PNB Acquired 170 Crores For Non-Maintenance of Minimum Balance From Their Customers a/c’s

It is well known that sufficient balance would be kept in savings a/c at all-times. If that minimum balance is not maintained, Banks have the right to levy penalty from their customers. As a part of levying penalty, Government sponsored bank PNB(Punjab National Bank)acquired 170 crores in the financial year 2020-21 for non-maintenance of sufficientContinue reading “PNB Acquired 170 Crores For Non-Maintenance of Minimum Balance From Their Customers a/c’s”