Bancassurance

SBI reduces charges for non-maintenance of minimum balance

Indian News       Mar 13, 2018

Mumbai: The charges on non-maintenance of an average monthly balance in savings accounts have been reduced by up to 75 per cent.   The State Bank of India on Tuesday reduced its charges on non-maintenance of an average monthly balance (AMB) in savings accounts by up...

No proposal of PSB merger under consideration: Govt

Indian News       Jan 02, 2018

New Delhi: Union minister Shiv Pratap Shukla today said no proposal regarding merger of Public Sector Banks (PSBs) is under consideration of the government.    However, the government has put in place an approval framework for proposals to amalgamate nationalised banks, the Minister of State for...