Home Business SBI slashes minimum balance non-maintenance fines by up to 75%

SBI slashes minimum balance non-maintenance fines by up to 75%

By
Arpita Goswami
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495
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(G.N.S) DT.13 Bringing major relief to customers, the SBI, India’s largest public lender, has slashed penalties for non-maintenance of Average Monthly Balance (AMB) in savings accounts by as much as 75%. The new rates, effective April 1, would benefit over 25cr customers. This comes over two months after the finance

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