Clearance of 38 lakh cheques worth Rs 37,000 cr affected by bank strike

Clearance of 38 lakh cheques worth Rs 37,000 cr affected by bank strike

Clearance of 38 lakh cheques worth Rs 37,000 cr affected by bank strikeDec 17, 2021, 11:35 AM IST

The ongoing two-day nationwide bank strike against the privatisation of government banks has affected clearing of cheques worth about Rs 37,000 crore, said C.H. Venkatachalam, General Secretary of the All India Bank Employees' Association (AIBEA).

SBI hikes base rate by 0.1 per centDec 17, 2021, 11:31 AM IST

SBI has migrated to External Benchmark Lending Rate (EBLR) linked to repo rate since January 2019. There is no change in EBLR rate and this rate changes with change in benchmark interest rate of Reserve Bank of India (RBI).

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