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SBI launches YONO 2.0 to double app user to 20 Cr over the next 2 years

State Bank of India aims to double YONO app users to 20 crore with YONO 2.0. The upgrade provides seamless integration across internet and mobile banking channels.

Introduction

Leading bank launches YONO 2.0, aiming to double its digital users to 20 crore. The upgrade offers seamless integration across internet and mobile banking, enhancing customer experience and digital services.

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Share price movement of SBI

On December 16, 2025, State Bank of India opened at ₹967.95, up 0.08% from its previous close of ₹967.15. The stock reached a high of ₹969.00 (0.19%) and a low of ₹962.45 (−0.49%). By 11:41 AM, it traded at ₹963.65, a 0.36% decrease, with a market cap of ₹8,89,508.46 crore.

SBI Launches YONO 2.0 App Upgrade

State Bank of India Chairman C S Setty announced the launch of YONO 2.0 on Monday. The bank aims to double its YONO app user base to 20 crore over two years.

YONO 2.0 includes a common code for internet and mobile banking. It will allow seamless integration across channels and faster launch of new products and processes for customers.

The upgrade will roll out full features over 6-8 months. SBI currently has around 10 crore YONO users and plans to expand digital presence and customer engagement.

“From a bank perspective, YONO 2.0 is a key anchor of digitalization, with a common code for internet banking and mobile banking. This allows for seamless integration across channels, enabling SBI to launch new products and processes quickly. The bank aims to leverage YONO 2.0 to enhance its digital presence and customer engagement,” SBI Chairman C S Setty said.

Stock performance of SBI for Period of 1 week, 6 months, and 1 year

State Bank of India delivered a 0.82% gain over the past week. The stock rose 23.2% in the past six months and increased 12.4% over the past year.

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Shareholding pattern of SBI

ParticularsSep 2025Jun 2025Mar 2025
Promoter55.50%57.40%57.40%
FII9.60%9.30%9.90%
DII27.80%25.70%25.10%
Public7.10%8%8%

About SBI

State Bank of India (NSE: SBIN) is a Fortune 500 Indian multinational, public sector bank headquartered in Mumbai. It is the largest and oldest bank in India, with over 200 years of history.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is State Bank of India share price in news today?

A: State Bank of India share price is in news after the launch of YONO 2.0, aiming to double its app users to 20 crore.

Q: What does State Bank of India specialize in?

A: State Bank of India specializes in banking, financial services, and digital platforms, including mobile banking and public sector operations.

Q: What is the 52-week high and low of State Bank of India stock?

A: State Bank of India stock has a 52-week high of ₹999.10 and a 52-week low of ₹679.65.

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