The Central Government has already executed big-ticket banking mergers successfully including the merger of 5 associates into the State Bank of India (SBI) and also the merger of Dena Bank and Vijaya Bank into the Bank of Baroda (BoB). Mergers are perceived as a handy measure for revitalizing several banking entities and strengthening them while […]
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RBI keeps the key policy rate unchanged
Reserve Bank of India had previously hiked the repo rate twice but the key policy rates remain unaltered in its bi monthly monetary policy meeting held on October 5. Be that as it may, the central bank has changed its position on the key policy rates to ‘calibrated tightening’. This shows that RBI is of […]
Types of home loan repayment
Purchasing one’s dream home can be a tedious process that includes a considerable measure of research and circling. Most importantly you should visit a few developers around the city to focus on a house that you need to purchase. After that comes an opportunity to fund the purchase of your home, for which you will […]
SBI changes daily ATM withdrawal limits
State Bank of India (SBI), the biggest lender in the country, has officially reduced the cash withdrawal limit from ATMs to Rs. 20, 000 each day as compared to Rs. 40, 000 per day earlier. This reduced limit will come into effect from the 31st of October, 2018. As per reports, the bank has been […]
Here’s learning more about internet banking facilities offered by SBI
State Bank of India (SBI) offers the OnlineSBI platform for customers who can get several tasks accomplished without having to go to their nearest banking branches. SBI’s online platform helps the bank cover approximately Rs. 27, 000 crore in transactions each day. The onlinesbi.com portal is the one to visit in this regard. Customers who […]
