ICICI Bank Eases Minimum Balance Rule After Customer Uproar
Sharp Hike Sparks Outcry In July, ICICI Bank, India’s second-largest private lender, revised the minimum average monthly balance (MAB) for select savings account categories in metro and urban branches from ₹10,000 to an unprecedented ₹50,000. The change, set to take effect on September 1, represented a fivefold jump and triggered strong reactions from customers and political voices alike. Critics argued…



