Axis Bank — huge charges for non-maintenance of balance!

Why is Axis bank charging so much for non-maintenance of balance? Even SBI have reduced their minimum maintenance balance to Rs 3000 (for Metro areas). Still Axis is asking a minimum balance of Rs 10, 000. If we do not maintained then they are charging every month over Rs 600 including taxes. Is this fair. Since we have opened the account in Axis, it is not so easy to move to other bank as well.

I think the authority needs to look into this.