Exempt current a/c held by traders from minimum balance norm, demands traders' body

The body further demanded that on the lines of Basic Savings Bank Deposit (BSBD) Account or 'no frills savings accounts, Basic Current Account with no criterion of minimum balance should also be introduced. FAIVM National General Secretary V K Bansal said there was no business in the lockdown period and economic activity was at the grassroots level.

from Banking/Finance-Industry-Economic Times https://ift.tt/38HfX7a