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The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI hints at revising downwards minimum balance amount, penalty

Currently bank has a monthly average balance of Rs 3,000 for metro and urban accounts.

5 Jan 2018 12:31 PM

India Post is starting its India Post Payments Bank.

All you need to know regarding India Post Payments Bank savings...

At Rs 50, the minimum average balance (MAB) needed to be kept in an India Post savings account is very small.

20 Jun 2019 9:59 AM

The account opening process is fully digital, allowing you to open an account in minutes with just your Aadhaar card and PAN.

Quick steps to open a savings account online

With the advent of digital technology, routine tasks such as opening a new savings account have become very quick and...

18 Dec 2023 4:32 AM

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI reduces charges on non-maintenance of minimum balance

For semi-urban and rural centres, the charges have been reduced from Rs 40 per month.

14 March 2018 5:49 AM

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI reduces fine on a/c balance

Earlier, the bank had reduced the monthly average balance (MAB) requirement to Rs 3,000 from Rs 5,000 in metro cities.

13 March 2018 8:26 PM

The new interest rates will be effective from August 19.

HDFC Bank cuts savings account interest rate by 0.5 per cent

Customers maintaining savings account balance of Rs 50 lakh and above will continue to earn interest at 4 pc per annum.

17 Aug 2017 6:51 AM

Yes Bank last week had informed about raising Rs 4,906.65 crore (USD 750 million) in Qualified Institutions Placement mode.

Yes Bank slashes interest rate on savings account by 1 per cent

The bank has also slashed interest rate on savings accounts to 6.25 per cent from existing 6.5 per cent for deposits...

16 Aug 2017 3:29 PM

State Bank of India

SBI to impose penalty on account holders

Failure to maintain MAB in accounts will attract penalty of up to Rs 100 plus service tax.

5 March 2017 1:31 PM

Fake notes of Rs 2000 which were dispensed by an SBI ATM in south Delhi. (Photo: AP)

No limit on withdrawing money from savings account

The demonetisation of high value currency notes was announced on November 8, 2016.

13 March 2017 7:03 PM

RBI had issued a notification saying that the withdrawal limit of cash from savings bank accounts will be relaxed to Rs. 50,000 from February 20

Cash withdrawal limits from banks removed from today

Last month, the RBI had issued a notification that there would be no restrictions from March 13.

13 March 2017 12:01 PM

Savings serve as a form of self-insurance and enhance the sense of well-being.

Three-step plan to take charge of your money

A study from a couple of years ago stated that over 70 per cent adults are stressed over their financial condition.

28 Dec 2017 5:55 AM

India Post is run by Department of Posts.

Banks, post offices exempt from cash withdrawal limit

The move to ban cash transactions above Rs 2 lakh was aimed at curbing black money, according to govt.

6 April 2017 5:41 AM