BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
YONO is an integrated digital banking platform offered by State Bank of India (SBI) to enable users to access a variety of financial and other services such as taxi bookings, online shopping, or medical bill payments. YONO stands for
A
You Only Need Only
B
You Only Need One
C
You Only Nation One
D
Yahoo Only Need One
Explanation: 

Detailed explanation-1: -YONO (You Only Need One) is an integrated 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.

Detailed explanation-2: -You can log on to the Yono app/portal with your online SBI login credentials or account details including ATM Card. On the mobile app, you can set up a 6-digit MPIN that can be used for login in future. In case you do not have both your online SBI login credentials and ATM card, please visit your SBI branch.

Detailed explanation-3: -CINB. The yono Business platform for State Bank of India allows you to meet all your general corporate banking needs. A service which allows you to operate your business from anywhere with ease.

Detailed explanation-4: -The YONO user simply needs to login to the YONO platform and use the YONO Cash feature to generate a reference number and create a dynamic PIN for the cash withdrawal. Customer can then use the same to complete the transaction and withdraw/obtain the cash from any of the channels i.e. ATM, POS terminal or CSP.

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