Wednesday, December 25, 2024

Business

SBI internet banking, mobile app YONO to remain down on September 4

SBI internet banking, mobile app YONO to remain down on September 4

The Indian state bank on September 3 announced that Internet Banking, Yono, Yono Lite, Yono, Imp, and UPI business would remain not available on September 4 because of maintenance work.

Service will not be available for 180 minutes i.e. From 22:35 hours on September 4, 01:35 hours on September 5.

The bank told his customers on his official Twitter handle, “We ask our honorable customers to be borne with us when we strive to provide a better banking experience.”

Previously on that day, SBI also warned its customers not to click on a letter offering free gifts, because they might fall prey to phishing fraud.

“Do you accept this link in your inbox? Steer Clear! Clicking this phishing link can cause loss of your personal and confidential information. Stay alert. Think before you click!,” It wrote in a tweet.

Meanwhile, the Bank on September 1 raised Rs 4,000 Crore from Tier 1 (AT1) bonds that fit Basel. The largest lender in the country raised the number at 7.72 percent coupon level.

After the new regulation, this is the issuance of the first AT1 bonds in the domestic market. This problem collects an extraordinary response from investors with an offer that exceeds the RS 10,000 Crore received against the size of the basic problem of Rs 1,000 Crore.

The public sector bank has now decided to receive Rs 4,000 Crore on a 7.72 percent coupon based on a response.

According to SBI, this is the lowest price that has been offered on the debt, issued by Bank India since the implementation of Basel III capital rules in 2013.

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