Current Affairs · Banking Sector Reports
In August 2025, according to data presented in the Rajya Sabha, eleven public sector banks (PSBs) collected approximately ₹9,000 crore between FY21 and FY25 as penalties for low balance in savings accounts. Which PSB collected the highest penalty amount during this period?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Bank of Baroda
- 2Indian Bank✓
- 3Canara Bank
- 4Punjab National Bank
Correct answer
Indian Bank
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