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ICICI Reduces Minimum Balance For New Savings Accounts After Outrage
ICICI Bank has partially reversed its minimum average balance (MAB) requirements from Rs 50,000 to Rs 15,000 for new customers in urban areas.
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"Elitist": ICICI Bank's New Minimum Balance Rule Sparks Strong Reactions On Internet
After ICICI Bank announced a sharp hike in the minimum average balance (MAB) requirement for its savings accounts, the move sparked strong criticism online, with many users condemning the change.
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ICICI Bank Raises Minimum Balance For New Customers: What This Means
Savings account holders in metro and urban areas will now need to keep a higher minimum balance of Rs 50,000, up from Rs 10,000 earlier.
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ICICI Bank Raises Minimum Balance From Rs 10,000 To Rs 50,000 For New Customers
India's second largest lender ICICI Bank has raised the monthly minimum average balance requirement for all customer segments, effective August 1.
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Indian Entrepreneur's 80-Hour Workweek Claim Reignites Productivity Debate: 'If You're Not...'
Social media users pointed out that the hustle of working long hours every day was 'unsustainable' as the post went viral.
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These Banks Have Removed Minimum Balance Requirement: Check List
The Average Monthly Balance is the average balance that individuals are required to maintain in their savings or current account in a calendar month.
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Ensure Rs 1.8 Crore Balance In Afghan Embassy's Accounts: Court Directs Bank
The Delhi High Court has directed Kotak Mahindra Bank to ensure that the total minimum balance in three accounts of the Embassy of Afghanistan shall not be less than Rs 1.8 crore, the arbitral award passed in favour of a firm.
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No Minimum Balance, No ATM Fee Among Finance Minister's Relief Measures
For the coming three months, cash can be withdrawn from any ATM without any fee, finance minister Nirmala Sitharaman said today while announcing a number of relief measures amid the crisis triggered by coronavirus. Also, there will be no minimum balance requirement the minister said.
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SoftBank to Write Down Minimum $5 Billion for WeWork, Other Losses: Report
Although SoftBank has an army of retail investors in yield-strapped Japan willing to buy its junk bonds, it already holds about 5 trillion yen of net debt on its balance sheet.
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Tata Sky Flexi Annual Plan Offers 1 Month Free Additional Subscription: Everything You Need to Know
To enrol for the new Tata Sky Flexi Annual Plan, the subscriber will have to ensure a balance of minimum 12 times his/her current monthly recharge value.
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Bank Customers Paid Rs 5,000 Crore Last Year For Minimum Balance Breach
As many as 21 public sector banks and three major private sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18, according to banking data.
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8 Health Benefits Of Black Tea You Simply Cannot Miss
Black tea health benefits: Black tea helps in balancing the hormonal levels, has anti-inflammatory qualities, is rich in antioxidants like polyphenols and has minimum contents of sodium, proteins, and carbohydrates.
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SBI's New Changes: Charges For Insufficient Balance, Closure Of 41 Lakh Savings Bank Accounts
During the current financial year, 2.10 crore savings bank accounts were opened, of which 1.10 crore accounts are Pradhan Mantri Jan-Dhan Yojana accounts, which are exempt from average monthly balance requirement, SBI said.
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SBI Closed 41 Lakh Savings Bank Accounts Between April And January. Here's Why
State Bank of India (SBI) said on Thursday that 41.16 lakh savings bank accounts, which were reported to have been closed after introduction of the requirement of average monthly balance, were not closed suo-moto. Earlier, an RTI query had revealed that SBI had closed as many as 41.16 lakh savings accounts between April and January in the current f...
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State Bank Of India (SBI) Closes Over 41 Lakh Savings Accounts
SBI has reduced its charges for non-maintenance of average monthly balance by up to 75 per cent.
-
ICICI Reduces Minimum Balance For New Savings Accounts After Outrage
ICICI Bank has partially reversed its minimum average balance (MAB) requirements from Rs 50,000 to Rs 15,000 for new customers in urban areas.
-
"Elitist": ICICI Bank's New Minimum Balance Rule Sparks Strong Reactions On Internet
After ICICI Bank announced a sharp hike in the minimum average balance (MAB) requirement for its savings accounts, the move sparked strong criticism online, with many users condemning the change.
-
ICICI Bank Raises Minimum Balance For New Customers: What This Means
Savings account holders in metro and urban areas will now need to keep a higher minimum balance of Rs 50,000, up from Rs 10,000 earlier.
-
ICICI Bank Raises Minimum Balance From Rs 10,000 To Rs 50,000 For New Customers
India's second largest lender ICICI Bank has raised the monthly minimum average balance requirement for all customer segments, effective August 1.
-
Indian Entrepreneur's 80-Hour Workweek Claim Reignites Productivity Debate: 'If You're Not...'
Social media users pointed out that the hustle of working long hours every day was 'unsustainable' as the post went viral.
-
These Banks Have Removed Minimum Balance Requirement: Check List
The Average Monthly Balance is the average balance that individuals are required to maintain in their savings or current account in a calendar month.
-
Ensure Rs 1.8 Crore Balance In Afghan Embassy's Accounts: Court Directs Bank
The Delhi High Court has directed Kotak Mahindra Bank to ensure that the total minimum balance in three accounts of the Embassy of Afghanistan shall not be less than Rs 1.8 crore, the arbitral award passed in favour of a firm.
-
No Minimum Balance, No ATM Fee Among Finance Minister's Relief Measures
For the coming three months, cash can be withdrawn from any ATM without any fee, finance minister Nirmala Sitharaman said today while announcing a number of relief measures amid the crisis triggered by coronavirus. Also, there will be no minimum balance requirement the minister said.
-
SoftBank to Write Down Minimum $5 Billion for WeWork, Other Losses: Report
Although SoftBank has an army of retail investors in yield-strapped Japan willing to buy its junk bonds, it already holds about 5 trillion yen of net debt on its balance sheet.
-
Tata Sky Flexi Annual Plan Offers 1 Month Free Additional Subscription: Everything You Need to Know
To enrol for the new Tata Sky Flexi Annual Plan, the subscriber will have to ensure a balance of minimum 12 times his/her current monthly recharge value.
-
Bank Customers Paid Rs 5,000 Crore Last Year For Minimum Balance Breach
As many as 21 public sector banks and three major private sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18, according to banking data.
-
8 Health Benefits Of Black Tea You Simply Cannot Miss
Black tea health benefits: Black tea helps in balancing the hormonal levels, has anti-inflammatory qualities, is rich in antioxidants like polyphenols and has minimum contents of sodium, proteins, and carbohydrates.
-
SBI's New Changes: Charges For Insufficient Balance, Closure Of 41 Lakh Savings Bank Accounts
During the current financial year, 2.10 crore savings bank accounts were opened, of which 1.10 crore accounts are Pradhan Mantri Jan-Dhan Yojana accounts, which are exempt from average monthly balance requirement, SBI said.
-
SBI Closed 41 Lakh Savings Bank Accounts Between April And January. Here's Why
State Bank of India (SBI) said on Thursday that 41.16 lakh savings bank accounts, which were reported to have been closed after introduction of the requirement of average monthly balance, were not closed suo-moto. Earlier, an RTI query had revealed that SBI had closed as many as 41.16 lakh savings accounts between April and January in the current f...
-
State Bank Of India (SBI) Closes Over 41 Lakh Savings Accounts
SBI has reduced its charges for non-maintenance of average monthly balance by up to 75 per cent.
