SBI says higher-than-budgeted dividend from RBI gives government room to lower FY26 fiscal deficit to 4.2 per cent of GDP or ...

(AI image) The minimum balance requirement varies ... According to an earlier TOI report, the SBI has eliminated these charges, resulting in Punjab National Bank collecting the highest fines ...

Major banks in India such as State Bank of India (SBI), Punjab National Bank (PNB), and HDFC Bank have announced changes in their minimum balance rules, which will come into effect from April 1, 2025.

However, India’s largest bank, State Bank of India (SBI), stands out as it has not been charging any fee for not maintaining the minimum balance, even as other government banks continue to levy ...

In a recent development, the Reserve Bank of India (RBI) has announced that minors above the age of 10 will be able to open and operate independent bank accounts, a PTI report said.

State Bank (SBI), has not been charging any fee for not maintaining the minimum balance for the last few years. However, several other government banks continue to levy such charges. Among them ...