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PSBs are under government scrutiny regarding their fee practices, while private sector banks have collected more fees.

1 report, 1 independent Updated Jul 28
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What happened

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PSBs are under government scrutiny regarding their fee practices, while private sector banks have collected more fees.

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What this event is mainly about

How it developed

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  1. Minister of Finance expanded oversight of bank fees.Sub-event
  2. Government scrutiny targets PSB fee practices, noting private banks collect more fees.1 source

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Coverage

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  • livemint.comPrivate banks collect ₹4,949 crore in minimum balance penalties in FY26, more than double of PSBs | Mint