SBI collects â¹1,771 cr from below minimum balance accounts
SBI collected â¹1,771 crore during April-November 2017 as charges from customers who didn't maintain their minimum monthly average balance in their accounts, according to Finance Ministry data. The total penalty amount collected by public sector banks was â¹2,321 crore for the period. SBI is followed by PNB and Central Bank of India which collected â¹97 crore and â¹68 crore respectively.