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The minimum balance requirement for its new savings bank accounts opened on or after August 1 was raised five times to Rs 50,000.
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The lender has slashed the MAB for metro & urban locations to Rs 15,000 from Rs 50,000, for semi-urban to Rs 7,500 from Rs 25,000 and for rural to Rs 2,500 from Rs 10,000.
ICICI Bank has revised its minimum balance requirements, reducing urban and metro areas to ₹15,000 and semi-urban to ₹7,500.
ICICI Bank has reversed its decision to raise the minimum monthly average balance (MAB) for new savings accounts in metro and ...
Let's delve into a comparative analysis of the minimum balance requirements by major banks in the country, such as the State ...
Minimum balance requirements for savings accounts are now a hot topic of discussion for Indian bank customers, and recent ...
HDFC Bank, which is the largest private sector bank in India, offers multiple variants of Savings Accounts in line with the ...
According to HDFC Bank, the AMB for the regular savings account continues to be Rs 10,000. The AMB for the Savings max account remains at Rs 25,000.
ICICI Bank, India's second-largest private sector lender, has partially rolled back its controversial move to sharply ...
ICICI Bank faced widespread criticism after announcing a significant increase in minimum balance requirements for new account ...