Indian State Bank (SBI) has been honored with the ‘World’s Best Consumer Bank 2026’ award by Global Finance Magazine for the second consecutive year. The country’s largest lender SBI said in a statement that the recognition reflects its continued success in setting global standards in customer-centric banking through digital innovation, superior service and commitment to overall development.
What did SBI Chairman C.S. say after winning the award? Shetty
Let us tell you that this award was given to State Bank of India in a program organized on the sidelines of the annual meeting of the International Monetary Fund (IMF) in Bangkok, the capital of Thailand. On this occasion, State Bank of India Chairman C.S. Shetty said that the ongoing changes in the bank, especially the efforts being made in the digital sector, are aimed at providing reliable digital services to the people on a large scale.
Focus on making banking services easy and reliable as per individual needs
C.S. Shetty said that improving digital capabilities have enabled the bank to reach more people and provide them services faster. Chairman C.S. Shetty said that the bank’s employees ensure that banking services remain easy and reliable as per individual needs. During this time the bank started the new YONO platform.
Number of registered users on Yono mobile app crosses 10 crores
SBI Chairman said that the number of registered users on SBI’s YONO mobile app has crossed 10 crore. Apart from this, the bank also introduced AI based customer service and digital facilities tailored to individual needs. SBI has also expanded its reach by opening more than 300 new branches across the country.
SBI will release second quarter financial results next month
Let us tell you that State Bank of India will release the results of the second quarter of the current financial year in November. SBI had reported a 10% year-on-year (YoY) growth in its standalone net profit in the first quarter, which stood at Rs 21,121 crore. SBI’s standalone net profit in the first quarter of the last financial year was Rs 19,160 crore.
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