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SBI PENALTY
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...- FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
- Rs 10,000 monthly investment in post office RD vs SBI RD: Where will you get higher maturity amount in 5 years?Investing Rs 10,000 monthly in a Post Office Recurring Deposit for five years yields a higher maturity amount than an SBI RD. The Post Offi...
- Post Office MIS vs mutual funds: Which is better for income-seeking investors?Post Office Monthly Income Scheme (POMIS) offers predictable, government-backed monthly income, attracting retirees and conservative invest...
- Nifty Bank crashes 900 points as SBI, IndusInd, Yes Bank, other lender stocks tumble up to 4%. What lies ahead?The Nifty Bank index plunged nearly 900 points, driven by weak earnings from State Bank of India and broader market sentiment. SBI shares l...
- Indian banks avoid fresh Gulf bets as Iran crisis drags onIndian banks are pausing new business in Gulf countries amid the Iran crisis. Lenders are closely watching existing ties to avoid financial...
- CMS bags Rs 400 cr contract to manage 6,000 HDFC Bank ATMsCMS Info Systems has secured a significant Rs 400 crore order from HDFC Bank. The deal involves managing 6,000 ATMs for the next five years...
- SBI Card revises late payment penalty charges: Key changes in credit card late payment structure from May 1, 2026SBI Card has revised its late payment charges, effective May 1, 2026, impacting lower outstanding amounts. A new Rs 100 penalty now applies...
- SBI receives Rs 6,338 crore income tax demand for AY24State Bank of India is contesting a Rs 6338 crore income tax demand for assessment year 2023-24. Meanwhile, IDBI Bank faces a Rs 5.5 crore ...
- SBI hikes FD interest rate by 25 bps on these deposits: Check detailsState Bank of India is raising interest rates on bulk fixed deposits above Rs 3 crore. Effective March 15, 2026, these rates will see a 25 ...
- RBI’s rate cut triggers concern for FD investors: Penalty charges for account holders looking to rebook FDs for higher interest incomeDifferent banks impose different penalty charges, and it typically involves a reduction in interest rate. The penalty can range from 0.5% t...
- Latest FD premature withdrawal charges 2024: SBI vs HDFC Bank vs ICICI Bank vs PNB vs YES Bank vs Bank of IndiaFD premature withdrawal charges of top banks: Banks allow customers to make premature withdrawal of fixed deposits (FD), but usually with a...
- RBI imposes penalty on SBI, Indian Bank, Punjab & Sind BankA penalty of Rs 1.3 crore has been imposed on the State Bank of India for non-compliance with certain directions issued by the RBI on 'Loan...
- How to open SBI recurring deposit account online and set standing instructionThe minimum deposit to open a recurring deposit amount is Rs 100 per month, thereafter in multiples of Rs 10. There is no maximum limit on ...
- Irdai imposes Rs 51 lakh penalty on 4 insurersA penalty of Rs 25 lakh has been imposed on SBI General Insurance Company for not fulfilling regulatory obligations under the Motor Third P...
- RBI slaps Rs 7 crore penalty on SBI for violating various normsThe penalty is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agre...
- RBI imposes penalty on 4 PSU banksA penalty of Rs 2 crore has been imposed on Corporation Bank and Rs 1 crore each on SBI, Bank of Baroda and Union Bank of India.
- RBI slaps Rs 40 lakh penalty on SBI for flouting fake notes normsRBI conducted inspection of currency chests of two SBI branches and noticed violation of its instructions issued on the detection and impou...
- RBI imposes Rs 5.6 lakh fine on SBI for violation of normsThe penalty was levied in connection with deficiencies and lapses in the operation and maintenance of the currency chest at the Secunderaba...
- Now, repay SBI home loans sans penaltySBI has decided to waive pre-payment charges on home loans linked to both floating and fixed rates and for old and new customers, signallin...
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