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What is basic a savings bank account? How it is different from a regular savings account?

If a zero minimum balance sounds attractive to you, Basic Savings Bank Deposit Account (BSBDA) is right for you. Contrary to maintaining any minimum average balance like a regular savings account, BSBDA requires a maximum account balance.

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PSBs, top private banks collected over Rs 35,000 crore in penalties since 2018

Minister of State, Dr Bhagwat Karad pointed that these banks collected over Rs 21,000 crore on account of non-maintenance of minimum balance, while over Rs 8,000 was generated due to additional ATM transactions, and SMS services added over Rs 6,000 crore.

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The 2024 Elections Will Be Make or Break for the Opposition, and for India

Building a coalition is the first step but what the opposition need to do is push a new social contract with the voters that lists precisely how it will fulfil its political and economic promises to them.

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SBI customers ALERT! State Bank of India makes BIG announcement for digital transactions charges

SBI customers ALERT! State Bank of India makes BIG announcement for digital transactions charges - It may be recalled SBI, which is country's largest lender, has made all digital transactions free for its customers with effect from January 1, 2020.

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SBI Yet To Refund Rs164 Crore Undue Fee Charged from Jan Dhan Account-holders

The State Bank of India (SBI) is yet to return Rs 164 crore of the undue fee charged from the account holders of Pradhan Mantri Jan Dhan Yojana (PMJDY) towards digital payments during April 2017 and December 2019, a report prepared by IIT-Mumbai said.

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SBI Yet to Refund Rs 164 Crore Undue Fee Charged From Jan Dhan Account Holders

The State Bank of India (SBI) is yet to return Rs 164 crore of the undue fee charged from the account holders of Pradhan Mantri Jan Dhan Yojana (PMJDY) towards digital payments during April 2017 and December 2019, a report prepared by IIT-Mumbai said.

Mumbai , Maharashtra , India , Bombay , Ashish-das , Savings-bank-deposit , Moneylife-foundation , Immediate-payment-service , National-electronic-funds-transfer , State-bank , Pradhan-mantri-jan-dhan-yojana , Basic-savings-bank-deposit-account