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Minimum Balance in Saving Accounts

News and Press Release - Dated:- 25-11-2016 - Press Information Bureau Government of India Ministry of Finance 25-November-2016 17:26 IST Reserve Bank of India (RBI) vide its circular dated August 10, 2012 on Financial Inclusion - Access to Banking Services - Basic Saving Bank Deposit Account, advised all Scheduled Commercial Banks to offer a Basic Savings Bank Deposit Account which shall not have the requirement of any minimum balance. In terms of aforesaid circular, banks have been advised to .....

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