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SBI's Anshula Kant appointed MD and CFO of World Bank

Saturday, July 13, 2019, 9:14 AM

Anshula Kant, managing director of the State Bank Of India, has been appointed as managing director and chief financial officer of the World Bank, its president David Malpass announced. As Managing Director and Chief Financial Officer, Kant will be responsible for financial and risk management of the World Bank Group, reporting to the President.
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SBI waives off charges on NEFT, RTGS and IMPS

Friday, July 12, 2019, 4:27 PM

After RBI announced the waiver of charges levied on NEFT, RTGS transaction, the country's largest bank, SBI announced that it has waived off charges on these services. As per a press release issued by the bank, with effect from July 1, 2019, no RTGS, NEFT charges will be levied on customers for transactions done via YONO app, Internet banking and mobile banking.
 
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SBI home loan EMIs to drop from today

Wednesday, July 10, 2019, 2:51 PM

India's largest bank, State Bank of India (SBI), has lowered its lending rates by 5 basis points (bps) across all tenors with effect from today (10 July 2019). With this, the one-year marginal cost of funds-based lending rate (MCLR) now stands at 8.40 %. "1 Year MCLR coming down from 8.45 percent p.a. to 8.40 percent p.a ," SBI said in a statement.

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