SBI YONO 2.0 Launch: State Bank of India Reportedly Targets 20 Crore Users, Plans to Hire 6,500 Staff
SBI YONO 2.0 was launched in India on Monday by the State Bank of India (SBI). The new platform integrates the financial institution's mobile banking app and its internet banking portal into a single backend architecture, allowing it to share resources while offering seamless switching between the two. Additionally, it also has enhanced security features and simpler KYC and e-KYC processes. This comes nearly eight years after the launch of YONO, SBI's first banking platform.
