The Reserve Bank of India (RBI) vide its guidelines issued on April 6, 2018 on ‘Cash Management activities of the banks – Standards for engaging the Service Provider and its sub-contractor’, advised banks to put in place certain minimum standards in their arrangements with the service providers for cash management related activities. The guidelines, inter […]
In what could be a happy-happy news for the account holders in the country’s largest lender- State Bank Of India (SBI), the upper cap for depositing cash at a non-home branch has been updated. SBI revealed the information through a tweet saying, “Good news SBI customers! Now, the upper cap for depositing cash at a […]
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