No minimum bank balance charge for savings a/c; ATM wtihdrawal free

New Delhi: Finance Minister Nirmala Sitharaman on Tuesday waived minimum bank charges for savings bank accounts to help citizens deal with the lockdown due to the coronavirus crisis.

Also, free of charge cash withdrawal from any other bank ATM allowed for debit card holders for 3 months, she said.

‘Monitoring stock markets’ Finance Minister Nirmala Sitharaman on Tuesday said regulators and her ministry are monitoring developments and volatility in stock markets.

She said the developments on stock markets are monitored thrice a day.

The government is working on an economic package to deal with the hardships caused by the lockdown to control the coronavirus crisis and the same will be announced soon, she said adding different sub-groups have held sectoral discussions.