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 has revised its minimum average monthly balance (MAMB) requirements for new accounts. In metro and urban areas, ...

The changes apply only to accounts opened on or after August 1, alongside revised cash transaction and ATM usage charges.

ICICI Bank wants to be customers' primary bank—no more maintaining a savings account with a low balance in the country's ...

ICICI Bank has raised the minimum monthly average balance for savings accounts in urban areas from ₹10,000 to ₹50,000, ...

ICICI Bank raises minimum balance requirement for new savings accounts to ₹50,000, impacting rural and semi-urban customers.

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 ...

The minimum balance requirements for bank accounts are decided by the lenders and are not in the regulatory domain of the ...

Failure to maintain the required balance may attract penalties. Customers who do not maintain the minimum average balance ...

ICICI Bank faces backlash for raising minimum balance requirements, prompting debate on impact and potential industry-wide ...