ICICI Bank has revised its minimum balance requirements, reducing urban and metro areas to ₹15,000 and semi-urban to ₹7,500.

The lender has slashed the MAB for metro & urban locations to Rs 15,000 from Rs 50,000, for semi-urban to Rs 7,500 from Rs 25,000 and for rural to Rs 2,500 from Rs 10,000.

The revision came after a pushback from customers and days after the second-largest bank in the country raised the MAB ...

In a major relief to its customers, ICICI Bank on Thursday announced a rollback of its recent decision to hike the minimum ...

ICICI Bank minimum balance (MAB) requirements have been revised after an earlier steep hike of ₹50,000, following “valuable ...

For rural areas, the minimum monthly average balance (MAB) ICICI Bank requires is ₹2,500. This is even lower than the earlier ...

This decision comes days after the bank faced sharp criticism from customers as well as civil society groups, for raising the ...

ICICI Bank, India's second-largest private sector lender, has partially rolled back its controversial move to sharply ...

Minimum balance requirements for savings accounts are now a hot topic of discussion for Indian bank customers, and recent ...

The money kept in the ICICI savings account earns an interest of 2.5% per year. However, many feel that this interest rate is ...

Let's delve into a comparative analysis of the minimum balance requirements by major banks in the country, such as the State ...

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