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SBI, the country’s top lender, made an announcement on Twitter, demanding that customers “bear us as we strive to provide a better banking experience.”
Posted by hindustantimes.com | Meenakshi Ray Screenplay Works, New Delhi
Published on IST at 11:28 am on September 4, 2021
The State Bank of India (SBI) has warned customers that some services, such as Internet banking and YONO mobile applications, will be unavailable on Saturdays and Sundays. SBI made an announcement on Twitter, demanding that customers “bear us as we strive to provide a better banking experience.”
“We will be performing maintenance activities during 22:35 hours. September 4, 2021 and 01:35 hours. September 5, 2021 (180 minutes). During this period, Internet banking / YONO / YONO Lite / YONO Business / IMPS / UPI will no longer be available, “said SBI, the country’s top lender, in a tweet. “We apologize for any inconvenience and thank you for your patience.”
State bank maintenance work has hit state bank digital banking services for the third straight month. SBI has suspended banking services due to maintenance work in July and August. The combined user base of SBI’s customers who use Internet banking, YONO, and UPI services is 250 million.
Meanwhile, SBI said it pulled up on Wednesday ￡We offer a coupon rate of 4,000 chlores and 7.72% through additional Tier 1 (AT1) bonds compliant with Basel.
Bank said in release that bids were in excess ￡Received 10,000 chlores for basic issue size ￡1,000 chlores. “Based on the answer, the bank decided to accept ￡With a coupon of 7.72%, 4000 chlores. “
This is the lowest price ever offered for such debt issued by an Indian bank since the Basel III capital rules came into force in 2013.
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