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SBI latest news: Citizens above 60 are eligible to avail benefit of the SBI Wecare deposit scheme.
Digital payments made on UPI platforms and wallets increased to almost 3.25 billion in July as against 1.5 billion in the year ago period
To ensure that customers are not affected by the move, it is considering increasing the number of free cash withdrawals available to them.
RBI needs to monitor the new system and tweak it if the need arises.
Here are some of the frequently asked questions relating to changes in auto-debit facility from October 1, 2021.
But knowing interest rates is not enough. You also need to ask about processing charges, pre-payment and late payment fees.
FDs: These special schemes offer higher returns on fixed deposits for tenures between five and 10 years.
Two other PSBs, as announced by the government in the union budget will also be privatised under the framework
The tie-up is formed to assist its 333 million customers to receive money from their relatives living overseas.
Big and popular lenders are offering this facility and ATM’s have been technologically upgraded to dispense cash without a card.