HomeNewsOpinionBanks get a Rs 8,500 crore worth pot of gold from the bottom of the pyramid

Banks get a Rs 8,500 crore worth pot of gold from the bottom of the pyramid

Dinesh Unnikrishnan • August 01, 2024 / 10:54 IST

Should banks alone be blamed for heavy penalties charged on non-maintenance of minimum balance? In all fairness, state-run banks have been under tremendous pressure by the government to open more accounts.

Banks charged around Rs 8500 crore from customers in last 5 years for not maintaining minimum account balance

To read the full story,

Are you a PRO subscriber? Sign In

Ad free Experience

Seamless navigation, faster responses.
Expert Perspective

Explore 230+ exclusive editorials every month
+

Uncover Insights from World-Renowned Experts and Journalists
Actionable Insights

40+ weekly investment ideas + 3 to 4 daily technical calls
Virtual Events

Exclusive Live Webinars for Expert Trading & Investment Strategies!
Newsletters

Stay ahead with daily and weekly insights

Unlock exclusive discounts