Bengaluru Malayali saw his tribal staff lose wages to bank's minimum balance penalties, his fight now forced a change
Published on: Feb. 15, 2026, 11:06 a.m. | Source: Malayala Manorama
A Bengaluru-based entrepreneur named Parameswaran Krishna Iyer initiated a significant policy change after witnessing his tribal employees repeatedly.minimum balance penalty banks, stop bank penalties, Parameswaran Krishna Iyer bank complaint, tribal workers bank fees, AI impact on banking fees, LLM driven financial policy change, bamboo products company social impact, savings account minimum balance reform, Lok Sabha committee bank charges, financial inclusion policy India, sustainable business social responsibility, minimum balance penalty, bank minimum balance charges India, parliamentary committee banks, savings account penalty India, Lok Sabha petitions committee, bank penalties FY 2024-25, RBI minimum balance guidelines, public sector banks penalties, private sector banks penalties, tribal workers banking issues, financial inclusion India, Bengaluru entrepreneur story, Malayali entrepreneur Bengaluru, Parameswaran Krishna Iyer, Bamboopecker founder, bamboo industry India, sustainable bamboo products, tribal employment India, bank charges on poor, minimum balance injustice, DFS RBI guidelines, cooperative banks RRBs penalties, APJ Abdul Kalam inspiration, rural livelihoods bamboo, sustainable enterprises India
