Current Affairs

GK MCQs Section

Page-3 of Topic: SBI

To promote Digital Payment, SBI plans to eliminate Debit Cards

To provide a flip to the government’s vision to increase digital payments in India, the largest bank in India, the State Bank of India (SBI) plans to eliminate...

August 20, 2019

Scheduled Bank Status in India

The Bengaluru-headquartered small scale bank Jana Small Finance Bank Limited has received the status of a Scheduled Bank. What are Scheduled Banks of India? The Scheduled Banks are...

August 8, 2019

Change of Rules in Banking Sector

The Reserve bank of India has made a few changes in the banking sector. These include the removal of the minimum balance penalty charges by the banks. Also,...

July 17, 2019

RBI fines banks for violations

The Reserve Bank of India (RBI) has imposed stiff financial penalties on the State Bank of India(SBI) and the Union Bank of India (UBI) for the violation of...

July 16, 2019

RBI to Divest its Entire Stake in NABARD and NHB

The Reserve Bank of India (RBI) has sold its entire stakes in the National Bank for Agriculture & Rural Development (NABARD) and National Housing Bank (NHB) for Rs 20...

April 25, 2019

SBI inked a pact with Bank of China

State Bank of India has inked an agreement with Bank of China to intensify business interactions between both the lenders. Under this pact, both SBI and Bank of...

March 21, 2019

SBI launches cardless ATM withdrawal with YONO Cash

India’s largest Bank State Bank of India (SBI) has announced the launch of YONO Cash through which customers can withdraw money from ATMs without using a card. How...

March 19, 2019

SBI Ecowrap Report recommends Unconditional Cash Transfer to Farmers

The SBI Ecowrap report recommends the government to opt for the unconditional cash transfer to farmers to alleviate agrarian distress rather than Universal Basic Income (UBI) scheme. Why...

January 23, 2019

SBI to issue and encash electoral bonds soon

The GoI has notified the sale of electoral bond by SBI through its 29 authorized branches from 1.11.2018 to 10.11.2018. 29. These SBI branches are in cities like...

October 29, 2018

MOPAD: SBI launches unified payment terminal

India’s largest bank State Bank of India (SBI) has launched its Multi Option Payment Acceptance Device (MOPAD) for digital payments convenience of merchants and consumers. It aims at...

August 9, 2018

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