State Bank Of India – Branches will be open for Public up to 05.00 pm on 31/03/2012

State Bank of India, vide paper advertisements in leading Indian newspapers has informed that it's Bank Branches will be open for Public up to 05.00 pm on 31/03/2012 (Saturday)

Branches transacting Government business will remain open till late hours as per Reserve Bank of India (RBI) directives.

The Bank's esteemed customers are requested to complete their physical banking transactions will in time. Otherwise, they can transact their Banking Business via Alternate Channels, I.e ATM's, Internet Banking etc.

This move by SBI, should lead to similar advertisements by other Banks too, both Public Sector and Private Sector.

IMPS-Merchant Payment Service pilot launch with State Bank of India

The merchant payment services of IMPS, are slowly gaining visibility in the Indian Payment Industry.

On 30/01/2012, State Bank of India, launched it's pilot project on IMPS. State Bank of India, was one of the Banks which were part of the initial launch of IMPS in November 2010. In 2012, it is also a Pilot Bank of merchant payment services of the IMPS.

Merchant payment services of IMPS offer

1. customer to merchant
2. merchant to merchant
3. merchant to customer

State Bank of India, offers a wide variety of Electronic Payment Options. The full list of SBI ePayments Offerings can be viewed at SBI ePay

The latest innovative addition to SBI customer service, is the facility of availability of knowing your Account Balances and Transaction details over phone round-the-clock. Information on deposits & loan schemes and services also available. Call 1800112211 (tollfree from BSNL/MTNL)