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

MOFSL identifies ICICI Bank, HDFC Bank, and SBI as preferred stocks amidst challenging 2QFY26 with expected NIM contraction. Anticipating improvement in 2H with CRR cut benefits.

Failure to maintain the required balance may attract penalties. Customers who do not maintain the minimum average balance will be levied a penalty at 6 per cent of the shortfall or Rs 500, whichever ...

The changes are applicable to ICICI Bank savings accounts opened on or after August 1. The minimum balance remains ₹5,000 for old customers in rural and semi-urban areas.

ICICI Bank today announced the launch of an online solution to help its customers carry out SWIFT based inward remittances in a faster and hassle-free manner.

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify each bank branch participating in electronic payment ...

Under the revised structure, savings account holders in metro and urban areas must maintain a minimum average balance of Rs 50,000, a substantial jump from the previous Rs 10,000 requirement.

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.

The change applies to all new accounts opened after that date, setting a new benchmark in the industry for the highest MAB requirement among domestic banks.

ICICI Bank Ltd. 532174 shares inched up 0.19% to 1,397.15 Indian rupees Wednesday, on what proved to be an all-around ...

ICICI Bank MAB hike: ICICI Bank, the country’s second-largest private lender, has sharply increased the minimum monthly ...