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Huge spike in digital transactions because of demonetisation: B Shriram, MD SBI

Huge spike in digital transactions because of demonetisation: B Shriram, MD SBI

Tuesday, March 21, 2017, 10:52 AM

State Bank of India (SBI) is in a digital mode now with close to 80% of its transactions taking place via alternate channels. While it has seen a surge in deposits following demonetisation, the interest rates that customers earn would depend on how much of the money stays back, managing director B Sriram tells Shayan Ghosh and Shobhana Subramanian.
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