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ICICI Bank, India’s second-largest private sector lender, has reversed its decision to raise the minimum monthly average ...
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.
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India Today on MSNICICI Bank lowers minimum balance for savings accounts after outrage
Rs 15,000 for customers in metro and urban areas, Rs 7,500 for semi-urban customers, and Rs 2,500 for those in rural ...
Under the revised structure, customers in semi-urban locations will need to maintain an MAB of Rs 7,500, while rural account ...
ICICI Bank has lowered the minimum balance for new savings accounts opened on or after 1st August 2025. Urban customers now ...
Now, with effect from August 1, new ICICI Bank savings accounts will attract a minimum balance requirement of Rs 15,000 in ...
Let's delve into a comparative analysis of the minimum balance requirements by major banks in the country, such as the State ...
ICICI Bank's announcement last week had raised the MAB to Rs 50,000, which was in contrast to other banks that have ...
The bank had raised its minimum monthly average balance requirement fivefold to Rs 50,000 from Rs 10,000 for new savings ...
ICICI Bank has revised its minimum balance requirements, reducing urban and metro areas to ₹15,000 and semi-urban to ₹7,500. Rural areas now require ₹2,500.
ICICI Bank has reduced its minimum monthly average balance requirement for savings accounts from Rs 50,000 to Rs 15,000 after ...
The revision came after a pushback from customers and days after the second-largest bank in the country raised the MAB ...
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