HomeAI · summaries
Storia in 2 fonti
Minimum balance charges swell pvt banks' coffers by nearly Rs 5,000 cr in FY26
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. HDFC and Axis Banks led private sector collections for these account charges. No penalties are applied to basic savings accounts, including Jan Dhan accounts. The government introduced a credit guarantee scheme to support businesses facing liquidity issues.
Confronto fonti
2 prospettive sulla stessa storiaTimeline cronologica
- ·
thehindubusinessline.com
HDFC Bank, Axis Bank, ICICI Bank collected more than all 12 PSBs for not maintaining minimum avg balance
HDFC Bank, Axis Bank, and ICICI Bank outpace 12 PSBs in minimum balance penalty collections, revealing significant disparities in banking practices.
- ·
economictimes.indiatimes.com
Minimum balance charges swell pvt banks' coffers by nearly Rs 5,000 cr in FY26
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.…
