State Bank Of India

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.