SBI Launches YONO 2.0 With Unified Mobile and Internet Banking

State Bank of India has rolled out YONO 2.0, a major upgrade to its digital banking ecosystem, 8 years after the original platform was launched, as per news reports.  

The refreshed version brings mobile and internet banking together on a single backend architecture, as India’s largest lender sharpens its focus on scale, security and seamless customer experience across devices. 

Unified Digital Architecture and Features 

Under YONO 2.0, SBI has aligned its mobile application and internet banking interface on a common technology backbone, allowing customers to switch between devices without disruption.  

The bank said the redesign improves continuity while enhancing security and personalisation. A key change is the simplified KYC and re-KYC process, which removes the need for repeated verification across products and services, easing digital onboarding and usage.  

The platform is currently available in English and Hindi, with support for up to 15 languages to be introduced in phases to widen regional accessibility. YONO 2.0 also introduces sustainability-linked features such as carbon footprint tracking and a green score. 

Digital Scale and Customer Acquisition 

Speaking at the launch, SBI Chairman C S Setty said, “Technology-led distribution allows us to acquire customers at a lower cost compared to physical branches, while continuing to offer personalised services.”  

SBI currently serves over 50 crore customers and has about 9.6 crore YONO users, with the bank targeting a significant increase in adoption over time.  

According to SBI, YONO has become a key channel for customer acquisition and lending, with a large share of new savings accounts opened digitally and pre-approved personal loans disbursed through the platform in recent quarters. 

Read More: SBI Card Updates Domestic Airport Lounge Benefits for Select Credit Cards Effective January 10! 

SBI Share Price Performance  

As of December 16, 2025, at 10:25 AM, State Bank of India share price is trading at ₹964 per share, reflecting a decline of 0.34% from the previous closing price. Over the past month, the stock has declined by 0.96%. 

Conclusion 

With YONO 2.0, SBI is consolidating its digital offerings into a single, integrated ecosystem as competition among banks intensifies around user experience, security and scale. The upgrade positions YONO as a central pillar of SBI’s long-term digital growth strategy. 

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