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Deciding min balance not in regulatory domain: RBI guv amid ICICI Bank row
The Statesman Siliguri
|August 12, 2025
Reserve Bank of India Governor Sanjay Malhotra on Monday said setting up a minimum balance in the savings accounts is not in the regulatory domain, and the RBI has left it to the banks to decide.
"Banks can decide and choose the amount they want to fix as a minimum balance. Some banks have fixed it at Rs 10,000, some at Rs 2,000 while others have waived it off. This is not in the regulatory domain," Governor Malhotra said.
Cette histoire est tirée de l'édition August 12, 2025 de The Statesman Siliguri.
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