The State Bank of India (SBI) is experiencing a significant outage, and several users across India are experiencing disruptions with fund transfers, mobile banking, ATM services and more. Reasons for SBI outage SBI has acknowledged the issue. The bank said on its official X account, âDue to Annual Closing activities our digital Services will be…
Bank holidays today: Public and private banks across the country are closed today for Ramzan Eid (also known as Ramadan Eid or Id-ul-Fitr) and tomorrow for the yearly bank account closing day, in an extended holiday since Sunday (weekly off). Take a look at the details and bank holiday schedule for April 2025 here. Banks…
As the new financial year sets in, a series of changes are going to take place for the credit card consumers in India, in particular the State Bank of India (SBI) and IDFC First Bank card consumers. Now, on and from April 1, 2025, important changes are going to strike reward points, free cover insurance,…
When you are planning to open a fixed deposit, it is recommended to compare the interest rates offered by different banks so that you can choose the one which offers the highest one. Typically, a long tenure fixed deposit offers a higher interest rate. Â We list out the interest rates offered on 3-year term deposits…
The Securities and Exchange Board of India (Sebi) believes that the concentration of weights among the top few index constituents gives rise to âfears or risks of market manipulation and /or excessive market volatility” among market participants. The regulator proposed a set of measures in a consultation paper on Monday, seeking public comments through 17…
The chairman of State Bank of India (SBI), C.S. Setty, announced that the bank will not charge any commission under its new âJan Niveshâ scheme. The initiative, aimed at furthering financial inclusion across India, is a significant step toward empowering underserved segments of the population with the tools to invest and save. Setty announced the…
A new credit card fraud is in the works where scammers are posing as employees of the State Bank of India, asking unsuspecting customers to avail an offer to increase their credit limits. A Reddit user with the ID Fresh_Journalist5116 flagged the new scam, saying that his father almost fell for it. According to the…
Admit cards for the SBI clerk preliminary examinations will be released on Monday with complete details for the upcoming test. Candidates will be able to download their admit cards from the official SBI website at www.sbi.co.in. The examination for SBI Clerk/Junior Associate posts are tentatively scheduled for late February â with final dates yet to…
Buy or sell: This week, the Nifty index witnessed a remarkable rally of nearly 1,000 points, surging from 22,700 to 23,700. The primary catalyst behind this uptrend was the Union Budget 2025, which focused on boosting consumption in the economy. The budget introduced several favorable measures for middle-income salaried individuals, increasing disposable income and thereby…
The increasing integration of Artificial Intelligence and Gen AI with the financial sector has the potential to foster innovation and transform the banking sector in the coming years, SBI Chairman C S Setty said on Friday. Setty also said the rising digital economy and its influence on the Indian banking sector can be gauged from…
