‘90% of India makes less than ₹25,000…’: Jay Kotak slams ₹50,000 minimum bank balance rule
ICICI Bank is facing heat after hiking its savings account minimum balance by 5 times, and this time veteran banker...
Business
India casts wider net for seafood exports as US tariffs bite
Union minister for fisheries Rajiv Ranjan Singh said the government is looking at the United Kingdom, the European Union, Japan,...
Reforms undertaken to strengthen credit discipline in public sector banks, says government
NEW DELHI: The Centre has rolled out a series of banking reforms in recent years aimed at tightening credit discipline,...
Can banks decide minimum balance requirement for savings accounts? Here’s what RBI Governor Sanjay Malhotra said
India's banking regulator, the Reserve Bank of India (RBI) Governor Sanjay Malhotra, on Monday, 11 August 2025, said that the...
Minimum balance rule in banks: Check how much you need to maintain in HDFC, SBI and other banks’ savings accounts
India’s second-largest private sector bank, ICICI Bank, has hiked its minimum balance requirement (MBR) to ₹50,000 per month for customers...
Telcos continue to oppose direct spectrum allocation for private networks
Telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea have renewed their opposition to the department of telecommunications’ (DoT) latest...
Regional content players struggle with low advertising rates, unfavourable algorithms
Despite the surge in hyperlocal, regional-language content across audio and video platforms, smaller creators producing such films, shows, and music...
Why has ICICI Bank hiked its minimum balance requirement 5X?
In the surprise move, India's second-largest private-sector lender has also hiked the requirement for semi-urban areas to ₹25,000 from ₹5,000...
India to focus on voice-first vernacular LLMs: AI Mission CEO
The differentiator for artificial intelligence from India could include Indic languages-focused large language models, alongside voice-first models. In an interview...
KKCL eyes ₹1,500 cr sales by FY28, pivots beyond denim heritage
“The focus is to keep growing our core brands while entering categories where we can create value ourselves. We are...