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HYDERABAD: State Bank of Hyderabad (SBH) has announced the introduction of `no-frills savings bank account' here on Monday. The minimum balance for such a savings account would be Rs 25 in rural and semi-urban areas and Rs 50 in urban areas, the bank said. According to the bank, chequebook facility would not be available under the no-frills account scheme and ATM cards would be provided on selective basis.
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