SBI outage: RBI chief says the central bank is reviewing situation1 min read 04 Dec 2020, 01:18 PM IST
'There is a need for banks and financial institutions to invest more in their IT system,' RBI chief Shaktikanta Das said
Many customers of SBI took to social media to complain about technical glitches leading to transaction failures
Amid the social media outrage over SBI's Yono (You Only Need One) app which is facing frequent outages, Reserve Bank of India Governor Shaktikanta Das today said that the central bank is reviewing the recent SBI outage. "There is a need for banks and financial institutions to invest more in their IT system," RBI chief said.
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