Can banks decide the minimum balance requirement for savings accounts? RBI Governor Sanjay Malhotra says the banks have the ...

MUMBAI: RBI Governor Sanjay Malhotra has said that the regulator has left it to individual banks to decide on the extent of ...

Public sector banks generally have lower balance requirements than private lenders, with Jan Dhan accounts exempt from such ...

Recently, the private lender has raised the minimum balance requirement for new savings accounts opened on or after August 1 ...

Gozaria: Reserve Bank of India Governor Sanjay Malhotra on Monday said banks are free to decide the minimum balance for ...

India is expected to grow 6.5 per cent, as against the International Monetary Fund's (IMF's) estimate of about 3 per cent ...

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday clarified that minimum balance requirements for savings ...

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.

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 ...

RBI Governor Sanjay Malhotra acknowledges the difficulty in predicting the impact of potential US tariffs on India's GDP ...