SBI Collects Over Rs 2,400 Crore As Minimum Balance Penalty In FY18 From Customers

Axis Bank collected Rs 530.12 crore in the last fiscal while ICICI Bank charged Rs 317.6 crore.

Your Money | | Updated: August 06, 2018 17:54 IST
SBI Collects Over Rs 2,400 Crore As Minimum Balance Penalty In FY18 From Customers

According to the RBI norms, banks are permitted to levy sevice/miscellaneous charges.