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ICICI Bank, India’s second-largest private sector lender, has reversed its decision to raise the minimum monthly average ...
The bank had raised its minimum monthly average balance requirement fivefold to Rs 50,000 from Rs 10,000 for new savings ...
Under the revised structure, customers in semi-urban locations will need to maintain an MAB of Rs 7,500, while rural account ...
This decision comes days after the bank faced sharp criticism from customers as well as civil society groups, for raising the ...
ICICI Bank has revised its minimum balance requirements, reducing urban and metro areas to ₹15,000 and semi-urban to ₹7,500. Rural areas now require ₹2,500.
Let's delve into a comparative analysis of the minimum balance requirements by major banks in the country, such as the State ...
ICICI Bank's announcement last week had raised the MAB to Rs 50,000, which was in contrast to other banks that have ...
ICICI Bank has lowered the minimum balance for new savings accounts opened on or after 1st August 2025. Urban customers now ...
A more value-for-money customer is one objective of ICICI Bank’s higher minimum balance requirement. There are also some cost ...
ICICI Bank has reduced its minimum monthly average balance requirement for savings accounts from Rs 50,000 to Rs 15,000 after ...
The revision came after a pushback from customers and days after the second-largest bank in the country raised the MAB ...
ICICI Bank is facing flak from a section of the internet for its decision to raise the minimum balance requirement for ...