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BoM, SBI only PSBs rated 'good' in digital transactions in December

Business | January 30, 2020 23:48 IST

Bank of Maharashtra and State Bank of India are the only two state-run banks that showed 'good' performance in terms of digital transactions in December with a score of 77 and 68 respectively, government data showed. The score for an individual bank is given by the Ministry of Electronics and Information Technology (MeitY) on various parameters such as percentage of digital transactions, merchant deployment achieved, system resilience and average percentage of technical decline for UPI or AePS transactions, among others.

Bank strike: Alert! SBI, other banks to remain closed on

Bank strike: Alert! SBI, BoB, other banks to remain closed on these days. Check details

Business | January 31, 2020 12:12 IST

Bank Strike: All government banks including SBI (State Bank of India) have decided to go on two-day strike, starting from today. Services at branches, particularly in PSUs, could be affected as several bank employees' unions have called for a two-day bank strike.

SBI Customers Alert! SBI says update KYC or bank may freeze

SBI Bank Customers Alert! SBI says update KYC or bank may freeze your accounts. Check details

Business | January 31, 2020 14:19 IST

SBI KYC Online: Are your holding savings accounts or other accounts with State Bank of India? Then SBI has an important notice for you. SBI Bank issued a public notice, published in an English daily on Sunday, asking its customers to complete their KYC for hassle-free banking experience. India's largest lender also said that those non-KYC bank accounts may be freeze by the bank.

Will Yes Bank shut down? Here's what SBI chairman Rajnish

Yes Bank crisis: Here's what SBI chairman Rajnish Kumar has to say

Business | January 23, 2020 13:57 IST

Will Yes Bank shut down? Over the past year, several private lenders including Yes Bank are under financial stress. Speaking on ongoing Yes Bank 'deep' financial crisis, State Bank of India chairman Rajnish Kumar said YES Bank ‘will not be allowed to fail’.

Bank unions call two-day strike from Jan 31

Business | January 19, 2020 16:17 IST

The United Forum of Bank Unions (UFBU), which represents nine trade unions, has given a call for a two-day strike beginning January 31.

SBI Bank duped of Rs 40 lakh with forged NSCs

India | January 17, 2020 10:58 IST

Four persons have been arrested from the city and its nearby areas for allegedly duping the SBI of Rs 40 lakh which they obtained as loan by submitting forged National Savings Certificates (NSC) as collateral, a police officer said on Tuesday.

SBI Alert! State Bank of India introduces these free services for its customers. Check details

Business | January 12, 2020 22:21 IST

SBI customer alert! India's largest lender, State Bank of India (SBI) has introduced a number of facilities to make things easier for its customers. The largest Indian commercial bank has introduced one such is a helpline called SBI Quick App. With SBI Quick App, customers can request services by sending an SMS or giving a missed call.

SBI announces 'residential builder finance with buyer guarantee' scheme

Business | January 08, 2020 21:48 IST

Under this scheme, the SBI will issue a guarantee for completion of select residential projects to customers which have availed home loans from it. The scheme will focus on affordable housing projects priced up to Rs 2.50 crore in 10 cities, initially.

Bharat Bandh on January 8: Banking, ATM services to be affected

Business | January 07, 2020 6:55 IST

Central trade unions have called for a nation-wide bank strike on January 8, due to which banking sectors are set to be affected. At some places, ATM services are also set to be hit as bank unions have ordered their employees against working. The Bharat Bandh 2020 has been called against Central government's recent banking reforms and policies.

SBI Zero Balance Account: 10 important things you must know about SBI BSBD account

Business | January 05, 2020 11:54 IST

SBI Zero Balance Account: The SBI bank has prescribed certain average monthly balances (AMB) for those holding savings accounts. Here are the important things you must know about SBI BSBD account, check inside.

