Rama Mohan Rao Amara, who is currently the Deputy Managing Director of SBI, will be filling in for the vacancy created due to the elevation of CS Shetty as chairman of the bank.
When any bank account is not used for more than three years, the banks, because of lack of activity, classify it as dormant or inactive. These accounts can be reactivated easily.
The current downward revision to 6.6 per cent for FY25 reflects the RBI's acknowledgement of potentially missing earlier projections by a significant margin.
Thieves in Kerala exploited a glitch in SBI ATMs to withdraw cash using stolen ATM cards. In this scam, the real victim was not the cardholders, but SBI.
Updating KYC details in PM Jan Dhan Yojana (PMJDY) accounts is essential to maintain account security and access benefits, and can be done online or offline at various banks like SBI, PNB, ICICI, and Canara Bank by submitting necessary identity and address proof documents.
FD Interest Rate: Before investing in the FDs, check the interest rates other banks offer in both the private and public sectors.
Both SBI and the post office provide opportunities for customers to invest money for a specific period and receive a guaranteed return upon maturity. Let's take a closer look at which one, SBI or the post office, offers higher returns on deposits of varying terms.
SBI PO Recruitment 2024 Notification will be soon released by the State Bank of India. Candidates who are preparing for the exam can register themselves in due course of time. Check latest updates.
'MSME Sahaj - End to End Digital Invoice Financing', provides solutions ranging from applying for the loan, documentation and disbursement of the sanctioned loan within 15 minutes, without any manual intervention.
SBI SCO Recruitment 2024 Online application has been extended. All those who wish to apply for the Specialist Officer posts can do so before the closure of application window. Check details here.
The Reserve Bank of India (RBI) is unlikely to announce a rate cut in its upcoming monetary policy meeting, according to a report by the State Bank of India (SBI). With India experiencing robust economic growth that surpasses capacity, the RBI is expected to maintain current interest rates.
State Bank of India has a network of 22,542 branches across the country as of March 2024. Apart from branch presence, SBI has 65,000 ATMs and 85,000 business correspondents.
SBI Chairman CS Shetty hinted towards a new plan which could involve the benefits of FD and SIP. Notably, both the deposit plans give the option of monthly investment and are popular among the working professionals.
Kerala news: Police said that the gang targeted the Mapranam, Thrissur East, and Kolazhy ATMs of the State Bank of India.
You can easily enable contactless transactions for your SBI debit card. By activating this feature, you can make quick and secure payments without physically swiping your card. Additionally, you can earn reward points on every purchase.
SBI PO Recruitment 2024 notification is expected to be released soon. Candidates will be able to submit their application forms in due course. Candidates are advised to keep checking the official website for latest updates.
SBI SCO Recruitment 2024 online applications have been started. All those seeking government jobs in the bank department can check the eligibility, age limit, selection criteria and other details below.
Fixed deposits: Another scheme is called the SBI Amrit Kalash scheme which runs for 400 days and offers an interest rate of 7.10 percent per annum for general citizens.
FASTag is part of the government's broader initiative to promote digital payments and improve the efficiency of road transportation. Since February 2021, FASTag has been made mandatory for all vehicles in India, except for some exemptions like two-wheelers and certain categories of vehicles.
A government circular issued on August 12 ordered all its departments, boards, corporations, public sector units and universities to withdraw all their deposits and investments in the SBI and the PNB and stop transacting any business with these institutions.
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