Lok Sabha panel urges banks to scrap penalties on minimum balance rule (Soban News)

Instead of imposing penalties, the panel suggested that banks encourage customers to maintain higher balances through incentives such as reward points, fee waivers and interest rate benefits​Instead of imposing penalties, the panel suggested that banks encourage customers to maintain higher balances through incentives such as reward points, fee waivers and interest rate benefits ​Latest News [ SOBAN NEWS: International and National ]