Key Highlights ICICI Bank has significantly raised its Minimum Average Balance (MAB) requirements for new savings accounts opened on or after August 1, 2025, especially targeting metro and urban customers. The revised slabs are: Editor’s Insights This policy shift indicates ICICI Bank’s strategic pivot toward a more affluent customer base. By raising entry thresholds five-fold … Read more
📌 Key Highlights National Securities Depository Limited (NSDL) is set to open its Initial Public Offering (IPO) from July 30 to August 1, 2025. This IPO is a pure offer-for-sale (OFS) involving the sale of up to 5.01 crore equity shares by existing shareholders, including NSE, IDBI Bank, HDFC Bank, and others. The price band … Read more
🟢 Key Highlights HDFC Bank has announced its first-ever 1:1 bonus issue, rewarding shareholders with one additional share for every share held. Additionally, the bank has declared a special interim dividend of ₹5 per equity share for FY26. 🧠 Editor’s Insights HDFC Bank’s bonus issue is a major milestone, demonstrating confidence in its long-term financial … Read more
HDFC Bank’s Board is set to meet on July 19, 2025 to review a landmark proposal: issuing bonus shares for the first time in its history, in addition to approving a special interim dividend for FY 2025‑26. If approved, this move would offer shareholders free additional shares, signaling confidence in the bank’s financial strength and enhancing … Read more