Tag: minimum
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ICICI Bank’s sharp hike in minimum balance for savings accounts can raise margins and brows
ICICI Bank upping the minimum balance requirement for new savings accounts to ₹50,000 from ₹10,000 earlier indicates a change in the strategy of the...
Minimum monthly balance rule in private banks: How much to maintain in HDFC, ICICI, Axis and other savings accounts
After ICICI Bank increased the minimum average monthly balance (AMB) requirements for savings accounts steeply from August 1, there is a renewed focus on...
‘90% of India makes less than ₹25,000…’: Jay Kotak slams ₹50,000 minimum bank balance rule
ICICI Bank is facing heat after hiking its savings account minimum balance by 5 times, and this time veteran banker Uday Kotak's son Jay...
ICICI minimum balance hiked to ₹50,000: How is MAB calculated? What could be your penalty if you don’t maintain MAB?
ICICI Bank, the second largest private lender in India has announced a sharp increase in the minimum monthly average balance (MAB) requirement for its...
ICICI Bank hikes minimum balance to ₹50,000 on savings account: What does it mean?
ICICI Bank has raised the minimum average balance required for new savings accounts opened from August onwards. According to the lender's official website, in...
