I personally recommend 'State Bank Classic Debit Card' for domestic use and 'SBI Global International Debit Card' for international use. Note: All cards have different yearly charges therefore choose a card accordingly. For more information, visit this official SBI page. Read and accept 'Terms ...
Return of Credit Card:If you have been instructed to return your physical credit card, ensure that you follow the instructions provided by SBI. Failure to return the card as directed may result in additional charges or complications. Update Credit Bureaus:SBI will officially inform credit bureaus ...
It has imposed monetary penalty of ₹30 Lakh onAxis Bankfor non-compliance with provisions of its directions. The bank failed to comply with RBI directions on ‘Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Credit Card Accounts’. RBI has ...
As per RBI, India’s household debt to GDP ratio at 6.7% is one of the lowest in the world. Household debt means outstanding credit from banks and other financial institutions to households. Monthly Banking/ Financial Awareness Books Topic: Banking/Financial/Govt Schemes 6. The tenure of the ...
FlipkartAxis BankSuper Elite Credit Card will charge customers an annual fee of ₹500 for these benefits. This fee is waived off on an annual expense of ₹2 lakhs on the card. Flipkartis an Indian e-commerce company. It is headquartered in Bengaluru. Kalyan Krishnamurthy is its CEO. ...
India’s largest pure-play credit card issuer, SBI Cards and Payment Services (SBI Card), has appointed Abhijit Chakravorty as MD and CEO. He is currently a Deputy MD at SBI. He will assume charge as MD and CEO of SBI Card on 12 August. He will replace Rama Mohan Rao Amara. ...
The card is especially tailored for government sector employees. It offers different kind of perks to them. The card comes with benefits such as complimentary movie tickets, cashback on various expenses, and zero fees on cash advances. The card also offers exemptions from surcharges on IRCTC tra...
SBI has continued to maintain its position as India’s largest bank by assets. The ranking of SBI improved from 21 in 2022 to 20 in 2023. Its assets jumped to $780.05 billion in 2023. The size of Indian lenders is still significantly less than that of their Chinese and Japanese counterpar...
As per the World Bank report, India's economic resilience is based on several pillars, including robust domestic demand, substantial public infrastructure investments, and a strengthening financial sector. World Bank highlighted that bank credit growth has increased to 15.8 percent in the first quarter...
Debit cards, credit cards, cardless EMIs, UPI, bank transfers, e-wallets, and e-mandates are payment options that payment aggregators allow their clients to accept. Topic: Appointments 5. Chitra Jayasimha has been appointed by PFRDA as the Chairperson of the Board of National Pension System (...