UBI Launches Multiple Products on its 104th Foundation Day

Current Context: The Union Bank of India (UBI) celebrated its 104th foundation day by launching the Union Vyom App and various other digital products.

• Union Vyom App is UBI’s super app and is a one-stop shop for all financial goods.
• It is equipped to provide consumers with a unique banking experience that goes beyond traditional banking.
• In addition to online transactions, customers can avail of Retail, MSME loan, and credit card, make investments in 5000+ mutual fund schemes, and buy insurance products without any assistance.
• Various other digital products launched by the UBI:

1. Union Sparsh
2. Union Muskaan
3. Union Channel Finance
4. Union Digi-Sahaj
5. Union SARAS

• The UBI is a public sector bank that was established in 1919 with its headquarters in Mumbai. Its first head office was inaugurated by Mahatma Gandhi. Its current CEO and MD is A Manimekhalai.

Question:

Q.1 Who recently inaugurated the Vyom App?
a. SBI
b. PNB
c. UBI
d. BOB