The State Bank of India (SBI), India’s largest bank, will unveil the country’s first integrated digital banking and lifestyle platform tomorrow November 24 according to a statement from the public sector bank.
It will be launched by Union Minister for Finance and Corporate Affairs Arun in Delhi.
YONO ‘You Only Need One’, will be India’s first digital banking platform. Besides a range of banking and financial services, it will offer customised and discounted products from over 60 e-commerce players by leveraging analytics, the SBI release said.
Amazon, Uber, and Airbnb are among some of those key e-commerce partners.
YONO will also be the first to offer online purchase of investment products and view of insurance policies within the portal without redirecting the customer to a respective service provider.
The app will allow customers to meet lifestyle needs across 14 categories, including medical, travel and stay, taxi booking, dining, and entertainment.