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The average balance requirement is ₹2000 to ₹100000 in urban centres. Non-maintenance fee varies from ₹150 to ₹1000; private ...
ICICI Bank has to increase its minimum monthly average balance (MAB) for new savings accounts starting August 1, 2025, with ...
Ever since ICICI Bank's decision to increase its minimum balance was announced, netizens and influencers have taken their ...
ICICI Bank has hiked minimum balance requirements for new customers, effective August 1. Urban and metro customers must now ...
In metro and urban branches, the minimum average balance will jump from Rs 10,000 to Rs 50,000. For semi-urban areas, it will ...
The changes are applicable to ICICI Bank savings accounts opened on or after August 1. The minimum balance remains ₹5,000 for ...
The minimum balance requirements for bank accounts are decided by the lenders and are not in the regulatory domain of the ...
RBI governor clarifies ICICI Bank’s move on minimum balance is a bank-level decision, not a regulatory mandate.
As per the updated rules, new account holders who open accounts with the bank after August 1, will be required to maintain a ...
The RBI has clarified that individual banks determine Minimum Average Balance (MAB) requirements for savings accounts. While ...
"The Reserve Bank of India has left it to the banks to decide the quantum of minimum average balance," Malhotra told ...
Rohan Mandora, Associate Director at Equirus Securities, shared his outlook on State Bank of India’s first quarter results, ...