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  Business   Companies  02 Oct 2017  SBI has exempted these accounts from minimum balance rule

SBI has exempted these accounts from minimum balance rule

DECCAN CHRONICLE
Published : Oct 2, 2017, 12:33 pm IST
Updated : Oct 2, 2017, 12:42 pm IST

Largest lender has fixed Rs 5,000, Rs 3,000, Rs 2,000 and Rs 1,000 for different types of accounts.

SBI is largest lender.
 SBI is largest lender.

Mumbai: The State Bank of India has exempted these bank accounts from the minimum balance maintenance criteria. Largest public sector lender had earlier made maintenance of minimum balance compulsory.

 

Tags: sbi, state bank of india, minimum balance requirement