Minimum balance, only banks win while depositors lose outICICI Bank's MAB hike controversy has brought the practice under scrutiny, questioning its appropriateness. Introduced in the 1990s amid de...
Has ICICI Bank taken a U-turn on Rs 50,000 monthly average balance? Here's what its website showsICICI Bank revises its minimum balance rules for new savings accounts. The new rules are applicable for accounts opened from August 1, 2025...
ICICI Bank shares in focus after rollback of Rs 50,000 minimum balance ruleICICI Bank has rolled back its recently announced minimum balance requirement for new savings accounts after widespread backlash. The revis...
ICICI Bank’s hike in monthly average balance: How it compares with other private and PSU banksEffective August 1, 2025, new savings account holders of ICICI Bank in metro and urban locations must maintain a minimum average balance of...
ICICI Bank revises charges for ATM use, cash deposits and withdrawals: What changes for you?New ICICI Bank service charges kick in August 1: ICICI Bank has revised service charges for savings accounts starting August 1, 2025. The c...
ET Graphics: NPAs in MSME with PSBsThe Department of Financial Services (DFS) has urged banks to review penal charges for not maintaining Minimum Average Balance (MAB). This ...
This Supreme Court judge makes debut in Broadway’s ‘& Juliet’. Here’s what happenedSupreme Court Judge Ketanji Brown Jackson fulfilled her childhood dream of performing on Broadway. She appeared as Queen Mab in a one-night...
Biocon Biologics gets EU GMP certification from Ireland's HPRAThe company's new monoclonal antibodies (mAbs) drug substance manufacturing facility (B3) at Biocon Park, Bengaluru has received the certif...
Biopharma giant AstraZeneca begins coronavirus dual-use antibody drug trial in UKThe drug known as AZD7442 has the potential to be given as a preventative option for people exposed to the coronavirus, and to treat and pr...
New discovery: Antibody that may protect against COVID-19 infection identifiedThe researchers from the University of Massachusetts Medical School (UMMS) in the US discovered and characterised a cross-reactive human mo...
How banks are making money by penalising youAlthough several banks reduced their fines, the increase by other banks has compensated for it.
State Bank of India defends minimum balance chargesSBI also said it had excluded Jan Dhan accounts, BSBD accounts, pensioners, beneficiaries of social benefits from the government and minors...
SBI revises service charges on maintaining monthly average balanceState Bank of India also reduced the monthly average balance ceiling for metro centres to Rs 3000 from the earlier Rs 5000.
SBI hikes minimum balance for savings account, other chargesThese charges will also apply to customers of 5 erstwhile associates and Bharatiya Mahila Bank which have merged with State Bank of India e...
Fine for non-maintenance of min balance an organised loot: K C VenugopalAs per the list of revised charges of SBI, the failure to maintain Monthly Average Balance (MAB) in accounts will attract a penalty of up t...
- Natco Pharmaceuticals inks pact with Swiss firm Chemo Sa Lugano for purchase of drug ingredients
Natco Pharmaceuticals said it has entered into an agreement with Mabxience to purchase four ingredients that will be used in finished drugs.
- Cipla earmarks $65 m to buy stakes in 2 cos
The drug maker will acquire 40% in Goa's Mab Pharm & 25% in Shanghai's Bio Mabs.