bank
Economic GD Topics

Banks levying charges on cash transactions – Is it a good move?

Theme :-
  • Large banks of India like SBI, HDFC and ICICI decided to impose limit on cash transactions on monthly basis and will levy charges on cash transactions exceeding free ones.
  • HDFC, ICICI and Axis banks started this charges from
SBI
Economic GD Topics

SBI merger with associate banks – Good or Bad?

Theme :-
  • State Bank of India’s five associate banks will be merged with SBI from 1st April, 2017. This is the biggest merger yet in the Indian banking industry.
Good :-
  • With this move, SBI’s assets will be 37 lakh