ICICI Backtracks on ₹50,000 Minimum Balance Rule
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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