SBI battles #FakeNews

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          State Bank of India is very active on social media, frequently posting various news related to SBI on its official social media handles.

Just noticed the following update on SBI LinkedIn handle @ https://www.linkedin.com/company/state-bank-of-india/.


The update is about news reports regarding ‘SBI Emergency Loan Scheme via YONO’, highlighted with hashtags of #StopRumours #FakeNews #FactCheck

          SBI launched YONO in November 2017 and since then has seen much traction. Potential customers can open a Digital Account via YONO in minutes.


          In May 2019, SBI introduced the facility of withdrawing cash from YONO Cashpoints without the need of a Debit Card.

          The mandatory requirements for this the facility is 01) Active SBI Net Banking Account 02) Mobile Number registered with SBI.

So just wait for further updates from SBI through it official channels.


         

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