List/Grid Tag Archives: state bank of india
Highlights of SBI’s Recurring Deposit Scheme
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Historical Base Rates/BPLRs of SBI
Base Rate System was implemented by Reserve Bank of India w.e.f. 01-07-2010. The undernoted are the Historical Base Rates/BPLRs of State Bank of India (SBI). Historical Base Rates / SBARs…
SBI revises Rate of interest on Domestic Term Deposits of Rs.one crore & below w.e.f. 28-03-2012
SBI has decided to revise Rate of Interest on Domestic Term Deposits of ‘Rs. one Crore & below at all branches and the ’card’ rates w.e.f. 28.03.2012 will be as…
SBI Removed Charges for Non-Maintenance of Minimum Balance in SB accounts of Personal Segment Customers
As a major step forward towards Customer retention and acquisition, State Bank of India has decided to remove the stipulation of maintaining a minimum Average Quarterely Balance (AQB) for all Personal Segment Savings Bank…
Staff Welfare Funds In Public Sector Banks Improved
The Government of India had fixed a ceiling on expenses towards Staff Welfare of Public Sector Banks at 3% of net profit with a cap of Rs. 15/- crores. The…
SBI Launches Unfixed Deposit for short term liquidity
On one hand banks are increasing their Interest rates on Saving Bank Deposit accounts on account of deregulation of SB interest rates by RBI. On the other hand State Bank…
SBI revises Rate of interest on Domestic Term Deposits of Rs.one crore & above wef 18-10-2011 & 21-10-2011
SBI has decided to revise Rate of Interest on Domestic Term Deposits of ‘Rs. one Crore & above’ (Bulk) at all branches and the ’card’ rates w.e.f. 18.10.2011, 21-10-2011 and 07-11-2011…
SBI revises RTGS Outward Transaction Charges
Reserve Bank of India have decided to revise the charges for all outward transactions on RTGS w.e.f 01.10.2011 in terms of their circular No.RBI/2011-12/166 DPSS (CO) RTGS No.388/04.04.002/2011-12 dated 5th…
SBI to issue Multi City Cheques (MCC) to all P-segment Savings Bank customers w.e.f. 01-09-2011
As a major step forward towards Customer Delight, State Bank of India has decided to issue Multi City Cheque (MCC) Books w.e.f 01.09.2011 to all Per Segment Savings Bank Customers…