'90 of India makes less than 25k a month' Jay Kotak on middle-class hit as ICICI ups minimum balance

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'90 of India makes less than 25k a month' Jay Kotak on middle-class hit as ICICI ups minimum balance ☶ Government Finance Mortgages & Loans Retail Banking finshots.in
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According to ICICI Bank’s latest notification, effective August 1, customers in metro and urban areas opening savings accounts on or after that date must maintain a monthly average balance of ₹50,000 to avoid penalties. For older customers, the requirement remains ₹10,000.