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Online Classes :- Current Affairs Part-3

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Minimum balance penalty needed to offset Jan Dhan account costs: SBI

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i. SBI recently announced that penalty for non-maintenance of Minimum Average Balance (MAB) from April 1, 2017 as the government asked SBI to reconsider charges.

ii. Arundhati Bhattacharya, SBI chief clarify that the condition of maintaining minimum balance will not be applicable to the Jan Dhan accounts.

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