No negative balances in savings accounts: RBI - The Economic Times
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According to the RBI, if any bank continues to debit charges on a savings account creating a negative balance, customers can approach the banking ombudsman.
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Negative balances in savings accounts due to penalty charges are now history following a directive from the central bank. The RBI has as
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Deepak kumar on LinkedIn: Although the norms came into effect last year, some banks were continuingβ¦
