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Mumbai: India's largest public sector bank, State Bank of India (SBI), has announced a change to its Auto-Sweep (MOD) facility. The bank has increased the minimum threshold from Rs 35,000 to Rs 50,000. SBI shared this update through emails to its customers. The message said, 'The minimum threshold limit for the auto sweep facility in Savings Bank accounts has been increased from Rs 35,000 to Rs 50,000. So, the next MOD (Multi Option Deposit) will be triggered at Rs 50,000.' What Is SBI's MOD o ...Read More >
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