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SBI to reintroduce penalty for accounts without minimum balance

From the next financial year (i.e. as of 1st April 2017), the State Bank of India (SBI) will reintroduce penalties for failure to maintain...

Banks should be incentivised to resolve bad loans: SBI

The State Bank of India (SBI) stated on Wednesday that the RBI should incentivise banks to clean up bad loans. Incentives could be in...