State Bank of India is also expanding its business abroad. Now SBI will launch banking mobile app ‘YONO Global’ in Singapore and America, which will provide digital remittance and other services to its customers. Let us know about it…
SBI News: SBI, which is counted among the big banks of the country, has crores of customers. SBI is the largest bank among public banks. Different types of facilities are provided to customers through SBI. At the same time, SBI also provides a lot of facilities to the people through its Yono app. However, now a big update has come out regarding Yono app. This can also have an impact on people.
SBI
Actually, State Bank of India (SBI) wants to establish its presence in Singapore and America soon. For this, banking mobile app ‘YONO Global’ will be launched by SBI, which will provide digital remittance and other services to its customers. Through Yono Global, SBI will expand its business in Singapore and America. YONO Global services are already being provided by SBI in many countries.
Yono Global
“We continue to invest in YONO Global to provide the best services available,” Deputy MD (IT) Vidya Krishnan said on the sidelines of the Singapore Fintech Festival (SFF). We want to provide a better experience to our customers.” The three-day Singapore Fintech Festival (SFF) will conclude on November 17. Krishnan also interacted with Singapore-based digital platform supporters as well as the local regulator and central bank, the Monetary Authority of Singapore (MAS).
Services in multiple countries
“Given the large number of Indian expatriates in Singapore, we are continuously working on remittances between India and Singapore,” he said. SBI currently offers ‘YONO Global’ services in nine countries. It was started from Britain in September 2019. The ‘balance sheet’ of SBI’s foreign operations is about US $ 78 billion. In Singapore, SBI will launch its ‘YONO Global’ app in conjunction with ‘Pay-Now’.
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