The new charges would apply to ATM withdrawals, chequebook, transfer, and other non-financial transactions. The new charges will come into effect from July 1, 2021.
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SBI Chennai circle gets new CGM
June 04, 2021
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R Radhakrishna has taken charge as the new Chief General Manager of State Bank of India, Chennai circle.
Before his elevation as CGM, Radhakrishna served as GM, CCGRO (Commercial Clients Group Regional Office), in Bengaluru. The Chennai circle of the SBI has 1,248 bank branches under its jurisdiction across Tamil Nadu and Puducherry.
He joined the bank as Probationary Officer in 1987, and held various assignments in retail operations, HR and corporate credit. He has more than 33 years of experience in banking with more than 10 years of experience in high value credit, according to a statement.
Synopsis
Some smart moves can surely help you make the best of the current scenario. Here is a look at what FD investors should know and do to enhance their return on deposits.
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Fixed deposit investors who were expecting the Reserve Bank of India (RBI) to increase key policy rates, will have to wait longer. That is because for a seventh time in a row (or for almost a year), the RBI, in its bi-monthly monetary policy meeting, has kept the repo and reverse repo rates unchanged. The repo rate and reverse rate remain at 4% and 3.35%, respectively, after the announcement on June 4, 2021.