The RBI rolled out new directives regarding inoperative accounts and barred banks from penalising or imposing charges on accounts inactive (no transaction) for over two years. "Banks are not permitted to levy penal charges for non-maintenance of minimum balances in any account that is classified as an inoperative account. No charges shall be levied for activation of inoperative accounts," the rules said. Further, interest on savings accounts shall be credited regularly irrespective of the fact that the account is in operation or not.