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Can banks decide the minimum balance requirement for savings accounts? RBI Governor Sanjay Malhotra says the banks have the ...
Public sector banks generally have lower balance requirements than private lenders, with Jan Dhan accounts exempt from such ...
MUMBAI: RBI Governor Sanjay Malhotra has said that the regulator has left it to individual banks to decide on the extent of ...
Gozaria: Reserve Bank of India Governor Sanjay Malhotra on Monday said banks are free to decide the minimum balance for ...
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday clarified that minimum balance requirements for savings ...
One step forward, two steps back—that’s how depositor protection feels at the Reserve Bank of India (RBI) under its 26th ...
Recently, the private lender has raised the minimum balance requirement for new savings accounts opened on or after August 1 ...
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‘Up to banks, not in our regulatory domain’: RBI Gov Malhotra on ICICI Bank’s minimum balance hike
Customers who fail to maintain the minimum average balance requirements will be charged a penalty of 6 per cent of the shortfall in the required balance or Rs 500 as per the bank’s website.
The Reserve Bank of India has "won the battle against inflation" but the war is ongoing as price stability remains the central goal, Governor Sanjay Malhotra said during a fireside chat at a Financial ...
RBI's Monetary Policy Committee, led by Governor Sanjay Malhotra, convened on August 4, 2025, to review key economic ...
RBI Governor Sanjay Malhotra suggests UPI may not remain free, discussing MDR and who bears transaction costs. Details on ...
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Press Trust of India on MSNOngoing uncertainties, frontloaded cuts, core inflation uptick led to status quo on rate: Malhotra
RBI Governor Sanjay Malhotra explains status quo in bi-monthly policy review due to global uncertainties and core inflation ...
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