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11-20 results from 1000 for query «sbi»

19 December, 2018 3:50 PM SBI Annuity Deposit Scheme: Rate Of Interest And Other Details

SBI or State Bank of India offers annuity deposit account, which is a variant of fixed deposit or term deposit. The account enables the depositor to pay a one-time lump sum amount and receive the same in equated monthly instalments (EMIs), comprising a part of the principal amount as well as interest on the reducing principal amount, according to the bank's 104

19 December, 2018 2:14 PM Minimum Balance Rules: Here's How Much Top Banks Charge For Non-Compliance

Leading lenders of the country have fixed their monthly average balance (MAB) requirements according to the location of a customer's account. Most of the banks in the country require customers to maintain a certain Monthly Average Balance or MAB in their savings bank accounts, failing which they have to bear certain penalty charges. Monthly Average Balance 73

18 December, 2018 2:19 PM Banknotes' printing cost rose to nearly Rs 8,000 cr in DeMo year: Govt

The expenditure on printing of notes during 2015-16, the year prior to demonetisation, was Rs 3,421 crore. The cost of printing currency notes escalated to Rs 7,965 crore in 2016-17, the year when the government had banned the high-value 500 and 1,000 rupee bills, the government informed Parliament on December 18. Also, the printing cost came down to a substantial 101

18 December, 2018 6:23 AM Banks race against time to replace magstripe cards as December 31 deadline nears

The EMV cards, which have a chip embedded in them are considered more secure and less prone to card skimming at ATM machines Only Europay, Mastercard, Visa (EMV) chip and pin-based debit or credit cards will be valid from January 1, 2019, according to a circular by the Reserve Bank of India (RBI). The move has been initiated to tackle issue of electronic 130

17 December, 2018 11:22 AM These Banks Offer Up To 9.5% Returns On Deposits Below 1 Crore Rupees

Rate of return on fixed deposits of small finance banks is better than the FDs offered by traditional commercial banks. Small finance banks (SFBs) aim to spread financial inclusion by provision of savings vehicles and supply of credit to small business units, small and marginal farmers; micro and small industries; and other unorganised sector entities 112

15 December, 2018 1:00 PM SBI Offers These Types Of Zero Balance Savings Accounts

SBI's zero balance savings account does not require customers to maintain any particular minimum average balance. State Bank of India (SBI) offers the option of opening a zero balance savings account in order to encourage people to make investments. Zero balance accounts are saving accounts where average monthly balance (AMB) rule is not applicable 178

13 December, 2018 2:05 AM Stocks in the news: Jubilant Foodworks, Pricol, Bank of Baroda, Ashoka Buildcon, Strides Pharma, Lupin

Jubilant Foodworks | Pricol | Bank of Baroda | Ashoka Buildcon and Music Broadcast are stocks which are in the news today. Jubilant Foodworks: Company has been allotted 51 lakh ordinary equity shares at a par value of BDT 10 (Bangladesh Taka Ten) each, in Jubilant Golden Harvest Limited (JV company). Subsequent to the allotment, company has become 51 percent 117

10 December, 2018 9:10 AM SWIFT India ropes in ex-SBI chief Arundhati Bhattacharya as board chairman

SWIFT India on Monday said it has appointed ex-SBI chief Arundhati Bhattacharya as the new chairman of its board. SWIFT India is a joint venture of top Indian public and private sector banks and SWIFT (Society for Worldwide Interbank Financial Telecommunication). Bhattacharya will succeed former banker M V Nair, who is stepping down after completing 79

9 December, 2018 11:07 AM Non-Maintenance Of Minimum Balance: Penalty Charges Levied By Top Banks

Most of the leading banks have fixed their AMB according to the location of a customer's account in urban, metro, semi-urban and rural areas. Banks have mandated regular saving bank account users to maintain a certain average monthly balance (AMB) in their accounts, failing which they have to bear certain penalty charges. Average Monthly Balance (AMB) 110

4 December, 2018 9:38 AM Latest Interest Rates, Minimum Balance Rules Of State Bank Of India (SBI)

Recently, State Bank of India (SBI) raised interest rates on fixed deposit accounts across select maturities. State Bank of India (SBI) has a deposit base of Rs. 28.07 lakh crore (as on September 2018). SBI, the largest commercial bank of the country in terms of assets, deposits, profits, branches, customers and employees, offers a range of services 72