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A more value-for-money customer is one objective of ICICI Bank’s higher minimum balance requirement. There are also some cost pressures in the backdrop.
The number of free transactions will remain four as before, but after this, Rs 150 will be charged on every transaction. This decision of the bank can have a direct impact on the pockets of small and ...
22hon MSNOpinion
Minimum balance, only banks win while depositors lose out
ICICI Bank's MAB hike controversy has brought the practice under scrutiny, questioning its appropriateness. Introduced in the ...
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