Indian public sector banks earn AED 1 billion through minimum balance penalties
Even if consumers have no money in their savings accounts, banks are still making money by charging fees for not keeping a minimum balance. Banks Earned ₹2,331 Crore (AED 1.08 Billion) in PenaltiesIn the financial year 2024, 11 public sector banks charged account holders ₹2,331 crore (AED 1.08 billion) in penalties for not maintaining a […]
