State Bank of India (SBI) has opened 2.10 crore savings bank accounts in financial year 2017-18 or fiscal year ending on March 31, the bank said on Tuesday. Out of these 2.10 crore savings bank accounts, 1.10 crore are Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts, SBI said. PMJDY accounts are exempt from maintaining any average monthly balance, ...
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SBI, which offers a host of services under its personal banking portfolio including the National Pension System, pointed out five important things an investor needs to know about the retirement planning instrument.
Why SBI Mattered In 2017-2018: From Management Rejig To Minimum Balance Rules To Penalty For Insufficient Balance
Fiscal year 2017-18 marked many big developments in SBI, which is the country's largest bank in terms of profits, assets, deposits, branches and employees.
State Bank of India (SBI), the largest lender of the country, offers an account which does not require its holders to maintain any minimum balance.
It has not been a good year for the banking sector. As top banks of the country uncover one fraud after another, customers and investors have lost their trust in financial institutions while the government and the central bank exchanged a war of words. The government asked the Reserve Bank of India to fulfil its duties as the top regulator while Go...
SBI tax savings scheme does not have any specific rate of interest and the interest is similar to that of term or fixed deposits.
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