Search result for 'minimum balance charges'

Indian Overseas Bank (IOB) announces waiver of minimum balance charges for savings accounts. Effective immediately, providing relief to customers.

RBI expands services for Basic Savings Bank Deposit (BSBD) accounts, offering free digital banking. Internal Ombudsman mechanism to be strengthened.

ICICI Bank reduces minimum balance requirement to Rs 15,000 from Rs 50,000 after customer feedback. Semi-urban & rural rates also lowered.

Most PSU banks have removed minimum balance charges on savings accounts. Financial inclusion boosted by zero balance accounts.

Indian Bank reduces MCLR for one year maturity by 5 basis points to 9%, effective July 3. This benefits borrowers with lower interest rates on loans. Also, minimum balance charges waived on...

Punjab National Bank (PNB) waives penal charges for non-maintenance of minimum balance in savings accounts, promoting financial inclusion.

India aims to open 3 crore new PMJDY accounts in FY25, boosting financial inclusion. Finance Minister Nirmala Sitharaman announced the target ahead of the scheme's 10th anniversary.