ICICI Bank has reversed its decision to raise the minimum monthly average balance (MAB) for new savings accounts in metro and ...

Following the huge public backlash, ICICI Bank has backtracked from its previous ₹50,000 minimum monthly average balance (MAB ...

The ICICI bank on Wednesday revised its minimum balance requirement for new savings account after massive backlash for ...

ICICI Bank had raised minimum balance requirement for its new savings bank accounts for metro, urban locations opened on or ...

ICICI Bank initially raised its minimum monthly balance to Rs 50,000 in metro/urban areas, sparking heavy criticism. The bank ...

The bank's decision comes after strong public criticism, particularly over the earlier increase in urban and metro monthly ...

ICICI Bank's announcement last week had raised the MAB to Rs 50,000, which was in contrast to other banks that have ...

ICICI Bank has rescinded its Rs 50,000 minimum balance requirement for new savings accounts, attracting investor attention to ...

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

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.

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

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.