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State Bank of India to unveil Project Lotus; here is how you can gain

A superstore that gives you exclusive deals when you shop for shoes or smartphones. Lets you check out homes within your budget. Saves you interest even if you pay for a purchase in installments. And lets you sell shares or cherry-pick a mutual fund scheme. In addition to helping you keep track of your spends.That’s the new digital platform from State Bank of India (SBI) — code-named Project Lotus — to be unveiled both as a website and an app. What will be unique about the portal is the large universe of retailers and the wide range of goods and services that customers will have access to. And also the easy payment terms, sans interest if the e-retailer is willing.The country’s largest lender is hoping Project Lotus — which promises to take care of practically every consumer need online — will help it not just add but also retain customers, especially among the younger generation.

News Source:- http://www.financialexpress.com/industry/banking-finance/state-bank-of-india-to-unveil-project-lotus-here-is-how-you-can-gain/852561/