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SBI INACTIVE ACCOUNT
SBI staff threatens to go on two-day nationwide strike from May 25SBI staff, under the All India State Bank of India Staff Federation, are threatening a two-day nationwide strike from May 25 over demands i...
Banks to close inactive PM Jan-Dhan Yojana accounts? Here is what government saidThe Department of Financial Services has denied instructing banks to close dormant Pradhan Mantri Jan-Dhan Yojana accounts, countering rece...
How to activate inoperative bank accounts in SBI, HDFC Bank, and PNB as RBI asks banks to reduce these accountsRBI has advised banks to urgently take the necessary steps to reduce the number of inoperative or frozen accounts and make the activation p...
SBI customers: How to activate an inoperative SBI bank accountInoperative SBI bank account: The bank emphasised the importance of carrying out regular transactions in accounts and preventing categoriza...
December 2023 money deadlines: Last dates for free Aadhaar updation, investing in special FDs, update bank locker agreementHere is a look at 10 important money deadlines in the month of December.
Unclaimed deposits: How a nominee, legal heir can make a claim after death of depositorIn order for potential claimants to check the names online before going to the bank, the Reserve Bank of India has encouraged banks to publ...
RBI to develop online portal for unclaimed deposits of all banksIn order to look for unclaimed deposits that are more than ten years old, the Reserve Bank of India (RBI) has announced the of a new centra...
Unclaimed deposits of Rs 35,012 crore with PSU banks transferred to RBI: MoS Finance Bhagwat Karad"As per information available with the RBI, as of the end of February 2023, the total amount of unclaimed deposits transferred to RBI by PS...
How to activate a dormant, inactive NRI accountDepending on the account status, banks mark such accounts as dormant or inactive. As it's likely that you're not keeping an eye on your acc...
SBI cards tops HDFC Bank in incremental card issuancesIn terms of total credit cards, HDFC Bank continued to remain the market leader with 16.5 million credit cards, followed by SBI Cards at 15...
SBI revises savings account interest rate: Check latest ratesThe State Bank of India (SBI) has revised savings account interest rate. The revised interest rates are effective from October 15, 2022.
Number of active credit cards drops after RBI rule comes into forceWhile SBI Cards' market share based on the number of cards in force increased to 19.2% in August 2022, HDFC Bank and Axis Bank saw their ma...
For SBI Card, spends have grown as compared to de-growth in credit card industry: Rama Mohan Rao Amara“The contribution of corporate card spends for us has come down to around 15-16% in July and August which we want to take it back to the ea...
Number of credit cards shrink by 23 lakh in a monthThe total number of credit cards declined by 22.6 lakh on a net basis in August this year to 7.8 crore from over 8 crore in the previous mo...
SBI PAN Aadhaar linking: Here's how to do itIf your PAN is not linked to your Aadhaar number by the mentioned date, it will become inactive on April 1, 2022. Section 139AA of the Inco...
How to add nominee in SBI PPF account using Yono appWhile opening a PPF account, you will not find the provision for nomination in the application form, nomination has to be filed separately.
How to close SBI savings bank account?While there is no harm in maintaining multiple accounts, one should exercise extreme caution because negligence can result in losses. Do ke...
SBI to launch Rs 25,000 limit credit card soonSBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people a...
- Banks can freeze an account that's unused for two years
If you don’t withdraw money or carry out any transaction from your account through the bank’s ATM, branch or website, for a period of more ...
- SBI to add 5,00,000 point of sale terminals by 2010
The number of outlets accepting plastic for payments is set to grow more than 150%, with the State Bank of India (SBI) planning to add half...