1.State bank of India will charge customers for not maintaining minimum balance from April 1st.SBI mandates maintenance of Rs 5000 for accounts in metropolitan Areas,Rs 3000 in urban areas Rs 2000 in semi urban areas and 1000 in rural areas.The charges will be levied on the difference between the Minimum balance required and the shortfall.
2.State Run Gas company GAIL has signed a time swap deal with Swiss trader Gunvor to sell some of its U.S Liquefied Natural Gas(LNG) as the Indian firm tries to ease the burden of its costly foreign LNG supplies.
3.India has accepted an invitation to attend the next meeting of the Permanent Indus Commission(PIC) to be held in Lahore.
4.Pakistan has appointed Amjad Hussein B sial, a veteran diplomat as the new secretary of South Association for Regional Cooperation(SAARC)
5.The Himachal Pradesh cabinet approved a proposal to make Dharmshala aas the second capital of the state.The decision was taken by the chief minister of the state Virabhadra Singh.
6.Railway minister Suresh Prabhu unveiled the New business policy plan for 2017-18.Under this plan,the railways will move towards a cashless system and decided to install 6000 Point of Sale terminals and 1000 Automatic cash vending machines across the country.He also stated that Aadhar will be required for ine time registration at the IRCTC site.
7.Andhra Pradesh cainet clears Automobile Industries Policy aimed at the establishment of Engine plants,press shops,body shops,transmission assembly lines,paint shops and foundries in the backward areas of the state.
8.West indies batsman Dwayne smith has announced his retirement from International cricket with immediate effect.
