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"Not Offering Emergency Loan Through YONO": SBI Cautions Customers Against Rumours
10 May 2020, 04:22 PM IST i


SBI also said it will soon introduce a pre-approved personal loan
State Bank of India (SBI) on Sunday denied reports that it is offering an "emergency loan scheme" through its mobile app YONO, and urged its customers not to believe "these rumours". In a statement on Sunday, SBI, the country's largest lender, said: "This is regarding the news being widely reported about ‘SBI Emergency Loan scheme via YONO'. We would like to clarify that SBI is not offering any such loan at present. We also urge our ...
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