HDFC Bank, Axis Bank, and ICICI Bank outpace 12 PSBs in minimum balance penalty collections, revealing significant disparities in banking practices.

HDFC Bank, Axis Bank, and ICICI Bank outpace 12 PSBs in minimum balance penalty collections, revealing significant disparities in banking practices.

Private banks collected over Rs 4,900 crore from account holders for minimum balance failures. Public sector banks also gathered Rs 2,100 crore during the same financial year.…