Is ICICI Bank’s ₹50,000 Minimum Balance Rule the End of Affordable Banking?
In a move that has sent shockwaves across the Indian banking landscape, ICICI Bank has sharply increased the minimum balance requirement for new savings account holders. Effective August 1, 2025, customers opening new accounts will now be required to maintain a significantly higher Monthly Average Balance (MAB) — a step that marks a clear shift toward premium
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