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 […]
New Delhi: Every month, the country’s largest lender-State Bank of India (SBI) offers a fixed number of ATM transactions with no additional charge and the account holders who exceed the mandated number of transactions are charged a fee ranging from Rs 5 and above. However, there are a few account holders who will be exempted […]
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 […]
Bhubaneswar/New Delhi: In a major initiative of the State Bank of India to curb the growing curfew across the country, the largest lender has informed that the daily cash withdrawal limits for the Classic and Maestro Debit Cards has been reduced. As per reports, the withdrawal limit would be reduced to Rs 20,000 from the […]
Future is cardless and so, the country’s largest lender, State Bank of India (SBI) has introduced the facility of cardless cash withdrawal not only through the SBI YONO app but also from its SBI YONO website. The bank has introduced many products like internet banking, ATM cards, apps like SBI Yono & SBI BHIM Pay. […]
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