Sbi Demonetisation
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Ex-Bank Officer Gets 7 Years Jail For Illegal Exchange Of Banned Notes
A special court in Bengaluru has sentenced a former employee of erstwhile State Bank of Mysore (now merged with SBI) to seven years of imprisonment for illegal exchange of demonetised currency notes in November 2016, officials said here on Tuesday.
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SBI Yet To Make 18,135 ATMs Ready For New Notes, Reveals RTI Query
Country's largest lender State Bank Of India (SBI) is yet to recalibrate 18,135 automated teller machines (ATMs) even after 21 months of demonetisation, an RTI query has revealed.
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RBI Holding Back Rs 2,000 Notes? Here's What SBI Report Says
RBI has printed 3,654 million pieces of Rs 2,000 notes as on December 8
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Note Ban Hits RBI's 'Seigniorage': SBI Research
"The demonetisation exercise has resulted in net loss of seigniorage to the RBI," SBI's research report Ecowrap said.
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These Banks Now Pay Less Interest On Your Savings Accounts
A fall in the rate of inflation and surplus money with banks on account of demonetisation are the primary reasons for these cuts.
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Bank Credit Growth This Fiscal Hits Historic Low, Says Report: 5 Things To Know
The decline in deposits growth is expected, as huge amounts of money that flowed into the banking system post demonetisation is now mean reverting, SBI chief economist Saumya Kanti Ghosh said.
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Samsung Pay Adoption in India Faster Than Any Other Market
One in two Samsung Pay-enabled devices use Samsung Pay every month, says Samsung India's Asim Warsi. 

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Cash Deals Worth Rs 25,000 Crore Move To Digital Mode, Says SBI Survey
Post notes-ban, cash-based transactions worth Rs 25,000 crore have moved to the digital mode, says a survey.
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SBI Colony Near Mumbai Goes Completely Cashless
As scores of people across the country continue queuing up outside banks and ATMs to withdraw money, some have been successful in saving themselves the hassle.
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Need Rs 500 Notes To End Bank Queues: SBI Official
At least Rs 10 lakh crore must be in circulation for the long queues at banks to end but the pressing need is the missing Rs 500 currency, a top SBI official said on Monday.
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Demonetisation: Ola Partners SBI, PNB to Set Up Mobile ATMs
"The banks are providing on-ground executives to enable people withdraw cash seamlessly," he said.
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Irate Customers Vandalise State Bank of India Branches In Manipur
Angry customers waiting for long to withdraw money vandalised two branches of the State Bank of India (SBI) in Manipur today, police said.
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SBI Employee Dies After Collapsing In Bank In Nagpur
A 51-year-old employee of State Bank of India (SBI), handling cash counter at a city branch, died after he collapsed during a rush of people who had come to exchange the demonetised currency notes, a bank official said.
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Stock ATMs With Rs 100 Notes, RBI Had Said. Why The Order Fell Short
Days before Prime Minister Narendra Modi stunned with his announcement banning Rs 500 and 1,000 notes, the Reserve Bank of India had ordered banks to set up ATMs that would only dispense Rs 100 notes, reports news agency IANS.
-
Ex-Bank Officer Gets 7 Years Jail For Illegal Exchange Of Banned Notes
A special court in Bengaluru has sentenced a former employee of erstwhile State Bank of Mysore (now merged with SBI) to seven years of imprisonment for illegal exchange of demonetised currency notes in November 2016, officials said here on Tuesday.
-
SBI Yet To Make 18,135 ATMs Ready For New Notes, Reveals RTI Query
Country's largest lender State Bank Of India (SBI) is yet to recalibrate 18,135 automated teller machines (ATMs) even after 21 months of demonetisation, an RTI query has revealed.
-
RBI Holding Back Rs 2,000 Notes? Here's What SBI Report Says
RBI has printed 3,654 million pieces of Rs 2,000 notes as on December 8
-
Note Ban Hits RBI's 'Seigniorage': SBI Research
"The demonetisation exercise has resulted in net loss of seigniorage to the RBI," SBI's research report Ecowrap said.
-
These Banks Now Pay Less Interest On Your Savings Accounts
A fall in the rate of inflation and surplus money with banks on account of demonetisation are the primary reasons for these cuts.
-
Bank Credit Growth This Fiscal Hits Historic Low, Says Report: 5 Things To Know
The decline in deposits growth is expected, as huge amounts of money that flowed into the banking system post demonetisation is now mean reverting, SBI chief economist Saumya Kanti Ghosh said.
-
Samsung Pay Adoption in India Faster Than Any Other Market
One in two Samsung Pay-enabled devices use Samsung Pay every month, says Samsung India's Asim Warsi. 

-
Cash Deals Worth Rs 25,000 Crore Move To Digital Mode, Says SBI Survey
Post notes-ban, cash-based transactions worth Rs 25,000 crore have moved to the digital mode, says a survey.
-
SBI Colony Near Mumbai Goes Completely Cashless
As scores of people across the country continue queuing up outside banks and ATMs to withdraw money, some have been successful in saving themselves the hassle.
-
Need Rs 500 Notes To End Bank Queues: SBI Official
At least Rs 10 lakh crore must be in circulation for the long queues at banks to end but the pressing need is the missing Rs 500 currency, a top SBI official said on Monday.
-
Demonetisation: Ola Partners SBI, PNB to Set Up Mobile ATMs
"The banks are providing on-ground executives to enable people withdraw cash seamlessly," he said.
-
Irate Customers Vandalise State Bank of India Branches In Manipur
Angry customers waiting for long to withdraw money vandalised two branches of the State Bank of India (SBI) in Manipur today, police said.
-
SBI Employee Dies After Collapsing In Bank In Nagpur
A 51-year-old employee of State Bank of India (SBI), handling cash counter at a city branch, died after he collapsed during a rush of people who had come to exchange the demonetised currency notes, a bank official said.
-
Stock ATMs With Rs 100 Notes, RBI Had Said. Why The Order Fell Short
Days before Prime Minister Narendra Modi stunned with his announcement banning Rs 500 and 1,000 notes, the Reserve Bank of India had ordered banks to set up ATMs that would only dispense Rs 100 notes, reports news agency IANS.
