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The State Bank of India has cut its base rate, the minimum interest rate at which it lends, by 25 basis points to 9.75 percent with effect from Thursday, it said in a statement late on Tuesday.
SBI, India's leading bank, has reduced its home loan interest rates.
PNB customers can get their savings account balance by giving a missed call to call centre number of the bank 1800 180 2222 or 0120-2490000 from their registered mobile number.
Advertisement has been placed for recruitment of clerical cadre in Associate Banks of State Bank of India. There are about 7, 740 clerk jobs available in associate banks of SBI including State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore.
State Bank of Mysore is offering home loans at an interest rate of 10.50% for loan amounts upto Rs. 30 lakhs. This offer is valid upto September 30, 2012. This offer comes along with no prepayment penalty and low processing charges. Interest customers can contact their nearest SBM branches.
Are you a ING Vysya Bank account holder planning to book a bus ticket online? You can get Rs. 50 off transactions done on Redbus.in. The offer is valid upto August 31, 2012.
ING Vysya Bank debit card holders can get Rs. 50 cash back on their online mobile recharge from Paytm upto July 31, 2012.
RBI has now mandated that the MICR code and IFSC code of a bank branch be made available on the passbook/statement of account of account holders.
In a move that would be helpful to many, RBI through a circular issued on May 7, 2012 has further liberalized the foreign exchange remittance limit. The limit for foreign exchange remittance for miscellaneous purposes without documentation formalities, has been raised from USD 5000 to USD 25000 with immediate effect.
In a significant change announced on May 7, 2012 through a circular, RBI has said that the NRIs/PIOs may be permitted, subject to payment of applicable taxes, to transfer repatriable funds from their NRO account within the overall ceiling of US $ 1 million per financial year, for credit to their NRE account in India. At present transfer of funds from NRO to NRE account is not permissible.

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