In a customer-friendly move, Canara Bank has announced a waiver of the Average Monthly Balance (AMB) requirement across all types of savings bank accounts, including regular savings accounts, salary ...

Canara Bank’s latest announcement has brought relief to many customers. The public sector lender has waived the average monthly balance (AMB) requirement for all types of its savings accounts. The ...

ICICI Bank initially raised its minimum monthly balance to Rs 50,000 in metro/urban areas, sparking heavy criticism. The bank later reduced it to Rs 15,000. As ICICI Bank revises its minimum balance ...