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State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)

SBI scraps Rs 500 fee, GST levy on closure of account

This comes weeks after SBI revised minimum balance requirement rules for different types of accounts.

2 Oct 2017 2:57 PM IST

SBI chairperson Arundhati Bhattacharya said ATMs will start dispensing 50 and 20 rupee notes in coming days. (Photo: PTI)

SBI has exempted these accounts from minimum balance rule

Largest lender has fixed Rs 5,000, Rs 3,000, Rs 2,000 and Rs 1,000 for different types of accounts.

2 Oct 2017 12:33 PM IST