News Desk: November 06, 2025 – The State Bank of India (SBI) is quietly working on one of its most ambitious digital moves yet — the YONO 2.0 platform. But unlike a regular app update, this one’s not just about a new interface. SBI is building an entirely new digital foundation for how India’s largest bank will look, feel, and work in the next decade.
What exactly is YONO 2.0
YONO (You Only Need One) became India’s first real “bank-plus-lifestyle” app when it launched in 2017. It allowed users to check balances, shop, book tickets, and invest — all in one place. But over the years, users began facing lag, login loops, and limited features.
Now SBI wants to fix that completely.
YONO 2.0 is being built on a new tech stack, designed to merge mobile banking, internet banking, and even in-branch systems into a single, unified digital journey. Meaning — whether you start applying for a loan on your phone or continue it later on your laptop, you won’t have to start from scratch.
What SBI is adding inside YONO 2.0
| Feature | What’s New in 2.0 | How It Differs from YONO 1 |
|---|---|---|
| Omnichannel banking | Continue your work seamlessly across app, website or branch | Old YONO worked only on mobile |
| AI-based personalisation | Smart dashboard tailored to spending habits & profile | Everyone saw the same interface |
| Fintech integrations | SBI to onboard 75–100 fintechs for lending, investments & payments | No fintech plug-ins earlier |
| Gamification & “green score” | Eco-based rewards and habit-tracking to engage users | Absent in older version |
| Multi-profile security | Multiple login profiles, adaptive passwords & device recognition | Basic PIN + OTP only |
| Investment + Credit marketplace | Bonds, mutual funds, insurance, small loans — all under one SBI window | Earlier version redirected to partner sites |
The Login Problem That YONO 2.0 Needs to Fix
- The current YONO app is secure — maybe a bit too secure.
- You first enter your username and password, Mobile OTP, then your MPIN, and later a profile password for access details.
- This triple-step login looks good on paper but feels heavy and buggy in real use.
- Many users say they get stuck in login loops or re-prompts, even for small things like checking their balance. Most X tweets and Facebook groups talk these popular topics for YONO.
- HDFC and ICICI apps already use quick biometric or single MPIN access — fast, safe, and smooth.
- YONO, by comparison, feels like it’s still catching up.
- With YONO 2.0, SBI is finally bringing a middle path — faster access without lowering security.
- It’s expected to use adaptive authentication and device recognition, cutting extra steps while staying safe.
- If SBI nails this, YONO 2.0 could become the smoothest banking app in India’s public sector.
Who confirmed it
This is not speculation or a social-media rumour. The development and pilot of YONO 2.0 have been officially confirmed by SBI’s top brass:
- C.S. Setty, SBI Managing Director, and
- Dinesh Khara, SBI Chairman.
Both executives, in interviews with Moneycontrol, Business Standard, and The Financial Express, have clearly said the pilot phase is active and the public rollout is targeted for FY 2025-26.
Unlike many “app coming soon” stories floating online, this one is SBI-verified and already in testing.
Why this matters
For SBI, YONO 2.0 isn’t just an app upgrade — it’s their digital relaunch. It’s about scalability, fintech collaboration, and bringing all of SBI’s 50-crore-plus customers under one digital roof. YONO’s Current version app user base is around 80 million registered users. With the launch of YONO 2.0, the aim is to handle up to 200 million mobile users.
For users, it could mean faster loading, no repeated logins, and one consistent experience across devices.
For fintech partners, it opens a plug-and-play gateway into India’s largest banking ecosystem.
When it’s coming
SBI had first spoken about YONO 2.0 in 2021. The original target was 2023, then 2024.
Now, the bank’s latest statement points to FY 2025-26 for the full public launch, after successful pilot runs. The official date has not been announced yet, but it is expected between December 2025 – March 2026.
In short
YONO 2.0 is SBI’s way of rebuilding trust and speed in digital banking.
Unlike YONO 1, which tried to do everything in one app, this version aims to do everything better — faster, safer, and more personal.
If YONO 1 gave India a taste of mobile banking, YONO 2.0 could be the blueprint for how public-sector banks go truly digital.
SBI Updates –
