Balance is the average balance that individuals are required to maintain in their savings or current account in a calendar ...

SBI has eliminated the average monthly balance that it had been charging since 2020. The savings account will no longer be charged even if the minimum balance requirements are not fulfilled.

Several major Indian banks, including PNB, Bank of Baroda, Indian Bank, and Canara Bank, have eliminated the requirement to maintain an Average Monthly Balance (AMB) in many or all savings accounts.

The report added that a sharp but temporary decline in global crude prices following a ceasefire between Israel-Iran, coupled ...

Europe will offer you a new and rich educational, cultural and living experience, while giving you the independence and ...

The next week starting from July 14 is expected to see more consolidation and volatility given the uncertainty around trade ...

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Dreamfolks is facing a turbulent period. With over 50% of investor wealth lost and increasing competition, the company's ...

ICICI Prudential AMC, India’s largest active asset manager by assets under management, will be the first mutual fund IPO from the ICICI Group and the fifth AMC listing overall ...

New Delhi: Good news for bank customers! Several major public sector banks in India have scrapped the requirement to maintain an Average Monthly Balance (AMB) in savings accounts. This move comes as a ...

Sri Lanka's imports fell 179 million US dollars to 1,507 million US dollars in May 2025 from a month earlier, amid fall in ...

US Federal Aviation Authority had flagged a problem with fuel control switches of older Boeing aircraft as far back as 2018, ...