ICICI Bank News

ICICI Bank Reduces Minimum Balance Requirement from Rs 50k to Rs 15k Amid Public Outcry

ICICI Bank has revised its minimum account balance requirement from Rs 50,000 to Rs 15,000 following customer feedback, excluding certain account types. HDFC Bank clarifies its sta...

ICICI Bank Revises Minimum Balance Requirements: A Move That Sparked Public Outcry

ICICI Bank has revised its minimum monthly average balance requirements for new account holders after public outcry, reducing the MAB for metro and urban locations to Rs 15,000, wi...

ICICI Bank Raises Minimum Balance Requirements: A Comparative Look at Major Banks' Policies

ICICI Bank has significantly increased its minimum monthly average balance requirements for new savings accounts, effective August 2025, with penalties for non-compliance. This art...

ICICI Bank Dramatically Increases Minimum Balance Requirement for Savings Accounts to Rs 50,000

ICICI Bank has increased the minimum balance requirement for new savings accounts to Rs 50,000, a move that contrasts with the trend of public sector banks waiving such requirement...

ICICI Bank Introduces Higher Minimum Balance Requirements for New Customers: What You Need to Know

ICICI Bank has raised the minimum balance requirements for new savings account holders, with different thresholds for metro, urban, semi-urban, and rural branches. Penalties for no...

Why Short-Term Investors Favor ICICI Bank Over HDFC Bank: Unveiling the Key Financial Strategies

Short-term investors are favoring ICICI Bank over HDFC Bank due to its strong June quarter results and stable margins, while HDFC Bank faces challenges with its elevated credit-dep...

ICICI Bank Reports Strong Q1 Growth: Net Profit Jumps 15.9% to Rs 13,558 Crore Amid Rising NII

ICICI Bank reports a 15.9% rise in Q1 net profit to Rs 13,558 crore, with NII up by 10.6%. Despite a slight dip in NIM, the bank remains optimistic about asset quality and future g...

ICICI Bank Surges with a 15% Jump in Q1 Net Profit, Eyes Expansion with Pension Subsidiary Acquisition

ICICI Bank reports a 15.4% rise in Q1 net profit to Rs 12,768 crore, driven by broad-based income growth. The bank also plans to acquire ICICI Prudential Pension Funds Management C...

ICICI Bank Announces Rs 11 Dividend After Stellar Q4 Performance: A Deep Dive into Their Financial Triumph

ICICI Bank recommends a Rs 11 dividend after a strong Q4, with an 18% rise in net profit. Growth driven by lending and net interest income, though margins may face pressure from RB...

ICICI Bank Reports a Robust 15.7% Surge in Q4 Net Profit, Reaching Rs 13,502 Crore

ICICI Bank announced a 15.7% increase in Q4 net profit to Rs 13,502 crore, with standalone profit up by 18%. Core net interest income grew by 11%, and asset quality improved, showc...

ICICI Bank Reports a 15% Surge in Q3 Net Profit, Reaching Rs 11k Crore

ICICI Bank reports a 14.8% year-on-year increase in Q3 profit after tax to Rs 11,792 crore, driven by higher net interest income and a 15.1% rise in loans. The bank's subsidiaries ...

ICICI Bank Reports a Robust 14.8% Surge in Q3FY25 Net Profit, Reaching Rs 11,792 Crore

ICICI Bank reported a 14.8% increase in Q3FY25 net profit to Rs 11,792 crore, driven by higher net interest income and fee earnings. The bank also saw strong performances from its ...

ICICI Bank Reports a 15% Surge in Q3 Profits, Reaching Rs 11,792 Crore

ICICI Bank announced a 15% increase in Q3 profits to Rs 11,792 crore, with total income and interest income also rising. Asset quality improved with reduced NPAs, though provisions...

Important Notice: ICICI Bank RTGS Service Unavailable on December 14-15

ICICI Bank announces a scheduled maintenance period affecting RTGS transactions on December 14-15, 2024. During this time, both incoming and outgoing RTGS transactions will be dela...