Minimum Bank Balance Reality

Опубликовано: 27 Июль 2026
на канале: Fiknown

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Minimum Bank Balance Reality #shorts

According to the RBI, if any bank continues to debit charges on a savings account creating a negative balance, customers can approach the RBI banking ombudsman. Most banks contacted by TOI said that they do not create a negative balance in savings bank accounts

Recently, The penalty is imposed on Yes Bank because it levied charges on customers for non-maintenance minimum balance in certain savings accounts with insufficient or zero balance, which is in violation of RBI's guidelines

Source:- RBI Notice / TOI Article / Economictimes

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