The State Bank of India on March 11 announced that its savings account holders will not be have to maintain a minimum account balance.

The bank now offers an interest rate of 6.4 per cent to general public and 6.9 per cent to senior citizens on fixed deposits of below Rs. 2 crore for a tenor of '1 year to less than 2 years' tenor.

This comes after the Reserve Bank of India (RBI) recently reduced 1.1 percentage point in the repo rate - the key interest rate at which it lends short-term funds to commercial banks - so far this year.

London-based AdiGro Group, which own AdiGro Aviation, has offered to restart the operations of grounded Jet Airways by July 1. In the offer it mentions that the company will restart functioning with eight to nine thousand employees and 70 aircraft.

The State Bank of India has launched its smart app, YONO Cash with which customers can withdraw money from ATMs without using a card. SBI customers can now generate a one-time pin (OTP) on their mobile application and use the pin to transact from the bank’s ATM.

India's largest public sector bank, the State Bank of India (SBI) is offering National Pension System (NPS) for providing social security to all citizens of country. NPS is a government scheme offered as a part of the pension sector reforms. It is regulated by the Pension Fund Regulatory and Development Authority (PFRDA). Interested people between the age group from 18 years to 65 years can avail the benefits of NPS. But, before opening an NPS account it is necessary to know these important things.

The esteemed State Bank of India (SBI) has announced an immediate waiver of all loans availed by 23 CRPF jawans who were martyred in the dreadful terrorist attack in Pulwama, Jammu and Kashmir on February 14.

Government exam is the most sought after test by many aspirants who want to make career in state government organisations or central government organizations. If you are interested, then take a look at the upcoming government exams in 2019 mentioned below.

India's largest money lender, State Bank of India has announced new norms on cash withdrawal from ATMs. Every month, the bank offers a fixed number of ATM transactions with no additional charge and the account holders who exceed the mandated number of transactions are charged a fee ranging from Rs 5 and above.

Most people in India have an account in the State Bank of India. Now, if you are an SBI customer, then this article is for you. Take a look at the latest steps SBI has taken and will be effective very soon. In case you fail to update yourself with the information, then you may be at great loss in the long run. Here's the latest update by the SBI, which you must be aware of: