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Here is a comparison between minimum balance requirements of ICICI Bank vs State Bank of India vs HDFC Bank and how much ...
India's largest private banking institution-- has hiked the minimum balance limit for savings accounts, making it mandatory ...
The average balance requirement is ₹2000 to ₹100000 in urban centres. Non-maintenance fee varies from ₹150 to ₹1000; private ...
Leading private lenders such as HDFC Bank, Axis and Kotak Mahindra Bank have much lower minimum average monthly balance ...
ICICI Bank has to increase its minimum monthly average balance (MAB) for new savings accounts starting August 1, 2025, with ...
ICICI Bank raises minimum balance requirement for new savings accounts to ₹50,000, impacting rural and semi-urban customers.
The changes apply only to accounts opened on or after August 1, alongside revised cash transaction and ATM usage charges.
On RBI's response to ICICI Bank's new rules, Malhotra said the central bank has left it to the banks to decide the minimum ...
The RBI has clarified that individual banks determine Minimum Average Balance (MAB) requirements for savings accounts. While ...
RBI governor clarifies ICICI Bank’s move on minimum balance is a bank-level decision, not a regulatory mandate.
The minimum balance requirements for bank accounts are decided by the lenders and are not in the regulatory domain of the ...
ICICI Bank faces backlash for raising minimum balance requirements, prompting debate on impact and potential industry-wide ...