• Thursday, April 25, 2024

Business

Cheque books, IFSC codes of 6 subsidiary banks invalid from Sept 30: SBI

By: Eastern Eye Staff

The State Bank of India on Thursday notified its customers that cheque books and India Financial System (IFS) code of six of its subsidiary banks would be invalid from September 30 and asked them to submit new applications.  These banks are — Bank of Patiala, State Bank of Bikaner and Jaipur, State Bank of Raipur, State Bank of Travancore, State Bank of Hyderabad and Bhartiya Mahila Bank.   Earlier in April, these banks had merged with SBI, which put SBI among the top 50 banks in the world, reported Money Control.  The bank is also examining customer feedback over the charges for non-maintenance of monthly balance in their accounts,…

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