SBI Internet Banking and YONO App cannot be used for 180 minutes.Click here for details

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The State Bank of India (SBI) warned customers late Saturday that internet banking and mobile applications will not be available due to maintenance work. According to a notification posted by SBI on their Twitter account, Internet banking, YONO apps, UPI and IMPS services will not be available for 180 minutes from 22:35 hours on September 4th to 01:35 hours on September 5th.

“We are striving to provide a better banking experience, so we demand that our esteemed customers endure with us,” SBI said in a tweet posted Friday. rice field.

Last month, SBI’s service went down for 150 minutes on August 6th and 7th due to maintenance work.

The state-owned bank’s digital banking service will be hit by maintenance work for the sixth time in almost three months. However, midnight exercises were conducted to minimize the number of affected customers.

The combined user base of banks using Internet banking, YONO and UPI services is 250 million.

Last week the bank announced that it had raised We offer a coupon rate of 4,000 chlores and 7.72% through additional Tier 1 (AT1) bonds compliant with Basel.

This issue has received overwhelming response from investors who have exceeded their bids. Received 10,000 chlores for basic issue size SBI said the release was 100 billion rupees.

This is the first AT1 bond issuance in the domestic market following the new sebi regulation announced in March this year.

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