Earlier in March, the SBI had announced that it will be linking its savings deposits rates and short-term loans to the RBI's repo rate from May 1 with an aim to ensure faster monetary transmission. The bank further said all cash credit accounts and overdrafts with limits above Rs 1 lakh will also be linked to the benchmark policy rate, plus a spread of 2.25 per cent.
from Times of India http://bit.ly/2Y1ylBl
Subscribe to:
Post Comments (Atom)
2 Arrested By Delhi Police For Bank Scam, 6 Phones Recovered
The Delhi Police have arrested two cybercriminals accused of impersonating bank officials and defrauding people of their money. from NDTV ...
-
The world's 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined $108 billion on Monday as a tech-led sellof...
-
Italy's biggest bank Intesa Sanpaolo apologised on Sunday for an embarrassing security breach that reportedly targeted Prime Minister Gi...
-
The long-awaited Mumbai nightlife policy came into force on Sunday on a cautious note, offering an opportunity to people to shop, dine and e...
No comments:
Post a Comment