State Bank of India - Gkseries.com

SBI Unveils Nation First Transit Card For Digital Fare Payments

SBI Unveils Nation First Transit Card For Digital Fare Payments: State Bank of India (SBI), the country’s largest lender, has taken a significant step in enhancing the commuting experience and promoting digital payment adoption with the launch of the ‘Nation First Transit Card.’ This unique card is meant to provide seamless and convenient consumer commuting […]

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SBI announces interoperability of CBDC and UPI for seamless transactions

SBI announces interoperability of CBDC and UPI for seamless transactions: Central Bank Digital Currency (CBDC) pilot project, multiple Indian banks have announced the introduction of Unified Payments Interface (UPI) interoperability feature on the Digital Rupee application. Daily Current Affairs Quiz: September 2023 Digital Rupee app users can scan any QR code to make payments for

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SBI Card unveils additional features on its super-premium card ‘AURUM’

SBI Card unveils additional features on its super-premium card ‘AURUM’: SBI Card, India’s largest credit card issuer, launched new features of its super-premium card ‘AURUM’, targeted at the premium section of society, such as high-net-worth individuals. AURUM cardholders will now be able to receive perks worth up to Rs 2 lakh per year based on

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SBI to launch new current accounts and savings accounts in FY24

SBI to launch new current accounts and savings accounts in FY24: SBI is planning to launch new variants of the current a/c (with balances of ₹50,000 and ₹50 lakh) and the “Parivar” (family) savings a/c in FY24. Aim: To minimize the gap between deposit growth and credit growth. April 2023 Current Affairs Quiz Domestic deposits of SBI grew 8.86% year-on-year

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SBI WeCare FD scheme for senior citizens extended till March 2023

SBI WeCare FD scheme for senior citizens extended till March 2023: SBI has extended the deadline to invest in its senior citizen FD scheme, SBI WeCare FD, till March 31, 2023. September 2022 Current Affairs Quiz Aim: To secure senior citizens’ income by paying additional interest on term deposits. Features: Period of Deposit: 5 to 10 years Interest Rate: Additional premium of

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India to emerge third-largest economy of world by 2029

India to emerge third-largest economy of world by 2029: As per the report of State Bank of India (Economic Research Department), the India is set to become the third largest economy in the world by 2029. September 2022 Current Affairs Quiz India will surpass Germany in 2027 and most likely Japan by 2029 at the current rate of growth. The

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SBI launches WhatsApp Banking Services for its customers

State Bank of India has launched its WhatsApp Banking services to make banking easier for its customers. Customers of the SBI can access their Account Balance and view Mini Statement on WhatsApp. This WhatsApp Banking services can available to customers when they send a message saying ‘Hi’ on the number 919022690226. Bank is working to offer WhatsApp-based services to its

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SBI introduces Xpress Credit on YONO

The State Bank of India (SBI) has announced the launch of Real Time Xpress Credit on its Yono platform which allows eligible customers to get personal loans of up to ₹35 lakh. It is a flagship personal loan product for salaried customers (Xpress Credit), now has a digital avatar and customers can now avail of it through Yono. It would

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SBI to set up Innovation, Incubation and Acceleration Centre in Hyderabad, Telangana

State Bank of India (SBI) plans to set up an Innovation, Incubation and Acceleration Centre (IIAC) at Hyderabad in a bid to build in-house capability to bolster its current performance and drive higher top-line growth through innovation. The objective of this Innovation, Incubation and Acceleration Center is to build in-house capability to improves its current performance

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SBI appoints ex-Ujjivan Small Finance Bank CEO Nitin Chugh as DMD

State Bank of India (SBI) has appointed former Ujjivan Small Finance Bank CEO Nitin Chugh as Deputy Managing Director (DMD) to drive digital banking operations. He has been appointed to SBI for an initial term of three years, sources said. Nitin Chugh is a former Ujjivan Small Finance Bank CEO. He has also served as

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