Most banks impose a penalty on their customers for not maintaining the stipulated amount of minimum balance in their savings accounts. The State Bank of India has announced it is reducing the quantum of this penalty
2 min read13 Mar 2018SBI says it is in the process of reviewing the requirement for minimum balance in savings account and the charges applicable for non-maintenance, and will soon make the announcement
1 min read9 Jan 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared