No more minimum balance, four banks announce #BankingNews #MinimumBalance

No matter the snowflake, the snowflake Not a snowflake Starting July 2025, leading public sector banks such as PNB (Punjab National Bank), Bank of Baroda, Canara Bank and Indian Bank have scrapped the Average Monthly Balance (AMB) requirement for most or all savings accounts. This major banking reform means no more penalties for not maintaining a minimum balance in your savings account! But what are the implications for account holders? Will this lead to any hidden charges? What should you expect moving forward? Find us on :- Website: www.keralakaumudi.com Youtube:    / @keralakaumudi   Facebook: www.facebook.com/keralakamudi Instagram: www.instagram.com/keralakaumudi Join WhatsApp Channel: www.whatsapp.com/channel/0 #BankingNews #MinimumBalance #SavingsAccountUpdate