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12 years ago
Good news for the sbi customers as they cut offs the minimum balance in their savings account to attract new customers as this is applicable to new customers also.
http://businesstoday.intoday.in/story/no-minimum-balance-required-for-sbi-savings-a-c/1/186008.html
Its a real good news. There are so many common people who cannot afford to keep 1000RS as minimum balance , its good for them. This will surely attract more customers.
SBI Bank's Customer are more of Villages,so this will be a great relief for them.
Yes now poor people can afford to open and maintain the bank accounts. Thanks to SBI :)
12 years ago
I don't know how RBI allows some private banks to charge exorbitant amount on default in maintaining minimum balance which is back-breakingly high!
12 years ago
This is really a good news for student.They are now free from such kinds of restriction..............
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