SBI started facing broad criticism for this step. So now, the banking concern is going to alter the requirement from monthly average residual to quarterly average residual besides slashing the minimum residual requirement to some Rs 1,000 inward metros.
SBI had originally increased the minimum residual requirement to Rs 5,000 inward June. However, next populace backlash the banking concern brought downwards the minimum residual requirement to Rs 3,000 inward metros, Rs 2,000 inward semi-urban too Rs 1,000 inward rural centres.
The banking concern is going to unloosen a honor regarding the novel changes inward detail.