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SBI introduces digital facility for Non-Resident Indians

18 Sep 2023 Evaluate

State Bank of India has introduced a digital facility for Non-Resident Indians (NRIs) to effortlessly open NRE and NRO accounts (both savings and current accounts) through its mobile app YONO. This service is designed for NTB or 'new to bank' customers, providing them with ease and efficiency in the account opening process. 

This initiative fulfils a long-standing demand from NRI customers for a hassle-free way to open and manage their accounts in India. The bank has leveraged technology to create a seamless, digitized account opening process that ensures efficiency and accuracy, making it a one-stop solution for NRI banking needs.

State Bank of India (SBI) is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

State Bank Of India Share Price

1096.05 11.20 (1.03%)
07-Aug-2026 16:59 View Price Chart
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Company Name CMP
State Bank Of India 1096.05
PNB 114.70
Bank Of Baroda 250.00
Canara Bank 131.50
Union Bank Of India 183.35
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