(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 ...

MPC meeting, SBI Research predicts a 50-basis point rate cut by the RBI to counter global uncertainty and boost domestic growth. With surplus liquidity, falling inflation, and strong financials of ...

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 ...