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Effective August 1, 2025, anyone opening a new savings account in a metro or urban branch will need to maintain a minimum ...
ICICI Bank, India's second-largest private sector lender, has partially rolled back its controversial move to sharply ...
Amid a growing divide in MAB policies among lenders after ICICI Bank increased its minimum average balance to Rs 50,000, private lender HDFC Bank followed suit by elevating MAB to Rs 25,000 effective ...
Minimum balance requirements for savings accounts are now a hot topic of discussion for Indian bank customers, and recent ...
HDFC Bank on Wednesday clarified that the bank has not raised the Average Monthly Balance (AMB) for savings accounts, denying ...
According to HDFC Bank, the AMB for the regular savings account continues to be Rs 10,000. The AMB for the Savings max account remains at Rs 25,000.
India's largest private banking institution-- has hiked the minimum balance limit for savings accounts, making it mandatory ...
The bank stated the AMB for the Regular Savings Account remains at Rs 10,000, while the Savings Max Account continues to ...
Let's delve into a comparative analysis of the minimum balance requirements by major banks in the country, such as the State ...
Customers now have a free monthly cash transaction value of up to ₹1 lakh per account, down from the earlier ₹2 lakh limit, ...
HDFC Bank has clarified that its recent change to minimum balance rules will apply only to new savings accounts opened from ...