Private banks collect ₹4,948.71 crore in minimum-balance charges in FY26
HDFC Bank collected ₹1,798.14 crore and Axis Bank ₹1,081.33 crore, together contributing about 58% of private-bank minimum-balance charges. Public-sector banks collected ₹2,137.92 crore, while ECLGS 5.0 offers emergency credit support for eligible MSMEs and other businesses.
Private banks collected Rs 4,948.71 crore in FY26 minimum-balance charges, led by HDFC Bank and Axis Bank. The government also highlighted ECLGS 5.0, offering guaranteed emergency credit to MSMEs and other eligible businesses affected by the West Asia crisis.
Why this matters
HDFC Bank’s ₹1,798.14 crore FY26 minimum-balance charges add a fee-income lens to its recent credit-card leadership, as banks also cut card rewards amid tighter card margins.
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