MUMBAI: RBI Governor Sanjay Malhotra has said that the regulator has left it to individual banks to decide on the extent of ...

Can banks decide the minimum balance requirement for savings accounts? RBI Governor Sanjay Malhotra says the banks have the ...

Recently, the private lender has raised the minimum balance requirement for new savings accounts opened on or after August 1 ...

Public sector banks generally have lower balance requirements than private lenders, with Jan Dhan accounts exempt from such ...

Gozaria: Reserve Bank of India Governor Sanjay Malhotra on Monday said banks are free to decide the minimum balance for ...

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday clarified that minimum balance requirements for savings ...

Customers who fail to maintain the minimum average balance requirements will be charged a penalty of 6 per cent of the shortfall in the required balance or Rs 500 as per the bank’s website.

Reserve Bank of India Governor Sanjay Malhotra announced three consumer-centric decisions on August 6, emphasising that these ...

Mumbai (Maharashtra) [India], August 6 (ANI): The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the ...

I don't think he needs advice. I think he is doing a very good job. Maintaining the independence of the central bank is very important. I think he has done a commendable job,” Malhotra said on Friday, ...

In the June MPC, the RBI had reduced the policy repo rate by 50 basis points (bps) to 5.5 per cent with a 'neutral' stance.