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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The success of the revamped digital banking platform will help India’s largest lender reclaim its first-mover advantage and resurrect the prospects of its head.
Nitin Chugh’s moment of reckoning is round the corner.
State Bank of India, the country’s largest lender, is months away from rolling out its refurbished digital banking platform—You Only Need One, commonly referred to as YONO. And Chugh, as deputy managing director of the bank and head of digital banking, is the man behind YONO 2.0.
The success of YONO 2.0 is important for the bank. Especially so given how YONO gave it the first-mover advantage in the digital banking business and how it squandered that with shoddy implementation.
In that respect, not only is YONO 2.0 expected to be …
The stablecoin neobank has raised more than $100 million this year; Saudi Arabia is looking at stock market reforms; and other updates from the week.
Divergent narratives from the Haryana government and the lender raise deeper questions on oversight, authorizations and systemic lapses—answers that may emerge only after a forensic audit.
The Bengaluru-based lender is once again gearing up to seek the RBI’s nod after the central bank returned its application last year.
