SBI shuts 41 lakh savings accounts over minimum balance: RTI
The SBI has closed over 41 lakh savings accounts between April 2017 and January 2018 for not maintaining the minimum balance, an RTI response has revealed. The Finance Ministry data revealed that the bank received a windfall of â¹1,771.67 crore from customers for non-maintenance of minimum balance between April and November 2017, which was more than its second quarter profit.