SBI's mobile banking app YONO suffers system outage

SBI's mobile banking app YONO suffered a system outage on Thursday, following which the bank issued an official statement on Twitter. "Steps are being taken for the restoration of uninterrupted service," it said, asking users to switch to OnlineSBI or YONO Lite for their needs. Earlier today, RBI temporarily halted HDFC from issuing new credit cards citing repeated system outages.