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Bank of Maharashtra Generalist Officers Hiring 2025 – Submit Applications Online for 500 Positions

BANK OF MAHARASHTRA, a prominent public sector financial institution with its main office located in Pune, operates through a network exceeding 2,600 branches nationwide and is in the process of broadening its...

ICICI Bank Lowers Minimum Balance Requirement from ₹50,000 to ₹15,000

On August 13, 2025, ICICI Bank changed its minimum balance rules for savings accounts. Previously for metro and big cities it was ₹50,000 but now is 15,000. For Semi-Urban it was 25,000...

RBI Approves Merger of Ashok Leyland’s Subsidiary, Hinduja Leyland Finance, with NDL Ventures

RBI approves to a merger between Hinduja Leyland Finance (HLF) and another company in the same group, called NDL Ventures. Both HLF and NDL Ventures are part of the larger Hinduja Group,...

Six Armed Men Rob Bank Near Jabalpur, Flee With Gold and Cash

A major bank robbery took place this morning near Jabalpur, in the Khitola area, at around 11 AM. Riding three motorcycles, six armed robbers arrived at the Isaf Small Finance Bank and carried...

Public Outrage Over ICICI Bank’s Increased Minimum Balance Requirement

A group called 'Bank Bachao Desh Bachao Manch', which helps to protect the rights of regular bank users, has written a letter to the Finance Ministry. They're upset with ICICI Bank, a...

RBI Plans to Simplify Claim Process for Deceased Bank Customers

The RBI has released a draft circular titled "Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025" and is seeking public and stakeholders feedback until...

ICICI Bank Hikes Minimum Balance to ₹50,000 for New Customers; Existing Customers Unaffected

ICICI Bank has increased the monthly average balance (MAB) requirements for new savings account holders, starting from August 1, 2025. In Metro or Big Cities new customers must maintain a monthly average...

ICICI Bank To Pay Over ₹1 Crore in SIM Swap Cyberfraud Case

On 31 July 2025, the tribunal (legal panel) ordered Vodafone and ICICI Bank to jointly pay over Rs 1.20 crore (compensation + penalties) to an Ahmedabad-based company named Collective Trade Links Private...

Indian Banking Sector Q1 FY2025-26 Results: An Overview

The Indian banking sector delivered a mixed performance in the first quarter of FY26 (April-June 2025), with most major banks reporting profits despite facing challenges from margin pressures and asset quality concerns....

Regulatory Breach Costs ICICI Bank ₹75 Lakh as RBI Tightens Oversight

The Reserve Bank of India (RBI) has imposed a hefty penalty of ₹75 lakh on ICICI Bank Limited for non-compliance with key regulatory guidelines related to property valuation and the opening of current...