Penalty for not maintaining minimum balance: 11 public sector banks recovered ₹ 9,000 crore from account holders in five years

Penalty for not maintaining minimum balance: 11 public sector banks recovered ₹ 9,000 crore from account holders in five years

New Delhi10 minutes ago Copy link The country has recovered a penalty of about Rs 9,000 crore from customers for not maintaining a minimum average balance in a savings account in the last 5 years. Some public sector banks recovered penalty from customers for not having a monthly minimum amount in the account, while some…

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