Which of the following public sector banks recently became the first to launch the Instant Money Transfer (IMF) scheme which is a innovative domestic money remittance facility from ATMs without an account in the bank?

Which of the following public sector banks recently became the first t

1.	Which of the following public sector banks recently became the first to launch the Instant Money Transfer (IMF) scheme which is a innovative domestic money remittance facility from ATMs without an account in the bank?
Answer» State Bank of India Axis Bank Punjab national bank Bank of India Solution :Bank of India, in MARCH 2014, launched IMT (Instant Money Transfer), which allows cardles CASH withdrawl at its IMT-enabled ATMs, a first-of-its kind initiative by any public sector bank. IMT allows the CUSTOMER to send money to a receiver only by using the receiver's mobile number through the bank's ATM and retial internet banking facility.