ICICI Bank’s Higher Minimum Balance Rule Draws Strong Response

ICICI Bank’s Higher Minimum Balance Rule

New Delhi, August 9, 2025 — ICICI Bank has sharply raised the minimum average balance requirement for new savings accounts, a change that’s set to affect thousands of customers across the country. Starting on August 1, people who open new accounts in cities and metro areas must retain an average balance of ₹50,000, up from the previous … Read more

📊 HDFC Bank Q1 FY26 Results: A Rollercoaster Start to the Fiscal Year

With some significant gains offset by a few disappointments, HDFC Bank’s start to FY26 was somewhat of a rollercoaster. On the one hand, steady revenue growth and a robust increase in deposits indicated that consumer confidence held steady. As per a regulatory filing on Saturday, the bank reported a 1.31% dip in consolidated net profit to ₹16,258 … Read more