https://www.taxtmi.com/news?id=19724 The State Bank of India reduced penalties for non maintenance of an average monthly balance in savings accounts, lowering monthly charges across metro, urban, semi urban and rural categories effective April 1; customers may convert free of charge to a Basic Savings Bank Deposit account to avoid AMB requirements, and existing exemptions for specified account classes remain intact. en-us Tue, 13 Mar 2018 14:59:49 +0530 Tue, 13 Mar 2018 14:59:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19724 The State Bank of India reduced penalties for non maintenance of an average monthly balance in savings accounts, lowering monthly charges across metro, urban, semi urban and rural categories effective April 1; customers may convert free of charge to a Basic Savings Bank Deposit account to avoid AMB requirements, and existing exemptions for specified account classes remain intact. News - Tue, 13 Mar 2018 14:59:49 +0530 https://www.taxtmi.com/news?id=19724