Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1397)
1397.
How much minimum balance penalty was collected by Public sector banks in 2018-19?
Rs 1,996.46 crores
Rs 3,996.46 crore
Rs 2,996.46 crore
Rs 996.46 crore
Answer: Option
Explanation:
Public sector banks collected Rs 1,996.46 crore in penalty from customers for not keeping minimum monthly balance in savings account in 2018-19. In 2017-18, the 18 public sector banks collected Rs 3,368.42 crore by levying minimum balance penalty.
Discussion:
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