RBI Governor Sanjay Malhotra Clears the Air: Banks Free to Set Minimum Balance Requirements
In a major update for India’s banking sector, RBI Governor Sanjay Malhotra has clarified that banks are now free to set their own minimum balance requirements for customers, following the recent move by ICICI Bank to introduce new terms. This announcement has sparked widespread discussion, particularly among account holders who rely on the banks for … Read more