https://www.taxtmi.com/news?id=21702 RBI guidance mandates that Basic Savings Bank Deposit Account holders receive specified minimum facilities free of charge without any minimum balance requirement, including cash and electronic deposits, at least four monthly withdrawals, and an ATM/debit card; banks may offer optional value added services with disclosure but must not convert BSBDA status. For other accounts, banks may impose service charges under a Board approved pricing policy provided charges are reasonable, disclosed upfront, and changed only after prior notice. en-us Mon, 15 Jul 2019 18:47:53 +0530 Mon, 15 Jul 2019 18:47:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21702 RBI guidance mandates that Basic Savings Bank Deposit Account holders receive specified minimum facilities free of charge without any minimum balance requirement, including cash and electronic deposits, at least four monthly withdrawals, and an ATM/debit card; banks may offer optional value added services with disclosure but must not convert BSBDA status. For other accounts, banks may impose service charges under a Board approved pricing policy provided charges are reasonable, disclosed upfront, and changed only after prior notice. News - Mon, 15 Jul 2019 18:47:53 +0530 https://www.taxtmi.com/news?id=21702