ICICI Bank News
The revision came after a pushback from customers and days after the second-largest bank in the country raised the MAB requirement from Rs 10,000 to Rs 50,000 for new customers in urban cities.
Jay Kotak Slams ICICI Bank MAB Hike
90 Percent Of Indians Earn Less Than Rs 25,000 Every Month: Jay Kotak
ICICI Bank Raises Minimum Average Monthly Balance To Rs 50K
According to the latest update on the bank’s website, customers in metro and urban areas who opened their savings accounts on or after August 1 must maintain a monthly average balance of Rs 50,000 to avoid penalties.
The market capitalisation of Bharti Airtel lost Rs 29,936 crore to reach around Rs 10.75 lakh crore.
The private sector lender saw a decline of over Rs 5,000 crore in its net income or income from operations sequentially at Rs 74,576 crore against Rs 79,747 crore in Q4 FY25. However, the net income surged Rs 7,306 crore YoY from Rs 67,270 crore in the same period a year earlier, according to its filing.
The government said these banks did not perform up to the standards in important government schemes and did not meet general banking goals in the last two financial years.
In a YouTube video, former HDFC chairman Deepak Parekh recalled a conversation with former ICICI Bank MD & CEO Chanda Kochhar.
The latest FD rates are applicable from 10 June 2025, as per ICICI Bank website.
HDFC And ICICI Bank Credit Card Charges: ICICI Bank has also made changes in several service charges. The fee for depositing cash, cheques, or for DD (demand draft) and PO (pay order) transactions has been changed.
The latest FD rates are applicable from May 27, as per ICICI Bank website.
Starting May 2025, ATM charges have gone up across major banks like HDFC, SBI, ICICI, and PNB. While the number of free transactions remains the same, withdrawing cash beyond the limit will now cost more. Here's a quick look at the updated charges bank by bank.
Here is a list of credit card providers that offer complimentary access to domestic and international airport lounges to unwind before a journey.
Shares of ICICI Bank ended on a flat while shares of HDFC Bank ended over 1 percent, following reports on March quarter earning.
The market cap of Bajaj Finance rose by Rs 14,712.85 crore to Rs 5,68,061.13 crore. The market cap of ITC grew by Rs 6,820.2 crore to Rs 5,34,665.77 crore.
The PSU Bank index has confirmed an inverted Head & Shoulders breakout, reinforcing the case for further upside.
ICICI Bank’s total deposits grew 14 per cent YoY to Rs 16.11 lakh crore by March 31. On a quarterly basis, deposits rose 5.9 per cent.
According to the bank, the higher NPA additions during the third quarter typically come from its Kisan Credit Card portfolio, a credit scheme for farmers. The bank's provision coverage ratio for non-performing loans stood at 78.2 per cent as of December 2024.
As per the data by the official data, the retail inflation in November was at 5.48 per cent as compared to 6.21 per cent logged in October, falling in line with the Reserve Bank of India's 2-6 per cent comfort band.
New rules will come into effect for ICICI Credit Card holders from November 15. Here are the details.
Check out new rules that will be applicable from November 15 for ICICI Credit Card holders.
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