Wednesday, September 16, 2020

State Bank of India's digital startup, YONO, could be a $40 billion goldmine

The bank's YONO super-app could be valued at $40 billion with the lender considering long term plans to hive it off as a separate entity once it assumes a certain size.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/state-bank-of-india-could-be-sitting-on-a-40-billion-dollar-digital-goldmine/articleshow/78144933.cms

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