YONO SBI (You Only Need One State Bank of India) is an Indian India government-owned digital banking platform offered by State Bank of India (SBI) to enable users to access a variety of financial and other services such as flight, train, bus and taxi bookings, online shopping, or medical bill payments. YONO is offered as a mobile banking app for both Android and iOS. The launch of YONO had a code name project Lotus.
YONO SBI (You Only Need One State Bank of India) is an Indian India government-owned digital banking platform offered by State Bank of India (SBI) to enable users to access a variety of financial and other services such as flight, train, bus and taxi bookings, online shopping, or medical bill payments. YONO is offered as a mobile banking app for both Android and iOS. The launch of YONO had a code name project Lotus.
==Development and Launch== YONO SBI emerged from SBI's initial plan to make an "online marketplace" to attract millennials. The initiative was named "Project Lotus". It was nurtured for initial four years by Rajnish Kumar as an MD and then as the Chairman of bank. The app was launched in November 2017.
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