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Yono Lite is a mobile banking application from the State Bank of India. [ 7 ] [ 8 ] Earlier, it was available as "SBI Anywhere Personal" but it was rebranded as "Yono Lite" in 2018, after the introduction of YONO app. [ 9 ] In 2021, Yono Lite saw several updates to protect its users from digital frauds.
In November 2017, the State Bank of India launched an integrated banking platform in India called YONO offering conventional banking functions but also payment services for things such as online shopping, travel planning, taxi booking or online education. [21]
In Indonesia, it owns 76% of PT Bank Indo Monex. State Bank of India already has a branch in Shanghai and plans to open one in Tianjin. [47] In Kenya, State Bank of India owns 76% of Giro Commercial Bank, which it acquired for US$ 8 million in October 2005. [48] SBI South Korea In January 2016, SBI opened its first branch in Seoul, South Korea.
The State Bank of India (SBI), the largest scheduled commercial bank in India, is the largest shareholder in Yes Bank, holding 23.99% of the shares. [36] Yes Bank has also received investments from international private equity firms, namely Advent International and The Carlyle Group. [37] [38] Largest shareholders
It then partnered with the State Bank of India and incorporated Jio Payments Bank Limited in November 2016. Jio Payments Bank Limited is a 77:23 partnership between Reliance Industries and the State Bank of India. [1] On November 10, 2016, it registered as a public limited company to set up a payments bank.
The State Bank of India Act, 1955: Inaugural holder: John Matthai (1955–1956) Formation: 1 July 1955; 69 years ago () Deputy: 4 Managing Directors and 8 Directors [1] Salary ₹ 225,000 (US$2,700) Website: bank.sbi
SBI Card was launched in May 1998 by the State Bank of India and GE Capital. In December 2017, the State Bank of India and The Carlyle Group [4] acquired a stake in the company. SBI Card is headquartered in Gurugram, Haryana/Delhi NCR. DLF Infinity Towers, Tower C, 12th Floor, Block 2, Building 3, DLF Cyber City, Gurgaon -122002(Haryana) India.
State Bank of Patiala, founded in 1917, was an associate bank of the State Bank Group.It merged with State Bank of India on 1 April 2017. At the time of its merger, State Bank of Patiala had a network of 1445 service outlets, including 1314 branches, in all major cities of India, but most of the branches were located in the Indian states of Punjab, Haryana, Himachal Pradesh, Rajasthan, Jammu ...