SBI PO 21 June 2014 Paper

Bank of India, on Monday,in March 2014, launched IMT (Instant Money Transfer),which allows cardless cashwithdrawal at its IMT-enabledATMs, a first-of-its-kind initiativeby any public sectorbank. IMT allows the customerto send money to a receiveronly by using the receiver’smobile number through thebank’s ATM and retail internetbanking facility.