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.
Investors are betting on Bandhan - a former micro lender which was one of two companies that won bank permits from the Reserve Bank of India in 2014, the first new bank licensing process in a decade - for its low-cost model, high margins and niche clients.
This retail banking network has grown to 864 bank branches and 386 ATMs as of 30 September 2017.
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.
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