Following widespread public criticism, ICICI Bank has significantly rolled back its earlier plan to raise the minimum average balance (MAB) requirements for new savings accounts across India. What Changed Initially, from August 1, the bank had increased the MAB for metro and urban areas from Rs

In a candid revelation, Deepak Parekh, former Chairman of HDFC Ltd, disclosed that ICICI Bank once proposed to acquire HDFC—long before the landmark merger between HDFC Ltd and HDFC Bank was finalized. The disclosure was made during a conversation on Chanda Kochhar’s YouTube channel, where the former ICICI Bank CEO herself had made the informal […]