SBI has stated that the new facility will not require a card and will not require OTP and will have minimal contact.
An important update for State Bank of India (SBI) account holders! SBI has introduced a new facility for its customers to withdraw money from ATMs. SBI has introduced QR based cash withdrawals at its ATMs. SBI has stated that the new facility will not require a card and will not require OTP and will have minimal contact.
Here is the procedure for SBI QR based withdrawals: –
Step 1 – Press the QR code button on the SBI ATM
Step 2 – Scan the QR code using the YonoLite processor
Step 3 – After this you can withdraw money.
Earlier on January 14, SBI listed $ 600 million in foreign currency securities under its $ 10 billion global medium-term plan . India INX’s Global Bond Market (GSM) GIFT IFSCs is the primary market platform for raising funds from global investors.
The bonds were issued by the London branch of SBI. They are also priced at a very low coupon price of 1.80 per year. The low coupon reflects the confidence of investors in the country’s largest bank. And leads to a strong process of foreign currency issuance in 2021.
State Bank of India is one of the largest issuers of foreign currency securities listed on India INX with a total value of $ 2.6 billion listed on the Global Securities Market Platform with this listing .
Since the launch of the Global Securities Market, the IFSC in GIFT Bonds ( Bonds ) is leading the list of the site. INX India’s Global Securities Marketplace provides fundraising guidance on par with other international destinations. Since its launch in January 2018, the value of MTNs installed on the India INX operating system is $ 48.5 billion. And a list of securities worth a total of $ 24.5 billion.
On January 12, 2021, India INX Derivatives turnover reached US $ 16.86 billion. The Exchange has made available a list of global deposit receipts and REITs. Also InvITs will be listed soon.