Setty, the chairman of the country's biggest lender, had expressed confidence in achieving its 3% net interest margin guidance despite the RBI's 25 basis points repo rate cut in the December policy. (Photo: Vijay Sartape/ NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

State Bank of India Chairman C S Setty has said that the bank is targeting to double its YONO app user base to 20 crore over the next two years with the launch of a new version on Monday.

YONO 2.0 is a significant upgrade, offering a better experience for customers and a robust digital platform for the bank, and full fledged features will be rolled out over 6-8 months, he told PTI in an interview.

"From a bank perspective, YONO 2.0 is a key anchor of digitalization, with a common code for inte

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