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Are Penalties for Not Maintaining Minimum Balance Unfair? PSBs Levy Rs 8,495 Crore in Five Years

The Ministry of Finance revealed that 11 public sector banks (PSBs) charged customers Rs 2,331 crore for not maintaining minimum balances in FY2024, marking a 25.63% increase from the previous year. The revelation has ignited responses from the political and banking spectrum.
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Abhivad

03/08/2024

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