A Complete Banking Guide... Bank of Baroda, Allahabad Bank, Andhra Bank, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Dena Bank, ICICI Bank, IDBI Bank Limited, Indian Bank, Indian Overseas Bank,, Oriental Bank of Commerce, Punjab & Sind Bank, Punjab National Bank, State Bank of India, UCO Bank, UTI Bank Ltd., Union Bank of India, United Bank Of India, Vijaya Bank, Yes Bank, Mutual Funds, Income Tax
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Falling Behind Private & Foreign Banks In Credit Cards, Getting Contracts From GCCs
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SBI customers will face charges for cash withdrawals exceeding four free monthly transactions. A fee of Rs 15 plus GST applies to Basic Savings Bank Deposit accounts. Digital transactions remain free, and Aadhaar Enabled Payment System transactions are now counted. Interest rates on bulk term deposits were revised earlier this month. SBI reported a profit increase for the first quarter of FY27.
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On Friday morning, the rupee showed signs of strength against the US dollar. Despite the upward trend, high crude oil prices and ongoing geopolitical tensions are pressuring the currency. The Reserve Bank of India anticipates notable foreign currency inflows this year, though these have yet to result in significant rupee gains. Additionally, domestic equities began trading on a slightly weaker note.
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The probe comes as the rupee remains under significant pressure. The Reserve Bank of India has been regularly selling dollars in the foreign exchange market to contain volatility and prevent sharp, disorderly movements in the currency.
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