Home Business SBI collected Rs. 1771 crore as non-maintenance of minimum balance during Apr-Nov...

SBI collected Rs. 1771 crore as non-maintenance of minimum balance during Apr-Nov ’17: Data

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(G.N.S) Dt. 02 New Delhi RBI has formulated the penal charges rule with an objective of bringing in fairness from the customers’ angle. The regulations of Reserve Bank of India (RBI) mandate that charges for non-maintenance of minimum balance in savings bank accounts be “reasonable and not out of line

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