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Thank god I don't have an account in SBI, but how long before private banks adopt the same policies? We live in an age where we get taxed if we don't put our money in the banks, and taxed if we do. Basically, the govt. wants a larger chunk of our hard earned money to go into their coffers. And what are they doing with this money? Bailing out fraudsters and funding temples? Not hating, just sad.

News Story:

SBI minimum account balance: Penalty and other rules explained
livemint.com/money/personal-fi

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