State Bank Of India

State Bank of India (SBI) is working towards launching the next version of its digital lending platform – Yono (You Only Need One App). As of March 31, 2021, Yono has over 7.96 crore downloads and about 3.71 crore registrations. The bank has onboarded 40,000 overseas customers on the Yono platform as of end-March 2021. The lender is on course to launch Yono in Singapore, Bahrain, South Africa, and the USA by the end of the financial year 2021-22.

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.