SBI's Apr-Nov earning from this fine was over 50% of its net profit in H1

1.3 bn of SBI's 4.2 bn savings bank accounts are under the Jan Dhan Yojana or basic savings bank deposits accounts - both of which are exempt from penalty for not maintaining average balance

State Bank of India, the country’s largest lender, made a whopping Rs 17.7 billion in charges levied on customers failing to maintain their minimum monthly average balance during the April-November 2017 period, according to media reports quoting finance ministry data.

Annual growth in the bank’s revenue on this count cannot be arrived at as SBI had collected no money from customers for not maintaining average balance during the comparable period in 2016. However, the Rs 17.7 billion figure is bigger than the bank’s net profit of Rs 15.82 billion in the July-September quarter and almost half the Rs 35.86 billion