Speaking at a banking event organised by industry body IMC, Khara said when the bank initially started Yono, it was thought of as a distribution platform for the retail segment products.
The bank has notified its customers by tweeting about the period of suspension of banking services.
The State Bank of India recently warned the customers regarding bogus apps that could lead to massive losses if installed without due verification.
SBI has also put on hold the recruitment exam in Leh/ Ladakh. "The recruitment of Junior Associates for the state/UT of “Ladakh”, “Manipur” and “Leh and Kargil Valley under special drive” has been kept in abeyance till further notice."
The bank has informed that the internet banking, UPI and other services will remain affected today.
The prelims exam will be held on July 13. Download hall ticket at sbi.co.in
SBI will levy charges for cash withdrawal beyond four free transactions in a month from customers holding the basic savings bank deposit (BSBD) accounts.
SBI has launched the Aarogyam Healthcare Business Loan to provide enhanced support to the healthcare sector in the country amid pandemic.
SBI Kavach Loan: State Bank of India is offering collateral-free Kavach Personal Loan that will cover the expenses of Covid-19 treatment.
SBI Ecowrap report has suggested that the space for monetary accommodation is over, and the Reserve Bank of India (RBI) will face multiple challenges in terms of boosting India's growth rate.
SBI's Kavach Personal Loan will be part of the Covid loan book being created by banks as per the Reserve Bank of India's Covid relief measures.
The new service charge will be Rs 15 plus GST for each transactions. The service charge levied for non-SBI bank ATMs is also Rs 15 plus GST.
The 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.
"To support our customers in this pandemic, SBI has increased the non-home cash withdrawal limits through cheque and withdrawal form," the public sector lender said in a tweet.
SBI Bank Alert: The State Bank of India (SB), India's largest lender, has cautioned against fraudulent calls requesting KYC Verification. The State Bank has advised its customers to refrain from sharing any sensitive details online or offline.
The customers of India’s largest lender SBI will not be able to use internet banking, YONO, YONO Lite, and UPI services on May 7.
With digital transactions gaining traction amidst rising COVID cases, the country's biggest lender SBI has cautioned its customers to be alert against fraudsters and not to download any app from an unknown source.
State Bank of India has tied with various hospitals for the vaccination of its employees. It has decided to bear the cost of vaccination for its employees and their dependent family members.
In view of difficulties faced by customers due to local lockdown induced by the second wave of COVID-19, State Bank of India (SBI) has decided to permit acceptance of documents for KYC updation through mail or post.