Customers of India’s largest bank State Bank of India (SBI) will not be able to use internet banking today for a certain period of time.
SBI Internet banking users will not be able to use various features such as Internet banking, YONO, YONO Lite, UPI for a total of 120 minutes for two days on Saturday and Sunday due to maintenance activities scheduled.
SBI tweeted from its official Twitter account that “We ask our valued customers to support us as we strive to provide a better banking experience. We will be undertaking maintenance activities from 12:20 am to 2:20 am on October 9, 2021 (120 minutes ) and from 11:20 p.m. on October 10, 2021 to 1:20 a.m. on October 11 (120 minutes). During this period Internet Banking / YONO / YONO Lite / UPI will be unavailable. We regret the inconvenience caused and please take this into account. we.”
SBI has the largest network with over 22,000 branches and over 57,889 ATMs across the country. As of December 31, 2020, it had 85 million Internet banking users and 19 million mobile banking users. The number of UPI users of the bank stood at 135 million at the end of December.
The State Bank of India and the Indian Navy on Monday launched SBI’s NAV-eCash card aboard the country’s largest naval aircraft carrier, INS Vikramaditya.
The card will avoid difficulties for onboard staff to handle physical cash when deploying the ship on the high seas, the bank said in a statement.
The infrastructure of warships precludes traditional payment solutions, especially when the ship is on the high seas where there is no connectivity.
The NAV-eCash card, with its dual-chip technology, will facilitate both online and offline transactions, the statement said.
The chief executive of the bank (retail and digital banking), CS Setty, said the concept will be replicated on other warships and various defense establishments to create a secure, convenient and sustainable payment ecosystem.
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