The Financial Express

Punjab National Bank waives penalty charges for not maintaining minimum balance in savings accounts

In a major relief for account holders, Punjab National Bank (PNB) has announced that it will no longer levy penalties for not maintaining the minimum average balance in savings accounts. The move is ...
Mint

Good news for PNB customers! No more penalty if you can't maintain minimum savings account balance — What this means

Good news PNB customers! The Punjab National Bank has decided to waive off the penal charges on its customers if they do not maintain the Minimum Average Balance (MAB) in savings accounts, the lender ...
The Hindu

Indian Bank, PNB drop minimum balance charges

Indian Bank has announced complete waiver of minimum balance charges across all savings bank accounts effective July 7. Effective July 1, Punjab National Bank, too, has decided to waive penal charges ...
NDTV

These Banks Have Removed Minimum Balance Requirement: Check List

Major Indian banks have removed the requirement to maintain Average Monthly Balance. Giving relief to customers, some of the major publicly listed banks in India have removed the compulsory practice ...