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Bank Misreads Kannada Numeral, Dishonours Cheque; Fined Rs 85,000
A State Bank of India branch in Karnataka has been fined Rs 85,177 by the Dharwad District Consumer Grievances Redressal Forum for dishonouring a cheque after failing to properly recognise a Kannada numeral on it.
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SBI Asked To Pay Rs 8 Lakh To Customer For Not Revealing Policy Details
The State Bank of India has been fined Rs 8 lakh by the country's highest consumer court, National Consumer Disputes Redressal Commission, for not sharing policy details with a customer. The bank has been ordered to pay the full amount as compensation to the customer.
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SBI Clarifies On Rs 1,771 Crore Earnings From Minimum Balance Fines: 10 Points
The country's largest lender, State Bank of India (SBI), collected Rs 1,771 crore between April-November 2017 as charges from customers for failing to maintain monthly average balance in their accounts. This is more than Rs 1,581.55 crore that it earned as net profit in September quarter. The bank on Tuesday clarified on its charges for non-mainten...
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SBI Savings Account: Minimum Balance Rules You Need To Know
Customers holding SBI savings bank accounts in metro, urban, semi-urban and rural branches need to pay different penalty amounts for non-maintenance of monthly average balance.
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SBI Accounts That Don't Require Maintenance Of Minimum Balance
State Bank of India offers four types of accounts where customers aren't required to maintain a minimum monthly balance.
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Bank Misreads Kannada Numeral, Dishonours Cheque; Fined Rs 85,000
A State Bank of India branch in Karnataka has been fined Rs 85,177 by the Dharwad District Consumer Grievances Redressal Forum for dishonouring a cheque after failing to properly recognise a Kannada numeral on it.
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SBI Asked To Pay Rs 8 Lakh To Customer For Not Revealing Policy Details
The State Bank of India has been fined Rs 8 lakh by the country's highest consumer court, National Consumer Disputes Redressal Commission, for not sharing policy details with a customer. The bank has been ordered to pay the full amount as compensation to the customer.
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SBI Clarifies On Rs 1,771 Crore Earnings From Minimum Balance Fines: 10 Points
The country's largest lender, State Bank of India (SBI), collected Rs 1,771 crore between April-November 2017 as charges from customers for failing to maintain monthly average balance in their accounts. This is more than Rs 1,581.55 crore that it earned as net profit in September quarter. The bank on Tuesday clarified on its charges for non-mainten...
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SBI Savings Account: Minimum Balance Rules You Need To Know
Customers holding SBI savings bank accounts in metro, urban, semi-urban and rural branches need to pay different penalty amounts for non-maintenance of monthly average balance.
-
SBI Accounts That Don't Require Maintenance Of Minimum Balance
State Bank of India offers four types of accounts where customers aren't required to maintain a minimum monthly balance.
