Private Banks Collect ₹4,949 Crore in Minimum Balance Penalties in FY26

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Banking

28 July 2026 at 9:26 pm

Private Banks Collect ₹4,949 Crore in Minimum Balance Penalties in FY26

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Summary

Private banks collected ₹4,949 crore in minimum balance penalties in FY26, more than double the amount collected by public sector banks, many of which have removed such charges.

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