SBI launches 6-day shopping festival

​Hyderabad: India’s largest commercial lender, State Bank of India said its digital service platform YONO has launched a six-day shopping festival beginning from October 16. During the fest, SBI customers can avail discounts by using the app for shopping through online portals.

In addition, the YONO shopping festival will provide discounts up to 40 per cent from 14 e-commerce merchants in electronics, fashion, home furnishing, gifting, jewellery, accessories and travel space. Besides, SBI credit and debit card holders would get additional 10 per cent cash back, above the discounts provided by the merchants, SBI said in a statement. 

J Swaminathan, CGM, SBI Hyderabad Circle, said, “YONO has continued to gain momentum and popularity with an average addition of 25,000 customers per day since its launch last year.” He further added that mobile digital advertisement vans launched in the city will create awareness among the public about the initiative.