โ€˜SBI to double app users to 20cr in 2 yrsโ€™
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โ€˜SBI to double app users to 20cr in 2 yrsโ€™

Mumbai: SBI plans to double its mobile banking customer base to 20 crore over the next two years from 9.4 crore with the launch of Yono 2.0, chairman C S Setty said on Tuesday. To help customers transition to the new digital platform, the bank will expand its in-branch digital support network to 10,000 floor managers across the country by March. โ€œThis is not simply a mobile application,โ€ Setty said at the press conference. โ€œWe have rewritten the entire internet banking code, which will now be called Yono Net Banking, and alongside that we have launched a completely reimagined mobile app.โ€ Setty said digital onboarding sharply reduces acquisition expenses.

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