SBI: Current Affairs, GK & News - 2020-2021

PM SVANidhi Scheme: API Integration with SBI Portal

Published: October 7, 2020

On October 7, 2020 Government of India launched the API (Application Programming Integration) between State Bank of India portal and PM SVANidhi Portal. Highlights In simple terms, action programming interface is the connection between two or more applications that allows them to to exchange data. Here in the new application programming interface established by the ..

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Reliance Industries at 96th rank in Fortune Global 500 list

Published: August 12, 2020

Reliance Industries, headed by the Indian Billionaire Mukesh Ambani, has jumped 10 places to break into the world’s top 100 companies on the Fortune Global 500 list. Reliance is ranked 96th in the 2020 ranking released by Fortune. This is the highest any Indian company has been ranked on the Fortune Global 500 list. Background ..

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SBI-IRCTC Credit Card Launched for Railway Users

Published: July 28, 2020

The Railways and Commerce Minister Piyush Goyal has launched the SBI-IRCTC Credit Card that is aimed at the rail passengers and offers a bouquet of opportunities to them. It is part of the Atmanirbhar India Mission of the Prime Minister, Narendra Modi. This comes as one of the ‘Make in India’ initiatives by the Railways ..

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SBI to waive penalty for non-maintenance of AMB for all savings accounts

Published: March 12, 2020

The Largest lender of India, State Bank of India (SBI) recently announced that the penalty charges for non-maintenance of average monthly balance (AMB) for all its savings bank accounts are to be waived. At present, the customers shall have to maintain average monthly balance of ₹3000, ₹2000 and ₹1000 in metro, semi urban and rural areas respectively. The ..

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Chalasani Venkat Nageswar appointed as Deputy managing director and CFO of SBI

Published: March 10, 2020

State Bank of India recently announced that Chalasani Venkat Nageswar has been given additional charge of Deputy managing director and Chief financial officer (CFO) of the bank. He is presently serving as the Deputy Managing Director (International Banking Group) has been given additional charges. SBI also recently said that it will invest ₹2,450 crore now, ..

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