Related Questions

In 2016, the State Bank of India launched a new product called 'SBI Exclusif'. What is the financial nature of this product?
Re-arrange the following sentences into a meaningful paragraph. (A) comes into effect from today. The bank's savings account rate was 3.5 per cent during March 2003 to May 2011 for all savings bank account customers (B) The bank's decision comes two days ahead of RBI's monetary policy meet and is likely to trigger (C) with deposits of above Rs 1 crore, it said in a statement. The two-tier savings bank account interest rate (D) to 3.5 per cent, lowest in six years, a decision that will impact 90 per cent of its customers (E) The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts (F) SBI today cut interest rate on savings bank account deposits up to Rs 1 crore by 0.5 per cent (G) rate war among peers. SBI's savings bank account base is of around Rs 9 lakh crore.
In April 2017, five associate banks and Bharatiya Mahila Bank were merged with the State Bank of India (SBI). What is the approximate Balance sheet size of SBI following the merger?
If a bank in India, SBI, has an account with Citibank, Newyork and another Indian Bank, Allahabad Bank wants to refer to that account while corresponding with Citibank, Newyork, the Allahabad Bank would refer to which one of the following accounts?
A, a bank officer, got compulsorily retired in 2014. Since the bank authorities did not release the leave encashment in his favour, he filed writ petition WP 2001 (W) of 2017 in Ranchi High Court for the same and also for the interest on the unpaid amount. The writ petition was disposed of by a learned Single Judge in December 2018 directing the bank to release the privileged leave encashment benefits to the petitioner to the extent he was entitled to in accordance with law within a certain period. The prayer for interest was not specifically denied by the court. The bank filed an appeal against the order. The Division Bench of Ranchi High Court in February, 2019 declined to admit the appeal. The bank authorities released the leave encashment in favour of the petitioner. However, A files a writ petition again for a direction to the bank to disburse interest to A at the rate of 18% per annum on leave encashment released by the bank. This petition is covered under which of the following?
Which state government has recently signed MoU with State Bank of India (SBI) to provide subsidized loans to its employees ?
Which of the following statement (s) is/are true about the following eliminations? (1) Hoffmann product is major product in I (2) Saytzeff product is major product in I (3) Hoffmann product is major product in II (4) Saytzeffproduct is major product in II
Identity the correct combination of statements with regard to banking in India:
1. The Presidency banks had acted as quasi - central banks for many decades in India.
2. The Bank of Hindustan was liquidated during 1829-32.
3. General Bank of India was an unsuccessful bank and was dissolved in 1791.
4. Bank of Calcutta was renamed as Bank of Bengal in 1921.
The central banking functions in India are performed by the

  1. I=Central Bank of India
  2. II=Reserve Bank of India
  3. III=State Bank of India
  4. IV=Punjab National Bank
Which of the following will be considered as tax planning effort?
1. Mr. A purchased a house for self-residence of Rs. 8 lakh by taking a loan of Rs. 60 lakh from SBI at 10% interest, instead of using his own funds.
2. Mr. A made investment in purchasing 12% redeemable debentures of TISCO worth Rs. 1.50 lakh.
3. Mr. A purchased 100 gm gold biscuits of Rs. 2.5 lakh from SBI on the occasion of Diwali.
4. Mr. A invested Rs. 1 crore in purchasing 5 acres of agricultural land in his native village in Gaya.