SBI REVIEWING MINIMUM BALANCE CHARGES FOR SAVINGS ACCOUNTS

Mumbai: State Bank of India (SBI) said it is reviewing charges for certain categories of accounts for non- maintenance of monthly average balance (MAB) after receiving feedback from customers. In April this year, the countrys largest lender reintroduced charges on non-maintenance of monthly average balance (MAB) after a gap of five years. "We have received feedback from our customers on the issue and we are reviewing those. The bank will take i...

Mathrubhumi.com (Date:09/17/2017 18:23) Read full article >>

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India: India , officially the Republic of India [c], is a country in South Asia. It is the seventh-largest country by area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the south-wes
- India Wikipedia
June: June is the sixth month of the year in the Julian and Gregorian calendars and one of the four months with a length of 30 days. June is the month with the longest daylight hours of the year in the Northern Hemisphere and the shortest daylight hours of the year in the Southern Hemisphere.[citation ne
Minister: Minister may refer to:
Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
General: A general officer is an officer of high military rank, usually in the army, and in some nations, the air force. The term is widely used by many nations of the world, and when a country uses a different term, there is an equivalent title given.
Finance: Finance is the science[citation needed] of funds management, or the allocation of assets and liabilities over time under conditions of certainty and uncertainty. A key point in finance is the time value of money, which states that a unit of currency today is worth more than the same unit of currency
April: April is the fourth month of the year in the Julian and Gregorian calendars, and one of four months with a length of 30 days.
September: September is the ninth month of the year in the Julian and Gregorian Calendars and one of four months with a length of 30 days.
Joint: A joint is the location at which bones connect. They are constructed to allow movement and provide mechanical support, and are classified structurally and functionally.[pageneeded]
Savings: Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in a bank or pension plan. Saving also includes reducing expenditures, such as recurring costs. In terms of personal finance, saving specifies low-risk preservation of money, as in a deposit account, v