RBI Introduces New Minimum Balance Rules: for Bank Accounts New Charges and Compliance Norms Effective From December 10
The Reserve Bank of India has officially announced new minimum balance rules for savings and current account holders, set to take effect from December 10. These updated norms are aimed at improving transparency, standardizing penalty structures, and ensuring customers are treated fairly across all banks. With revised balance thresholds, clearer fee guidelines, and uniform communication … Read more