMs without using a card is provided by which bank? SBI
  3. What is the Tagline of Canara bank? Together we can
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