No negative balances in savings accounts: RBI - The Economic Times
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According to the RBI, if any bank continues to debit charges on a savings account creating a negative balance, customers can approach the banking ombudsman.
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RBI asks banks not to create negative balances in savings account through penalty charges
Albin Paul XAVIER on X: @HDFCBank_Cares explain why my savings account shows negative balance contrary to statements by @HDFC_Bank and rules of @ RBI especially during #COVID19 times / X
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