Banks Collected ₹26,170 Crore in Minimum Balance Penalties Over 4 Years: Government Data

Banking

29 July 2026 at 9:29 am

Banks Collected ₹26,170 Crore in Minimum Balance Penalties Over 4 Years: Government Data

HyperFast News

Summary

Government data reveals that banks collected over ₹26,170 crore in minimum balance penalties from customers between FY23 and FY26, with private lenders continuing to collect significant amounts despite public sector banks largely scrapping such charges.

Select what you want to create

Turn this story into an image post, carousel, video, audio reel, blog, and more — all from HyperFast News.

FAQ

Newsroom FAQs

About the public HyperFast News news feed powered by NewsEngine.