Big news! State Bank of India charging money on digital transactions, card swipes from SBI account holders
A new study by IIT-Bombay has revealed that SBI collected over Rs 300 crore by imposition of service charges during the period 2015-20.
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Updated: Apr 12, 2021, 11:54 AM IST
A study by IIT-Bombay has revealed State Bank of India and several other banks in the country have been imposing excessive charges on certain services wbich are provided to those with zero-balance or Basic Savings Bank Deposit Accounts (BSBDA). According to the study, the decision by SBI, which is country s largest public lender, to levy a charge of Rs 17.70 for every debit transaction beyond four by the BSBDA account holders is not reasonable.
Big news for SBI customers as State Bank of India issues alert for Fixed Deposit frauds - Details here - The SBI posted a tweet asking its customers to control access to their account by not sharing personal details.
SBI news: State Bank of India takes this BIG decision on home loans - Check details here - The hike on home loans of country's largest public lender SBI came into effect from April 1, 2021.
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SBI customers alert: This State Bank of India plan has delivered over 22% return in last 5 years
Most of us go after SBI fixed deposit (FD), SBI recurring deposit (RD), PPF, EPF or other small saving schemes to tackle inflation and save money.
DNA Web Team
Feb 23, 2021, 09:38 AM IST
Most of us go after State Bank of India (SBI) fixed deposit (FD), SBI recurring deposit (RD), Public Provident Fund (PPF), Employees Provident Fund (EPF), post office schemes or other small saving schemes to tackle inflation and save money by reducing the tax liabilities. These schemes are liked by common people as they offer decent returns.