Bank Holidays This Weekend: Will Banks Be Open on August 15 & 16? State-Wise List Inside Planning a bank visit this weekend? You might want to check the holiday schedule first. Banking services across India will be impacted due to multiple public holidays, creating a long weekend of limited operations from August 15 to August […]
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Private sector bank ICICI has rolled back its earlier decision. The bank had introduced a rule requiring a minimum balance of ₹50,000 in savings accounts, which drew widespread criticism. Responding to the backlash, ICICI has revised its minimum balance requirements. For Metro/Urban account holders, the new monthly average balance requirement is ₹15,000. In Semi-Urban […]
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New Delhi: The Lok Sabha in the Indian Parliament approved the new Income Tax (No. 2) Bill, 2025 on Monday (August 11, 2025) without any discussion. Union Finance Minister Nirmala Sitharaman introduced this bill. This new bill will completely replace the old Income Tax Act that came into effect in 1961. Almost all recommendations suggested […]
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🏦 ICICI Bank Raises Minimum Balance to ₹50,000: What Every Account Holder Needs to Know Starting August 1, 2025, ICICI Bank has made a bold move that could impact millions of Indians—especially those opening new savings accounts. The bank has hiked its minimum monthly average balance (MAB) requirement to ₹50,000 in metro and urban […]
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