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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 ...
It’s far too early to tell if ICICI Bank’s minimum balance hike for new savings accounts is a sound decision, but the wheel ...
The average balance requirement is ₹2000 to ₹100000 in urban centres. Non-maintenance fee varies from ₹150 to ₹1000; private ...
The minimum balance requirements for bank accounts are decided by the lenders and are not in the regulatory domain of the ...
ICICI Bank has hiked minimum balance requirements for new customers, effective August 1. Urban and metro customers must now ...
ICICI Bank has introduced new minimum balance rules requiring account holders to maintain a balance of ₹50,000. This change ...
The exchange between former RBI Deputy Governor SS Mundra and Pranav Gundlapalle of Bernstein underscores a larger question ...
Ever since ICICI Bank's decision to increase its minimum balance was announced, netizens and influencers have taken their ...
While the State Bank of India, the largest bank, does not have any MAB requirement as per its website, other public sector ...
Starting August 1, 2025, ICICI Bank increased its minimum balance requirement for new savings accounts. Metro and urban ...
Malhotra noted that since the matter is not regulated by the RBI, each bank is free to set its own policy on minimum balance ...