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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 raises minimum balance requirement for new savings accounts to ₹50,000, impacting rural and semi-urban customers.
The revision came after a pushback from customers and days after the second-largest bank in the country raised the MAB ...
A more value-for-money customer is one objective of ICICI Bank’s higher minimum balance requirement. There are also some cost ...
This decision comes days after the bank faced sharp criticism from customers as well as civil society groups, for raising the ...
ICICI Bank recently announced a major minimum average balance (MAB) hike effective August 1, 2025. This change will apply ...
2don MSN
HDFC Bank Denies AMB Hike For Savings Accounts; ICICI Bank Partially Rolls Back MAB After Outrage
HDFC Bank on Wednesday clarified that the bank has not raised the Average Monthly Balance (AMB) for savings accounts, denying ...
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 ...
7don MSN
ICICI Bank hikes minimum savings account balance in metros, urban areas from Rs 10,000 to Rs 50,000
Under the revised structure, savings account holders in metro and urban areas must maintain a minimum average balance of Rs ...
ICICI Bank, India’s second-largest private sector lender, has reversed its decision to raise the minimum monthly average ...
In a major development for ICICI Bank customers with a savings account, they are required to maintain a higher minimum ...
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