State Bank of India

After dominating QR Code mode of payments it has emerged that Paytm now plans to roll out a massive quantity of PoS machines, all over India.

There is a severe cash crunch which is affecting almost entire India. Panic has already set in, as people are queuing up outside ATMs! In a noble gesture, State Bank of India has allowed cash withdrawals from PoS i.e. their Point of Sale…

As per a recent decision made by Ministry of Finance, India Post Payments Bank will now merge with the massive network of 1.5 lakh post offices, across India. This will make India Post India’s largest banking network. SBI, which is…

Between April 2016 and March 2017, Indian banks reported a total of 12,533 cases of frauds, all across the country. These findings were shared by  Institutional Investor Advisory Services, which is a proxy advisory firm. The total loss…

RBI has informed the nation that Jio Payments Bank is now live. The banking operations under Jio Payments Bank would be a 70:30 venture between Reliance and State Bank of India, which will provide backend support for banking operations.

The Central Bureau of Investigation has exposed yet another bank fraud worth Rs 824.15 crores against the Chennai-based jewellery chain Kanishk Gold Pvt Ltd. after State Bank of India (SBI) filed a complaint against Kanishk Gold of cheating…

The Myntra EMI offers an Equated Monthly Instalment option like the one typically offered on credit card purchases of high-value items. The Myntra EMI is available for products sold on Myntra which are worth Rs. 1,300 or even less.

Two very interesting cases of fraud have been unearthed, in the last 24 hours. While the villain of one of the cases is a class 10th dropout, a delivery boy who scammed Rs 1.3 crore from Amazon India; the other case involves an SBI Card,…

At the start of the new year, India’s largest public sector bank: State Bank of India has announced a reduction in base rates, which will benefit home loan borrowers all over the country. Around 80 lakh SBI customers will now pay less for…

If we believe SBI report on the matter, then RBI has held back around Rs 2.4 lakh crore worth of Rs 2000 currencies, as smaller denominations of Rs 500 and Rs 100 have been flooded in the market.