Bank Rate
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RBI MPC maintains repo rate at 6.5 per cent for the 7th consecutive time
Business | Apr 05, 2024, 10:25 AM ISTThe Reserve Bank of India (RBI), led by Governor Shaktikanta Das, has announced the decision to maintain the Policy Repo Rate at 6.5%. This steady stance indicates a deliberate approach towards economic stability.
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SBI ALERT! Bank to revise rules for ATM cash withdrawal, chequebook charges from THIS date
Business | Jun 05, 2021, 12:08 PM ISTThe new SBI service 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 account holders attention! Bank asks to maintain this much minimum monthly balance or pay hefty penalty
Business | Sep 13, 2019, 11:30 PM ISTSBI bank account holders alert: Are you State Bank of India (SBI) account holder? Do you have a saving account in SBI? Then this news is for you as India's largest public sector bank SBI has revised service charges for its customer for deposits and withdrawal. This changes will come in effect from October 1 which will encompass cash withdrawal, average monthly balance, deposits and withdrawals and will affect scores of customers in many ways.
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Reserve Bank hikes bank rate to 10.25% to shore up Indian rupee
Jul 16, 2013, 10:20 AM ISTNew Dlhi, Jul 16: In a move to stem the continuing fall of rupee, the RBI last night came out with a slew of measures including hiking the lending rates for banks and sucking up