Sbi Current Accounts
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Current Account Deficit Likely To Be Lower At 3% This Fiscal: SBI Report
State Bank of India has pencilled in lower current account deficit at 3 per cent for this fiscal as against the minimum consensus of 3.5 per cent, citing rising software exports, remittances and a likely USD 5-billion jump in forex reserves via swap deals.
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SBI Launches 360 Dedicated Current Account Service Points: Details Here
The dedicated counter is being called the current account service point or CASP to address the critical needs of the key current account customers and to mobilise new customers.
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Yes Bank Withdrawal Limit Could End "Within A Week": SBI Chairman
State Bank of India (SBI) chairman Rajnish Kumar told NDTV on Monday that the current cap on withdrawals from Yes Bank accounts could be lifted "within a week". In an exclusive interaction with NDTV, the SBI chairman said: "I want to assure Yes Bank customers that once we (SBI) step in they shouldn't worry about money... The financial system is sou...
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SBI Revises Fixed Deposit Interest Rates, Details Here
The bank will now offer an interest rate of 4.5per cent to general public and 5 per cent to senior citizens on fixed deposits of 7-45 days. Currently, the public sector bank paysinterest at the rate of 5 per cent and 5.5per cent to the general public and senior citizens respectively.
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How To Open Public Provident Fund (PPF) Using SBI Net Banking
For the current quarter, investment in a PPF account fetches an interest at the rate of 7.9 per cent per annum.
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What Latest Changes In SBI Interest Rates In Select Financial Products Mean For You
SBI account interest rate, SBI loan interest rate: SBI has over the past few weeks changed interest rates applicable to certain savings bank accounts, fixed deposit accounts and home loan accounts. Here are some key details about what these changes - in in SBI interest rates on fixed deposits (FD), recurring deposits (RD), loans and savings account...
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SBI Accounts: Fixed Deposit (FD) Compared To Recurring Deposit (RD)
SBI currently provides interest rates to the tune of 5.75-6.85 per cent to the general public on fixed deposit (FD) up to Rs 2 crore, as mentioned on its website.
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Low Crude Prices To Limit Rise In Current Account Deficit: Report
"The recent decline in oil prices might compress the CAD by around $5 billion-$6 billion from our estimates of $78 bn in current fiscal," said SBI Ecowrap.
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Five Types Of Accounts That You Can Open With State Bank Of India (SBI)
From savings bank account to small account, SBI provides a variety of options for customer's requirements.
-
SBI's Current Bank Account: Mode Of Operation, Minimum Average Balance And Other Details
State Bank of India (SBI) offers current bank account for users like firms, companies, public enterprises, businessmen, etc. According to SBI, current bank account is a form of demand deposit where withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount. A current account is generall...
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SBI's PPF Account Offers Tax Benefits Up To Rs 1,50,000. Ten Things To Know
State Bank of India (SBI) public provident fund scheme is one of the most popular small savings scheme. The SBI PPF scheme enables the subscribers to save income tax as it allows the deduction from taxable income under the section 80C of the Income Tax (I-T) Act, while also offering handsome returns. The current interest rate (effective from Januar...
-
SBI Accounts: Savings Bank Account Compared To Current Bank Account
SBI's savings account is a basic account that keeps customers' money safe and helps them grow their savings moderately.
-
SBI's Latest Minimum Balance Rules, Penalty For Keeping Insufficient Balance
New minimum balance rules announced recently by SBI or State Bank of India came into effect on April 1, 2018. SBI, which had last month reduced by up to 75 per cent its penalty charges for keeping insufficient average minimum balance in savings bank accounts, currently charges a penalty for non-compliance with its average monthly balance rules. Thi...
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SBI's New Changes: Charges For Insufficient Balance, Closure Of 41 Lakh Savings Bank Accounts
During the current financial year, 2.10 crore savings bank accounts were opened, of which 1.10 crore accounts are Pradhan Mantri Jan-Dhan Yojana accounts, which are exempt from average monthly balance requirement, SBI said.
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SBI Closed 41 Lakh Savings Bank Accounts Between April And January. Here's Why
State Bank of India (SBI) said on Thursday that 41.16 lakh savings bank accounts, which were reported to have been closed after introduction of the requirement of average monthly balance, were not closed suo-moto. Earlier, an RTI query had revealed that SBI had closed as many as 41.16 lakh savings accounts between April and January in the current f...
