The Indian banking sector has been in overdrive over the last few months, particularly after several repo rate cuts by the RBI (Reserve Bank of India) and a subsequent cut in lending rates across most banks. Additionally, the Government is striving to scale up the banking network in the country. The Central Government has directed […]
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New facility launched by SBI for checking bank holidays, balance in savings account
SBI or State Bank of India is offering a number of facilities to its customers at present and one of them is the introduction of a helpline which will be known as SBI Quick. With this service, the customers can simply send an SMS or give a missed call to check their bank account balance, […]
State Bank of India (SBI) lowers interest rates once again for borrowers
Interest rates on home loans are steadily reducing in the current scenario where the Reserve Bank of India (RBI) has already cut the repo rate 5 times in succession. SBI (State Bank of India), the largest bank in the country, has reduced its lending rates once again for customers. SBI has lowered its Marginal Cost […]
All India bank strike on 22nd October- Here’s how the sector will be impacted
Bank strikes are always a serious jolt for the entire sector and customers in particular. Delivery of banking services may be affected on the 22nd of October, 2019, on account of the all-India bank strike. This strike has been called by two big bank unions, namely the AIBEA (All India Bank Employees Association) and BEFI […]
Processing fees now payable on SBI home loans and top-up loans
SBI (State Bank of India) is one of the first-movers in the Indian banking sector and that too at a time when several new measures have transformed the entire ecosystem. SBI was one of the first to come up with home loans linked to the repo rate along with changing its rates of interest in […]
