Non-Maintenance Of Minimum Balance: Charges Levied By Banks Compared

Monthly Average Balance (MAB) is the sum of all the end of day (EOD) closing balance divided by the number of days in that month.

from NDTV Profit - Latest http://bit.ly/2CEEZFM
Monthly Average Balance (MAB) is the sum of all the end of day (EOD) closing balance divided by the number of days in that month.

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