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RBI Governor Sanjay Malhotra

RBI Governor Sanjay Malhotra Clears the Air: Banks Free to Set Minimum Balance Requirements

RBI Governor Sanjay Malhotra Clears the Air: Banks Free to Set Minimum Balance Requirements

Posted by By Sujal Singh August 11, 2025
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…
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