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SBI Paid Double on Cancellation of Flipkart Orders


This is really beautiful, when you get double refund on not purchasing anything from Flipkart. Recently Moneycontrol has reported an incident where  State Bank of India (SBI) has deposited double the cancelled amount in 39 accounts. The money was once credited on the day of the cancellation and credited again a few days later. SBI already have lost more than Rs 7 crore from ...

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Arijit Basu, New Managing Director of SBI


Government has appointed  Arijit Basu as new managing director of State Bank of India. Prior to becoming deputy managing director, Arijit Basu served as managing director of SBI Life Insurance. He will fill the position that fell vacant following the elevation of Rajnish Kumar as the chairman of the SBI. He also served as Chief Risk Officer (CRO).  Mr Basu is a graduate ...

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BHIM & Rupay Now Launched in Singapore


NPCI’s UPI based payment platform BHIM & Rupay along with SBI apps is now launched in Singapore for remittance. Prime Minister Mr. Narendra Modi had launched these three Indian mobile payment apps in Singapore at a business event aimed at internationalization of the country’s digital payment platform. This is the start of Globalization of Indian payment network Rupay & BHIM. ...

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SBI Reduces Minimum Balance Charges By 75%

SBI Work from home

The country’s largest lender, State Bank of India has reduced charges for non-maintenance of Average Monthly Balance (AMB) in savings accounts by nearly 75 per cent. The charges for non-maintenance of AMB for customers in Metro and Urban centers have been reduced from a maximum of Rs 50 per month to Rs 15 per month. Semi-Urban and Rural centers, the charges ...

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SBI Fixed Deposit Interest Rate Calculator

State Bank of India (SBI) is fortune 500 company, an Indian multinational, public sector banking and financial services company. State Bank is government of India owned entity headquarters in Mumbai, Maharashtra. After merging with other five associates bank on 01.04.2017 i.e. State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State ...

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How To Self Generate SBI ATM PIN for Debit Card ?


Generate SBI Debit card ATM PIN easily without visiting the branch. Learn in few easy steps re generating the SBI duplicate ATM PIN following the below mention instruction. A new initiative launched by Banks which is commonly called as “Green PIN” Self Generation of SBI Debit Card ATM PIN from Any of SBI ATM Use your SBI debit card at ...

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How To Do IMPS Fund Transfer in SBI ?

How To Do IMPS Fund Transfer in SBI ? – IMPS i.e. Immediate Payment Service , a new initiative for transferring fund immediately to any bank account. The best feature of IMPS is that one can send and receive the money using mobile number also with the help of 7 digit MMID number. This facilities of IMPS is provided by ...

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