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Tag: news about icici bank

ICICI Bank raises minimum balance requirement for savings accounts

Posted on August 9, 2025 By admin
ICICI Bank raises minimum balance requirement for savings accounts

Monthly Average Balance is the minimum balance that a customer is required to maintain in the bank account. If the balance in the bank account falls below the required amount, then banks levy a penalty. File | Photo Credit: Reuters ICICI Bank has raised the minimum balance requirement for its new savings bank accounts opened…

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ICICI Bank reports 40% rise in standalone net profit to ₹9,648 crore

Posted on July 22, 2023 By admin
ICICI Bank reports 40% rise in standalone net profit to ₹9,648 crore

A view of the ICICI bank head office in Mumbai. File | Photo Credit: Reuters Private lender ICICI Bank on July 22 reported a 40% rise in standalone net profit to ₹9,648 crore for the June 2023 quarter, helped by a decline in bad loans and an improvement in interest income. The Mumbai-based private sector…

Read More “ICICI Bank reports 40% rise in standalone net profit to ₹9,648 crore” »

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