ICICI Bank raises minimum balance requirement for new savings accounts to ₹50,000, impacting rural and semi-urban customers.

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.

ICICI Bank recently announced a major minimum average balance (MAB) hike effective August 1, 2025. This change will apply ...

ICICI Bank, India’s second-largest private sector lender, has reversed its decision to raise the minimum monthly average ...

ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance ...

ICICI Bank's announcement last week had raised the MAB to Rs 50,000, which was in contrast to other banks that have ...

The revision came after a pushback from customers and days after the second-largest bank in the country raised the MAB ...

Amid a growing divide in MAB policies among lenders after ICICI Bank increased its minimum average balance to Rs 50,000, private lender HDFC Bank followed suit by elevating MAB to Rs 25,000 effective ...

Now, with effect from August 1, new ICICI Bank savings accounts will attract a minimum balance requirement of Rs 15,000 in ...

The bank had raised its minimum monthly average balance requirement fivefold to Rs 50,000 from Rs 10,000 for new savings ...

Let's delve into a comparative analysis of the minimum balance requirements by major banks in the country, such as the State ...

Under the revised structure, customers in semi-urban locations will need to maintain an MAB of Rs 7,500, while rural account ...