The State Bank of India on Friday said that some of its services will be temporarily unavailable due to scheduled maintenance activity after October 11 midnight. As part of the move, SBI UPI services will not be available for a time period of one hour.This may come as an inconvenience to customers who may go out in the late hours and try to use SBI UPI services. However, with the bank's warning, SBI UPI users can be now equipped from beforehand to avoid any inconvenience.SBI down: What services are going to ...

State Bank of India (SBI) is engaging with the regulators and the government to make the Know Your Customer (KYC) process more seamless, efficient and digital-first, according to Chairman CS Setty.Setty, who was speaking at the Global FIntech Fest, said: “As millions of new customers join the formal banking system, one challenge stands out — simplifying the KYC and re-KYC process.” So, India’s largest bank, which has a customer base of over 52 crore, is actively working towards KYC simplification — engaging ...