Posts

Showing posts from August, 2023

Daily news

 🙏Good Morning All.... 🌻💐👨‍👨‍👦‍👦🙏 ☕🥯12.08.2023 : Today's Banking / Financial News at a Glance  🍒     SBI aims for 1 lakh Customer Service Points by March 2024 : State Bank of India (SBI), the country's biggest lender, aims for 1 lakh Customer Service Points (CSPs) across the country by the end of the current financial year. Currently, SBI manages about 79,000 such CSPs that act as a mini bank by carrying out limited transactions and sourcing business. The bank is poised to improve the entire Financial Inclusion (FI) ecosystem through enhanced product bouquet by extending doorstep banking by way of handheld devices and introducing IRIS scan utility, SBI said in a statement. - economic times 🍒     BoB, Canara, BoM hike lending rates by up to 10 bps : A number of public sector banks, including Bank of Baroda (BoB) and Canara Bank, raised the marginal cost of funds based lending rates (MCLR) by up to 10 basis points even though RBI retained...