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Current Account Deficit Likely To Be Lower At 3% This Fiscal: SBI Report
State Bank of India has pencilled in lower current account deficit at 3 per cent for this fiscal as against the minimum consensus of 3.5 per cent, citing rising software exports, remittances and a likely USD 5-billion jump in forex reserves via swap deals.
-
SBI Launches 360 Dedicated Current Account Service Points: Details Here
The dedicated counter is being called the current account service point or CASP to address the critical needs of the key current account customers and to mobilise new customers.
-
Yes Bank Withdrawal Limit Could End "Within A Week": SBI Chairman
State Bank of India (SBI) chairman Rajnish Kumar told NDTV on Monday that the current cap on withdrawals from Yes Bank accounts could be lifted "within a week". In an exclusive interaction with NDTV, the SBI chairman said: "I want to assure Yes Bank customers that once we (SBI) step in they shouldn't worry about money... The financial system is sou...
-
SBI Revises Fixed Deposit Interest Rates, Details Here
The bank will now offer an interest rate of 4.5per cent to general public and 5 per cent to senior citizens on fixed deposits of 7-45 days. Currently, the public sector bank paysinterest at the rate of 5 per cent and 5.5per cent to the general public and senior citizens respectively.
-
How To Open Public Provident Fund (PPF) Using SBI Net Banking
For the current quarter, investment in a PPF account fetches an interest at the rate of 7.9 per cent per annum.
-
What Latest Changes In SBI Interest Rates In Select Financial Products Mean For You
SBI account interest rate, SBI loan interest rate: SBI has over the past few weeks changed interest rates applicable to certain savings bank accounts, fixed deposit accounts and home loan accounts. Here are some key details about what these changes - in in SBI interest rates on fixed deposits (FD), recurring deposits (RD), loans and savings account...
-
SBI Accounts: Fixed Deposit (FD) Compared To Recurring Deposit (RD)
SBI currently provides interest rates to the tune of 5.75-6.85 per cent to the general public on fixed deposit (FD) up to Rs 2 crore, as mentioned on its website.
-
Low Crude Prices To Limit Rise In Current Account Deficit: Report
"The recent decline in oil prices might compress the CAD by around $5 billion-$6 billion from our estimates of $78 bn in current fiscal," said SBI Ecowrap.
-
Five Types Of Accounts That You Can Open With State Bank Of India (SBI)
From savings bank account to small account, SBI provides a variety of options for customer's requirements.
-
SBI's Current Bank Account: Mode Of Operation, Minimum Average Balance And Other Details
State Bank of India (SBI) offers current bank account for users like firms, companies, public enterprises, businessmen, etc. According to SBI, current bank account is a form of demand deposit where withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount. A current account is generall...
-
SBI's PPF Account Offers Tax Benefits Up To Rs 1,50,000. Ten Things To Know
State Bank of India (SBI) public provident fund scheme is one of the most popular small savings scheme. The SBI PPF scheme enables the subscribers to save income tax as it allows the deduction from taxable income under the section 80C of the Income Tax (I-T) Act, while also offering handsome returns. The current interest rate (effective from Januar...
-
SBI Accounts: Savings Bank Account Compared To Current Bank Account
SBI's savings account is a basic account that keeps customers' money safe and helps them grow their savings moderately.
-
SBI's Latest Minimum Balance Rules, Penalty For Keeping Insufficient Balance
New minimum balance rules announced recently by SBI or State Bank of India came into effect on April 1, 2018. SBI, which had last month reduced by up to 75 per cent its penalty charges for keeping insufficient average minimum balance in savings bank accounts, currently charges a penalty for non-compliance with its average monthly balance rules. Thi...
-
SBI's New Changes: Charges For Insufficient Balance, Closure Of 41 Lakh Savings Bank Accounts
During the current financial year, 2.10 crore savings bank accounts were opened, of which 1.10 crore accounts are Pradhan Mantri Jan-Dhan Yojana accounts, which are exempt from average monthly balance requirement, SBI said.
-
SBI Closed 41 Lakh Savings Bank Accounts Between April And January. Here's Why
State Bank of India (SBI) said on Thursday that 41.16 lakh savings bank accounts, which were reported to have been closed after introduction of the requirement of average monthly balance, were not closed suo-moto. Earlier, an RTI query had revealed that SBI had closed as many as 41.16 lakh savings accounts between April and January in the current f...
