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Tuesday, 30 January 2018
Friday, 26 January 2018
civil service chronicle
Civilservices chronicle The State Bank of India (SBI) has revised the
minimum account balance for its savings
accounts, as well as the penalties for non-maintenance of minimum balance. Civil
services chronicle The major change has been made with respect to savings accounts in metro cities, where
SBI account holders will now have to
maintain a monthly average balance (MAB) of 23,000, civil services chronicle magazine-latest instead of
25,000. If MAB falls between 22,999 and
n,soo, then the account holder will have to pay 230 as penalty, if it
falls between 21,499 and 2750, civilservices chronicle magazine-latest then the penalty will be 240, and 250
if the MAB is below 2750.
Wednesday, 24 January 2018
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Monday, 22 January 2018
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Monday, 15 January 2018
chemistry today magazine
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Saturday, 6 January 2018
banking service chronicle
Bsc monthly magazine The panel, set up to look into why commercial banks were not passing on the central bank's rate cuts, has said in a report that banks "deviated in an ad hoc manner from the specified methodologies" for calculating their lending rates to avoid fully following the RBI's rate moves. bscpublicationThe panel proposed to remove some of the leeway that banks have enjoyed, including allowing lenders to use only one of three benchmarks to set their lending rates: the policy repo rate, Treasury Bill rates or certificate of deposit rates. bsc magazine-buys-nowThe RBI unveiled marginal cost of funds-based lending rates MCLR)to remove much of the discretion commercial banks have to set lending rates.
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