On RBI's response to ICICI Bank's new rules, Malhotra said the central bank has left it to the banks to decide the minimum ...

ICICI Bank faces backlash for raising minimum balance requirements, prompting debate on impact and potential industry-wide ...

The Reserve Bank of India (RBI) has imposed a financial penalty of Rs7.5m ($85,479) on ICICI Bank for regulatory ...

ICICI Bank has recently changed its minimum balance rules, which have caused concern among some customers. ICICI Bank has ...

ICICI Bank wants to be customers' primary bank—no more maintaining a savings account with a low balance in the country's ...

RBI governor clarifies ICICI Bank’s move on minimum balance is a bank-level decision, not a regulatory mandate.

In metro and urban branches, the minimum average balance will jump from Rs 10,000 to Rs 50,000. For semi-urban areas, it will ...

The changes apply only to accounts opened on or after August 1, alongside revised cash transaction and ATM usage charges.

ICICI Bank recently announced a major minimum average balance (MAB) hike effective August 1, 2025. This change will apply ...

Jay Kotak, the son of well-known banker Uday Kotak and an executive at Kotak Mahindra Bank, spoke out against this rule on ...

ICICI Bank will continue to prioritise a stable, granular, and low-cost funding profile alongside governance, digital growth, ...

The RBI has clarified that individual banks determine Minimum Average Balance (MAB) requirements for savings accounts. While ...