SBI keeps average balance requirement same,allow rationalisation

State Bank of India (SBI) may keep average balance requirement same in financial year 2018-2019,but some rationalisation is possible as bank is reviewing changes,kind of rationalisation (wef Apr'01) is not yet known.SBI has different monthly average balance(MAB) requirement for accounts held in different branches.From October last year, bank lowered MAB from Rs 5,000 to Rs 3,000 for saving accounts & revised downwards penalty imposed for not MAB.

http://www.financialexpress.com/industry/banking-finance/sbi-may-keep-average-balance-requirement-same-but-some-rationalisation-possible-rajnish-kumar/1071185/ (Feb'19,2018)

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SBI keeps average balance requirement same,allow rationalisation

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SBI keeps average balance requirement same,allow rationalisation