Page 4 - Icici Bank

ICICI Bank raises CSR allocation to Rs 801 cr in FY25, up from Rs 519 cr

ICICI Bank has increased its CSR allocation to Rs 801 crore in FY25, with initiatives spanning healthcare, skill development, rural livelihoods and sustainability commitments

Sebi's index norm relaxation to ease $1 bn sell-off risk for HDFC, ICICI

Sebi's proposed relaxation of index realignment norms could reduce potential $1 billion sell-off risk for HDFC and ICICI Bank, which are heavily weighted in the Nifty Bank index

After ICICI Bank row, HDFC Bank clarifies no change in minimum balance rule

ICICI Bank, India's second-largest private sector lender, has partially rolled back its controversial move to sharply increase the minimum monthly average balance (MAB) for new savings accounts

Stocks to Watch today, Aug 14: JSW Cement, BPCL, Infosys, ICICI Bank, ABFRL

Stocks to Watch today, August 14, 2025: JSW Cement, Jubilant Foodworks, BPCL, Infosys and ICICI Bank are some of the key stocks to watch today

ICICI Bank revises minimum account balance to ₹15,000 from ₹50,000

The revised MAB for new accounts now stands at Rs 15,000 for metro and urban areas, Rs 7,500 for semi-urban, and Rs 2,500 for rural branches, effective August 1

Focused on maintaining low-cost funding profile, says ICICI chairman

ICICI Bank will continue to prioritise a stable, granular, and low-cost funding profile alongside governance, digital growth, and customer-centric strategies for sustainable progress

RBI leaves it to banks to decide minimum balance rule:What it means for you

After ICICI hiked minimum balance for new accounts, RBI says banks can set their own rules, making it crucial for customers to compare terms before opening a savings account.

Civil society protests ICICI Bank's savings account minimum balance hike

A civil society organisation advocating banking stakeholders' interests has written to the Finance Ministry, requesting its intervention into ICICI Bank's decision to raise the minimum average balance (MAB) requirement for new savings accounts, and said such a move is detrimental to the government's vision of inclusive banking and growth. In a letter to the finance secretary, 'Bank Bachao Desh Bachao Manch' termed the private lender's decision as "unjust and regressive". The bank has raised the minimum balance requirement for new savings accounts opened on or after August 1 by five times to Rs 50,000. The minimum monthly average balance (MAB) for savings bank accounts till July 31, 2025 for ICICI Bank customers was Rs 10,000. Similarly, MAB for semi-urban locations and rural locations have been increased five times to Rs 25,000 and Rs 10,000, respectively, according to information available on the ICICI Bank website. This retrograde decision undermines the principle of inclusive .

Stocks to Watch today, Aug 11: Tata Motors, ICICI Bank, Voltas, Siemens

Stocks to Watch today, August 11, 2025: Tata Motors, Voltas, ICICI Bank, and Shipping Corporation are some of the key stocks to watch today

ICICI Bank faces netizen ire for raising min balance requirement to ₹50,000

ICICI Bank's decision to raise the minimum monthly average balance (MAB) for new savings accounts to ₹50,000 in metro and urban areas has drawn significant backlash on social media, with users citing

ICICI Bank posts lowest attrition rate among major pvt lenders in 3 years

During the last three financial years, the industry has also witnessed a sustained decline on a year-on-year basis

Fail to keep ₹50k in ICICI urban account? Here's how much you may be fined

The new account holders, who will open accounts after August 1, will need to maintain a higher minimum account balance in the savings account. A failure to do so may attract a penalty

ICICI Bank hikes minimum account balance for urban areas to ₹50,000

The minimum balance for semi-urban regions has been increased to ₹25,000 and for rural branches has been increased to ₹10,000 from ₹5,000

RBI imposes ₹75 lakh penalty on ICICI Bank for compliance breaches

The Reserve Bank fined ICICI Bank for violations related to property valuation and current account operations, citing non-compliance without impacting customer transactions

MOFSL recommends these two top banking stocks for your portfolio; details

Retail lending, which had been the mainstay of growth for private banks, has decelerated sharply across both secured and unsecured categories.

Motilal Oswal trims FY26 Nifty EPS; bets on midcaps in interim Q1 review

The aggregate earnings of the 184 companies in MOFSL's coverage rose 7 per cent year-on-year (Y-o-Y) in Q1FY26, matching the brokerage's estimates.

Consumer protection: Bank held liable for changing policy without consent

The State Commission allowed the complaint and directed the bank and the insurer to be jointly and severally liable for compensating the loss, along with interest at 10 per cent

ICICI Bank to charge payment aggregators for UPI transactions from August 1

Private lender to charge up to Rs 10 per transaction on PAs; move follows rising infra costs and lack of MDR revenues in fast-growing UPI ecosystem

Lenders look to sell Jaiprakash Power's convertible shares in open market

ICICI Bank is in talks with power companies to facilitate sale of bankrupt company's unit

ICICI vs HDFC vs Axis Bank: Which bank stock is best for your portfolio?

Bank stock to buy: While analysts like ICICI Bank's unblemished report card for Q1FY26, they see HDFC Bank emerging as a stronger franchise over long-term. Axis Bank's weak Q1 has left if off radar