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SBI customers alert! No online banking services available during this time Premium We request our esteemed customers to bear with us as we strive to provide a better banking experience, SBI tweeted. 1 min read Read Full Story The State Bank of India (SBI) has said its digital services will remain affected for a few hours due to maintenance work on August 6-7. SBI s digital banking platforms, including Yono, Yono Lite, internet banking, and Yono Business, will remain affected between 22.45 hrs on 6 August and 01.15 hrs on 7 August. We request our esteemed customers to bear with us as we strive to provide a better banking experience, SBI tweeted. ....
5G: Airtel to use Qualcomm tech Airtel and Qualcomm’s partnership will enable an array of use cases, including 5G fixed wireless access (FWA) that is designed to deliver broadband connectivity at gigabit speeds to homes and businesses, the telco said on Tuesday.Premium 1 min read Share Via Read Full Story Bharti Airtel Ltd said it will use US chip-maker Qualcomm Technologies Inc.’s technology to roll out fifth-generation, or 5G, telecom services in India. The tie-up with Qualcomm comes shortly after India’s second-largest telco became the country’s first operator to conduct live 5G demonstration, and claimed its network is ready for the next-generation wireless service. It beat rival Reliance Jio Infocomm Ltd, which is yet to hold trials on a commercial network. ....
Aon poll sees average India pay hike of 7.7% Indian firms paid a 6.4% average hike in 2020. (iStock)Premium Share Via Read Full Story Indian companies are likely to hand out an average of 7.7% salary increase this year, with top performers projected to get as much as 60% in raises, the India Salary Increase Survey by consulting firm Aon said on Tuesday. The pay hike will be better than most major economies, including Japan, the US, China, Singapore, Germany and the UK, where the average salary growth will be between 3.1% and 5.5%. Indian firms paid a 6.4% average hike in 2020. TRENDING STORIESSee All 2 min read ....
SBI shelves plan to hive off Yono app SBI is also looking to expand Yono Business through which it has made it easier for corporate customers to apply for letters of credit and bank guarantees.Premium 2 min read Share Via Read Full Story State Bank of India (SBI) has shelved plans to hive off its super app Yono. It will instead build the app into a wider platform that can be used by rival lenders and add more capabilities to it. “The potential for monetization is there, but the timeline for monetization is not. Yono has to be extended in a manner that goes beyond SBI, a senior banker aware of the matter said. “We will create a platform for Yono, which will be integrated with regional rural banks or cooperative banks. If they want to use it, they can. That is the larger objective of Yono. We call it the platformization of Yono. That’s a little away. ....