State Bank of India (SBI), an Indian multinational, public sector bank, became the 1st bank to launch COVID 19 emergency credit line (CECL) to provide funds to businesses affected by the infectious coronavirus.
SBI Green Marathon Chennai
SBI Green Marathon Chennai is part of the Eventjini Chennai Running Festival powered by Asics.On registration, stand a chance to win an exclusive running kit from Asics. There are in total 10 running kits to be won. SBI Green Marathon in Chennai is set to be the biggest single branded marathon property in India. It is about celebrating the passion for environmental sustainability and better living for our future generations.
SBI to implement OTP-based ATM cash withdrawals from January 1 2020
State Bank of Indiawill introduce One Time Password (OTP)-based ATM cash withdrawals. The step has been taken to reduce the occurrences of unauthorised transactions happening at ATMs. SBI will introduce one-time password for every cash withdrawal of Rs 10,000 and above between 8 am and 8 pm. The OTP-based cash withdrawal will be effectivefrom January 1, 2020 across all SBI ATMs. When an SBI cardholder will enter the amount of cash he/she wishes to withdraw, a screen will appear asking for the OTP. The customer will then have to put the OTP that the bank will send to the registered mobile number. OTP is a system-generated string of numeric characters that allow users to make a single transaction.
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