SBI Clerk 2020 Notification: Online registration begins

SBI Clerk 2020 Notification: Over 8000 vacancies notified. Direct link to apply

Career | January 03, 2020 13:21 IST

SBI Clerk 2020 online registration has begun for more than 8000 vacancies for Junior Associate (Customer Support & Sales) in the clerical cadre in State Bank of India (SBI). Read on to know about the eligibility criteria, last date to apply, salary and other details.

SBI Customers Alert! SBI Bank changes rules on cash withdrawals over Rs 10,000 from today

Business | January 01, 2020 12:09 IST

SBI ATM cash withdrawal: State Bank of India (SBI Bank), India's largest lender recently announced new rules for ATM cash withdrawal transactions. To ensure customers safety, SBI Bank has announced the launch of a one-time password (OTP) based ATM withdrawals above Rs 10,000.

SBI home loans to get cheaper as it cuts external benchmark-based rate by 25 bps

Business | December 30, 2019 12:09 IST

The country's largest lender State Bank of India (SBI) on Monday announced a reduction in its external benchmark-based rate by 25 basis points to 7.80 per cent from 8.05 per cent.

Debit Card Holders Attention! SBI, PNB, HDFC, ICICI Banks

Debit Card Holders Attention! All Indian Banks to block these ATM cards from 1st January 2020

Business | December 31, 2019 7:33 IST

Debit Card users alert! Are you debit card users of SBI, PNB, HDFC, ICICI, or other banks? Then this is important new for you! All public and private banks will block debit cards (ATM cards) which doesn't have EMV (Europay, Mastercard and Visa) after 1st January 2020. According to the Reserve Bank of India (RBI) guidelines, all Indian banks need to replace the magnetic debit card of their customers with a new EMV card.

Important news for SBI cardholders! Bank introduces OTP-based cash withdrawal system. Get details

Business | December 27, 2019 14:20 IST

To minimise the number of unauthorized transactions happening on ATMs, the State Bank of India has decided to introduce the OTP-based cash withdrawal system.

SBI Credit Card holders Alert! SBI warns customers of

Are you SBI Credit cardholders? Alert! Bank has an important message for you

Business | December 19, 2019 6:49 IST

SBI Credit Cardholders Alert! State Bank of India (SBI), India's largest bank has important advice for its customers. As SBI credit cards are quite popular, its customers should know how to be safe from fraudsters. As SBI cares for its customers, it has warned them about credit card pin fraud.

Are you SBI debit card holder? Bank to deactivate these

SBI debit cardholder? Bank to deactivate these cards by Dec 31; Here's what you need to do

Business | December 17, 2019 13:54 IST

India's largest public sector bank State Bank of India (SBI) has issued an advisory to its customers to replace their Magnetic Stripe Debit cards with new EMV (Europay, Mastercard, and Visa) Chip and PIN-based SBI Debit Card. The bank will deactivate those Magnetic Stripe debit cards by December 31. So, here's how to apply for SBI EMV Chip Cards Online?

SBI Online: Beware! Don't charge your mobile in these places. SBI warns about fraudsters who can ste

SBI Warning: Don't charge your mobile at these places, you may lose all your money

Business | December 13, 2019 11:07 IST

SBI Alert: State Bank of India (SBI) has warned its account holders about Malwarebytes present at mobile charging stations through which online fraudsters or hackers get a chance to steal your passwords and personal data

SBI online banking: Attention! State Bank of India ATM,

SBI online banking: Alert! State Bank of India ATM, other operations halted due to technical glitch

Business | December 10, 2019 10:31 IST

SBI account holders alert! Operations of the State Bank of India or SBI Bank were halted for over an hour on Monday after the weekend core banking system upgrade threw up glitches. The ATM operations were also affected.

Credit Card Debt: Not paying credit card bills? You could face criminal charges

Business | December 05, 2019 13:02 IST

Credit Card Holders Alert! Credit cardholders often end up making a big mistake and i.e. not paying their credit cards pending bill. Credit card default is levied on non-payment of long-pending bills as benefits of a credit card far outweigh the disadvantages. Not paying pending bills may lead you to pay hefty penalties or even criminal suit.

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