Brief by Shorts91 Newsdesk / 02:19pm on 18 Sep 2023,Monday Business
The State Bank of India has introduced a revolutionary digital service to open NRE and NRO savings and current accounts for NRIs. Leveraging technology, SBI's YONO platform now enables a streamlined, hassle-free account opening process for new NRI customers. A key feature is real-time tracking of application status. This addresses a long-standing demand of NRIs for simplified banking services in India. By digitizing account opening and management, SBI aims to provide a seamless one-stop solution catering to all NRI requirements. The move underscores SBI's commitment to harnessing technology to improve customer experience.