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Minimum balance charges swell pvt banks' coffers by nearly Rs 5,000 cr in FY26

Private banks collected over Rs 4,900 crore from account holders for minimum balance failures. Public sector banks also gathered Rs 2,100 crore during the same financial year. HDFC and Axis Banks led private sector collections for these account charges. No pe…

By ET Online· The Times of India· 2 months ago· 2 min read
Minimum balance charges swell pvt banks' coffers by nearly Rs 5,000 cr in FY26