SBI
Banks raise Rs2,320 cr as fine on low balance accounts in Apr-November
02 Jan 2018
State Bank of India alone accounted for Rs1,771 crore, or more than half of the total Rs2,320-cr penalty that banks imposed on customers who failed to maintain minimum account balance
SBI reduces interest on fixed deposits
04 Oct 2017
SBI lowers minimum balance requirement to Rs3,000, cuts penalties
26 Sep 2017
The bank has also exempted pensioners, beneficiaries of social benefits from government and minors from the requirement of minimum balance in savings account
SBI staff count down 6,622 in fiscal first quarter
16 Aug 2017
While 7,247 employees exited the bank in the first quarter of FY18, CBI added about 625 personnel in the first quarter, reducing the total headcount to 2,73,181