SBI launches digital wallet MobiCash in alliance with BSNL

• India's largest lender State Bank of India, in partnership with state-run telco BSNL has launched its mobile wallet application ‘State Bank MobiCash’ for smartphones as well as feature phones. 
• It will enable users to deposit cash through BSNL retail outlets and withdraw funds from their accounts. 
• This comes amid the government pushing for shift to cashless economy following demonetisation