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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.
Check how much you need to maintain in HDFC, SBI, Kotak Mahindra, among other private and public sector banks’ savings ...
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.
Let's delve into a comparative analysis of the minimum balance requirements by major banks in the country, such as the State ...
Effective August 1, 2025, anyone opening a new savings account in a metro or urban branch will need to maintain a minimum ...
The bank had raised its minimum monthly average balance requirement fivefold to Rs 50,000 from Rs 10,000 for new savings ...
ICICI Bank has slashed minimum balance requirements for new savings accounts after backlash over a steep hike. From August 13 ...
The bank's decision comes after strong public criticism, particularly over the earlier increase in urban and metro monthly ...
Malhotra noted that since the matter is not regulated by the RBI, each bank is free to set its own policy on minimum balance ...
ICICI Bank minimum balance (MAB) requirements have been revised after an earlier steep hike of ₹50,000, following “valuable ...
In a U-turn, ICICI Bank has slashed the minimum monthly average balance (MAB) requirement to ₹15,000 from the earlier steep hike of ₹50,000, citing “valuable feedback” from customers. The minimum ...