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The bank said that the customers will have to reconfirm cheque details only when the amount is more than Rs 2 lakhs
SBI cash withdrawal limit: The announcement that would be applicable even for transaction in non-home branches is designed to give maximum benefit to the customers during the pandemic
RBI Governor Shaktikanta Das also urged private banks to continue focussing on efforts to further strengthen their balance sheets proactively
Terming the near-term expectations as “tepid” and making it clear that the bank will be “cautious” in these extraordinary times, CEO and MD Sashidhar Jagdishan said
Syndicate Bank customers will now have to update their details with Canara Bank code latest by June 30
To get cash delivered at your doorstep, register yourself through the toll-free number or the DSB app
The company has framed the resolution framework 2.0 for Covid-19 related stress of individuals and small businesses, based on the tenets as enumerated in the RBI guidelines
However, many of the respondents did not adhere to basic security norms like not sharing passwords or PINs or OTPs
In the fortnight ended May 8, 2020, bank advances stood at Rs 102.52 lakh crore and deposits at Rs 138.50 lakh crore, according to RBI's Scheduled Banks' Statement of Position in India as on May 07, 2021
RBI will consider proposals for amalgamation when the state government makes a proposal to amalgamate one or more DCCB/s with the StCB after conducting a detailed study of the legal framework