ICICI Bank has rolled back its recently announced minimum balance requirement for new savings accounts after widespread backlash. The revised monthly average balance (MAB) norms are Rs 15,000 for metro/urban, Rs 7,500 for semi-urban, and Rs 2,500 for rural branches. Accounts opened before July 31 remain unaffected. Investors are watching ICICI Bank shares, which closed flat at Rs 1,421.15.
