SBI collects Rs 300 cr from zero balance accounts in 5 years: Study
Business

SBI collects Rs 300 cr from zero balance accounts in 5 years: Study

By Administrator_India Capital Sands Several banks, including State Bank of India (SBI), have been imposing excessive charges on certain services provided to poor persons having zero-balance or Basic Savings Bank Deposit Accounts (BSBDA), a study by the IIT-Bombay has revealed. The study observed that the SBI’s decision to levy a charge of Rs 17.70 for […]

SBI collects Rs 300 cr from zero balance accounts in 5 years: Study
Business

SBI Wecare Deposit: Check out all details about SBI’s special fixed deposits scheme for senior citizens

By Administrator_India Capital Sands The scheme is known as ‘SBI Wecare Deposit’, this will help senior citizens get higher interest rate on their money and to safeguard the interests of senior citizens in the current falling rate regime. Known as SBI Wecare Deposit,SBI has launched a special FD scheme for senior citizens in India. Under […]