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ICICI Bank lowers minimum balance for new customers after outagr

ICICI Bank has reduced its minimum balance requirement for new urban savings accounts to ₹15,000, following criticism over a recent steep hike.

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ICICI Bank minimum balance update

ICICI Bank has rolled back its recent hike in the minimum average balance (MAB) requirement for new savings account holders in urban areas, reducing it from ₹50,000 to ₹15,000. The move comes days after customers expressed strong dissatisfaction over the steep increase from the earlier ₹10,000 limit.

Change in balance norms across regions

For new customers in semi-urban areas, the MAB requirement has been revised to ₹7,500 from ₹25,000. Meanwhile, for existing customers in rural and semi-urban branches, the MAB remains unchanged at ₹5,000.

The bank’s earlier decision to raise the urban MAB to ₹50,000 had stood out, as many other banks have opted for lower thresholds or even removed the requirement altogether. Notably, the State Bank of India abolished its minimum balance rule in 2020, while most banks maintain limits between ₹2,000 and ₹10,000.

This revision marks a partial rollback, with the new urban MAB still ₹5,000 higher than the pre-hike level.

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7 killed, 3 trapped after water, debris enter tunnel in Uttarakhand’s Chamoli

Seven people were killed and three workers remain trapped after water and debris entered an under-construction hydropower tunnel in Chamoli, Uttarakhand.

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At least seven people were killed after a sudden surge of water and debris entered an under-construction tunnel at a hydropower project in Uttarakhand’s Chamoli district on Thursday, officials said. Three workers are still trapped, while 18 workers have been rescued so far, according to the State Disaster Management Authority.

Around 28 people were working at the Tehri Hydro Development Corporation Ltd (THDC) project site in Pipalkoti when a large amount of water and debris rushed into the tunnel. The force of the water swept several workers towards the tunnel’s exit.

Water and debris surged into tunnel

Chamoli District Magistrate Gaurav Kumar said a significant amount of debris and water entered the tunnel at around 6.30 pm while construction work was underway.

“This is a tunnel under construction for a hydropower project. Around 6.30 pm, a significant amount of debris and water surged into the tunnel,” he said.

Rescue teams from the National Disaster Response Force (NDRF) and State Disaster Response Force (SDRF) are working through the debris to locate the three workers who remain trapped.

Dhami orders rescue operation

Uttarakhand Chief Minister Pushkar Singh Dhami has directed officials to conduct rescue and relief operations on a priority basis. He said he was receiving real-time updates from senior officers about the situation.

Dhami also said he had spoken to injured workers undergoing treatment in hospital and that their condition was stable.

The chief minister said he had informed the chief ministers of Jharkhand and Chhattisgarh that residents of those states who were injured or involved in the incident were receiving treatment in Uttarakhand.

Heavy rain in Chamoli

The incident comes after several days of heavy rainfall in the district. On Monday, strong currents caused by rising water levels in a river swept away a bridge in the Niti Valley region of Chamoli.

A video of the incident showed a large volume of muddy water rushing downstream and striking the metal bridge. The force of the water uprooted the bridge and pushed it towards the riverbank.

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India News

BJP attacks Rahul Gandhi over PM Modi foreign policy jibe

BJP leaders criticised Rahul Gandhi after he mocked PM Modi’s foreign policy and staged a hug with Sandeep Dikshit during a Congress convention.

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Modi rahul

The BJP has launched a sharp attack on Congress leader and Leader of Opposition Rahul Gandhi over his remarks mocking Prime Minister Narendra Modi’s handling of foreign policy.

Addressing the Rachnatmak Congress National Convention on Thursday, Rahul Gandhi said PM Modi’s approach to foreign policy was largely about hugging foreign leaders. He also referred to the BJP-RSS as a “bunch of jokers” and accused them of having no understanding of India.

While making his point about the Prime Minister’s public embraces with foreign leaders, Rahul Gandhi staged a hug with Congress leader Sandeep Dikshit on stage.

Dikshit then brought Italian Prime Minister Giorgia Meloni into the exchange with a remark, following which Rahul Gandhi played along.

BJP leaders hit back at Rahul Gandhi

Union Education Minister Pralhad Joshi asked Rahul Gandhi to “grow up”, saying that running the country required mature leadership rather than what he described as “amateur dramatics”.

“Rahul Gandhi, when will you grow up? Running India requires mature leadership, not amateur dramatics,” Joshi said.

He accused the Congress leader of insulting the people of India by attacking the Prime Minister and criticised his reference to the democratically elected government as “jokers and clowns”.

Joshi also attacked Rahul Gandhi over his criticism of PM Modi’s political rise, saying the Prime Minister had not risen through family lineage or dynastic politics.

The minister further alleged that Rahul Gandhi’s language reflected frustration and said that insulting the Prime Minister amounted to insulting the people of India.

Giriraj Singh, Bansuri Swaraj criticise Rahul Gandhi

Union Minister Giriraj Singh called Rahul Gandhi “mentally frustrated” and criticised his conduct.

He also appealed to Sonia Gandhi to intervene and ensure that Rahul Gandhi received “appropriate help”, saying the situation could become serious.

BJP MP Bansuri Swaraj also criticised Rahul Gandhi’s language, saying it was contrary to the dignity expected from the constitutional position of the Leader of Opposition.

She said the country needed a Leader of Opposition who played the role of a “constructive opposition” rather than engaging in what she described as “cheap rhetoric for social media memes and reels”.

Union Minister Sukanta Majumdar called the exchange involving PM Modi and Giorgia Meloni a new low in public discourse.

He criticised what he described as vulgar jokes targeting the Prime Minister and the Italian leader and said the remarks were deeply disgraceful.

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Rescue operation underway after water surge traps workers in Chamoli tunnel 

At least 10 workers are believed to be trapped after a sudden surge of water and debris entered a tunnel at a THDC project site in Chamoli.

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At least 10 workers are believed to be trapped after water and debris entered a tunnel at a Tehri Hydro Development Corporation Limited (THDC) project site in Pipalkoti in Uttarakhand’s Chamoli district. A rescue operation is underway.

According to police, 18 labourers were working inside the tunnel when a sudden surge of water occurred. The strong current swept several workers towards the tunnel’s exit, according to a preliminary report.

Eight workers have been rescued so far, while 10 are still believed to be trapped inside the tunnel.

“Additional ambulances have been dispatched to the site. Police and administrative teams have arrived at the location,” Chamoli Superintendent of Police Surjeet Singh Pawar said.

Uttarakhand Chief Minister Pushkar Singh Dhami has directed officials to carry out rescue and relief operations on a war footing.

Teams from the National Disaster Response Force (NDRF) and State Disaster Response Force (SDRF) have also been dispatched to assist in the rescue operation.

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