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Yono 2.0 likely to launch by end of December: SBI Chairman C S Setty

Aim to have 20 crore mobile banking customers

C S Setty, Challa Sreenivasulu Setty, Chairman, State Bank of India (SBI) (Photo: Kamlesh Pednekar)
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Challa Sreenivasulu Setty, Chairman, State Bank of India (SBI) | (Photo: Kamlesh Pednekar)

BS Reporter Mumbai

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State Bank of India is likely to launch its upgraded version of mobile banking app Yono 2.0 by the end of December. The new version will be capable of handling 200 million customers, said SBI Chairman C S Setty. 
“We are aiming for a commercial launch in the current quarter, mostly at the end of December. You will see a brand new app of Yono 2.0, more intuitive. We have completely refreshed the technology,” said Setty. 
The country’s largest lender has 93 million mobile banking customers and 100 million internet banking users. “For them to have a common experience, we