SBI launches YONO 2.0, targets 20 crore users in two years

• SBI to launch upgraded YONO 2.0 app.
• Aims to double YONO user base to 20 crore in two years.
• YONO 2.0 is a major tech upgrade for improved customer experience and seamless integration across channels.
• Full features of YONO 2.0 will be rolled out gradually over the next 6-8 months.
• SBI expects 14% credit growth this fiscal, driven by the RAM segment, and aims to maintain 3% Net Interest Margin.

Why It Matters: SBI's YONO 2.0 launch means major digital banking changes for customers.