MoneyWorks4Me

SBI to launch banking mobile app ‘Yono Global’ in Singapore, US

17 Nov 2023 Evaluate

State Bank of India (SBI) is planning to launch its banking mobile app Yono Global in Singapore and the US, offering digitalized remittance and other services to its customers. Currently, SBI offers Yono Global services in 9 countries, starting with the UK operations in September 2019. SBI’s foreign operations have a total balance sheet size of $78 billion. In Singapore, SBI is integrating its Yono Global app with PayNow and aims to launch it soon. 

State Bank of India 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.

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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