Banks Collect Rs 19,000 Crore in Penalties for Minimum Balance Violations
New Delhi: Private and public sector banks together collected close to Rs 19,000 crore from customers for failing to maintain the required minimum balance in their accounts over the last three financial years, from 2022-23 to 2024-25.
According to information shared by the finance ministry in the Lok Sabha on Monday, private sector banks accounted…
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