The government has not made any official communication request reconsideration of penalty charges towards non-maintenance of minimum balance, clarifies state-run lender State Bank of India.
The country’s largest public sector bank, the State Bank of India, has decided to impose new conditions and regulations for its customers from 1st April.
New Rs 10 notes from RBI
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The Reserve Bank of India will be adding enhanced security features to the Rs 10 notes and issue for public usage very soon. There is going to be inset letter L on the Mahatma Gandhi series 2005 with the Governor Urjit Patel’s signature.
The State Bank of India has grabbed attention from all bankers and customers with its announcement about penalty towards non-maintenance of minimum balance in metro branches.
Aadhar Card is compulsory for the women under the category of below poverty line to get a free connection of LPG cooking Gas connection under the Prime Minister Narendra Modi’s Ujjwala Yojana Scheme.
The central ministry department of commerce and industry has released a press report. According to this report, in order to facilitate the new starting of new industries, the procedure for applying for approval for the trade-mark.
The banks have recently announced additional charges when the number of transactions exceeds a preset limit. In addition, the banks have also set a revised minimum balance amount.
For payments to be made through National Electronic Fund Transfer, NEFT, the EPF claim form should not contain revenue stamp, states sources from the Retirement fund body EPFO.
Reports from the SBI state that the decision to charge penalty for non-maintenance of minimum balance for savings account is exceptional for Basic Savings Bank, and Prime Minister’s Jan Dhan Yojana accounts.
SBI employees can now work from home
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State bank of India, the largest in its sector has newly activated work from home option for its employees.
Banking charges set to go up further
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On one front, the central government is making all-out efforts for the banking services to reach all sections of the public. On another front, the charges for banking services are continuously increasing.
The US Citizenship and Immigration Services (USCIS), the agency that oversees lawful immigration of the US announced on 3rd April that premium processing of all H-1B visa petitions will be temporarily suspended.
Egg rate gets slashed down
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The National Egg Coordination Committee at Namakkal has revised egg rates and reduced by 0.15 paise. Accordingly, the farm purchase price of an egg is fixed as 350 paise. Price reduction in other zones.
The state owned State Bank of India has recently announced that penalty will be levied for non-maintenance of minimum balance in customers’ savings account with effect from 1st April.
The State Bank of India has informed that for persons having a balance of more than Rs. 1 Lakh in their SBI Savings Account, there will be no additional charges for using other bank ATMs any number of times.
Over 84 welfare schemes by the central government are now directly linked to Aadhar numbers. In his note about this, one of the senior central government officials said that 48 welfare schemes have thus far been linked.
Nasscom, on Sunday, stated that the temporary suspension to expediting premium processing of H1B visa will have its effect with process delays for the IT firms in India.
Reeling under the impact of the prevailing in the international trading market, the price of the non-subsidised LPG cooking gas cylinder has gone up by Rs. 86/- per cylinder.
Incidentally, this is the highest price increase in Indian History.
