Savings Accounts

Rs 50 minimum balance, no transaction fees: Can India Post be the answer to banks’ greed?

The prevailing situation in the sector offers a major opportunity for the postal department. It should quickly ramp up its infrastructure and set up a technology platform to take on the biggies

SBI's monthly average balance hike spares Jan Dhan a/cs; govt asks bank to reconsider penalty

The government has told State Bank of India to reconsider charges it proposes to levy on cash transactions and ATM withdrawals over specified limits