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Disruption in service - SBI internet banking, UPI services, Yono to be affected today - reason

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Posted on : 07/May/2021 12:44:16 PM



 
 
 
Before this occasion, some time ago, the bank`s services including, Yono, Yono lite, internet banking, Unified Payments Interface (UPI), were affected due to scheduled up-gradation of the platforms

The customers of India`s premier public sector bank and the largest lender State Bank of India (SBI) will be unable to use the digital services on Friday (today, 7th May) due to maintenance activities.

The State Bank of India took to Twitter to record its Tweet on this issue:

We will undertake maintenance activities between 22:15 hrs on May 7, 2021, and 1:45 hrs on May 8, 2021. During this period INB/YONO/YONO Lite/ UPI services will be unavailable. We regret the inconvenience caused and request you to bear with us!"

Before this, the bank`s services including, Yono, Yono lite, internet banking, Unified Payments Interface (UPI), were affected due to scheduled up-gradation of the platforms.

SBI has the largest network with over 22,000 branches and more than 57,889 ATMs across the country. As of 31st December 2020, it had 85 million internet banking and 19 million mobile banking users. The bank`s number of UPI users stood at 135 million at December-end.

At present, the bank has around 35 million registered users of Yono, the digital lending platform. SBI has opened over 1.5 million accounts through YONO in the quarter ended December 2020 with nearly 91% of YONO eligible savings bank customers migrated on YONO.

The lender recently reduced its home loan interest rates to 6.70% for loans up to 30 lakhs. For home loans above 30 lakhs and up to 75 lakhs, the interest rate has been fixed at 6.95%.
 
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