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SBI is Indias largest public sector lender. (Photo: PTI)

Relief for SBI customers as bank tweaks minimum balance rules

Earlier Rs 5,000 monthly minimum balance limit has been reduced to Rs 3,000 which sounds affordable.

26 Sep 2017 9:57 AM GMT

SBI is Indias largest public sector lender. (Photo: PTI)

Public outcry forces SBI to cut minimum balance to Rs 3,000

The revised requirement and charges will become applicable from the month of October 2017.

26 Sep 2017 1:02 AM GMT

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI reduces charges on non-maintenance of minimum balance

For semi-urban and rural centres, the charges have been reduced from Rs 40 per month.

14 March 2018 5:49 AM GMT

SBI is Indias largest public sector lender. (Photo: PTI)

SBI slashes non-maintenance charges of minimum balance by 75 per cent

The above revision will benefit 25 crore bank customers.

13 March 2018 7:55 AM GMT

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

Banks collect Rs 5,000 cr from customers for breaching minimum balance

SBI led the pack in penalising its customers for not maintaining minimum account balance.

5 Aug 2018 7:04 AM GMT

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI collects Rs 235 crore in minimum balance fine in June qtr: RTI

The country's top bank has not revealed the categories of accounts on which the fine has been levied.

19 Aug 2017 7:05 AM GMT

Demand for post office accounts in Karnataka goes up

Demand for post office accounts in Karnataka goes up

Post Office Savings Bank Account is much easier to open that requires a paltry amount of Rs 50.

15 May 2017 9:36 AM GMT

State Bank of India or SBI is largest public sector bank.

Things to know about SBI's new transaction rules

Country's largest public sector lender has brought in a new minimum balance requirement rule among others.

5 April 2017 8:03 AM GMT

This video, which was uploaded by an SBI employee on November 20, shows the polite woman going to each bank employees desk and gifting them a rose. (Credit: Facebook)

Minimum account balance: SBI says penalty only after April 24

Revised services cgarges for transaction at bank's ATMs will also come into force after that date.

3 April 2017 10:30 AM GMT

SBI chairperson Arundhati Bhattacharya

SBI says maintain Rs 5,000 balance or pay penalty

Customers of urban and semi-urban branches required to keep Rs 3,000 and Rs 2,000 balance respectively.

1 April 2017 7:43 AM GMT