10-March-2026
Banking
 
Banks net Rs 19,000 crore from minimum balance fine
10-Mar-2026

Private sector and state-run banks raked in around 19,000 crore from account holders for not maintaining minimum balance in three financial years -2022-23 to 2024-25. While private sector banks mopped up around Rs 11,000 crore, public sector players collected Rs 8,093 crore, according to data shared by the finance ministry in Lok Sabha on Monday.

News Source:- https://timesofindia.indiatimes.com/business/india-business/banks-net-rs-19000-crore-from-minimum-balance-fine/articleshow/129366297.cms