SBI YONO app down, transactions impacted

State Bank of India (SBI) on Thursday said its mobile application YO has been impacted due to a system out and steps are being taken for restoration of uninterrupted services.

This comes on a day when HDFC Bank anunced that RBI has temporarily barred it from launching new digital banking initiatives or issuing new credit cards in view of service outs over last two years.

In a mess to its customers, SBI said YO app has been impacted due to a system out. Steps are being taken for restoration of uninterrupted service, it ded.

lender requested customers to use net banking and YO Lite application for ir banking needs.
 

"We request our esteemed customers to bear with us as we work towards restoring YO SBI app to provide for an uninterrupted banking experience," it said.

country's largest lender h to face ire of customers earlier this week as well due to technical glitches and transaction failures. Last month too bank's services were hit due to server issues.
 

Meanwhile, some customers of ar public sector lender Punjab National Bank (PNB) too faced problems on Thursday while using its digital channels.
 

"Dear customer, we regret for inconvenience caused to you. Our Internet Banking, UPI, APP service(s) are facing glitches due to some technical difficulty. However, our team is working on same and it will be resolved soon," PNB said in a mess to customers.

According to a senior official of PNB, bank recently completed IT integration of all branches of erstwhile Oriental Bank of Commerce (OBC) with itself, leing to some technical issues which are being dressed.

Usually, system up-gration or integration causes some initial hiccups, official said, ding problem was very limited.

amalgamation of Oriental Bank of Commerce and United Bank of India with PNB came into effect from April 1, 2020.

(IM CREDITS: PTI)