SBI Extends Overdraft Facility Against FD for Online Customers

Mumbai: State Bank of India, the country's largest lender, on Tuesday said it has extended overdraft facility against fixed deposit (FD) for its internet banking users. So far, the facility was available for customers at branches only. "We have launched an online facility for overdraft against fixed deposit. This will help them to use the facility at their own convenience," chief general manager (personal banking) Anuradha Rao said...