In your interest.
Online Personal Finance Magazine
No beating about the bush.
Many account holders of ICICI Bank are agitated with its decision to double the minimum quarterly average balance from Rs5,000 to Rs10,000 and to encourage those customers who do not want to maintain this balance, to close their accounts within 60 days. With this, the Bank is signalling that it no longer wants to chase growth in terms of number of accounts and will focus on customer net-worth...