PSBs may remove min balance fines | Dununu.com : Circle of Life -...

Dununu.com Dununu

Patrocinados

PSBs may remove min balance fines

RSS Feed Business

Posted

156

Following finance ministry concerns over declining low-cost deposits, several public sector banks, including Canara Bank and Punjab National Bank, are scrapping minimum balance penalties on savings accounts. This policy shift, influenced by Jan Dhan account data and SBI's earlier move, aims to boost CASA deposits. Banks will now recover costs through alternative fees like debit card charges.

Read Full Article

Please log in to like, share and comment!

Drunk, shirtless MNS leader’s son abuses woman, flaunts father's clout - Viral video

By 0 6

'Should act and speak prudently': China protests PM Modi's birthday greeting for Dalai Lama; lodges formal protest

By 0 6

PM Oli briefs House on diplomatic wins, LDC advocacy in Spain

KATHMANDU: Prime Minister KP Sharma Oli on Monday addressed the House of Representatives to...

By 0 11

King: SRK, Suhana to begin European schedule in August

After an intense initial schedule at Mehboob Studios, the production of 'King,' starring Shah...

By 0 11

ICAI CA Foundation May 2025: Vrinda Aggarwal tops exam, A look at her inspiring journey

By 0 17