RCB unveils new logo ahead of 13th IPL
New Delhi: The Virat Kohli-led Indian Premier League side Royal Challengers Bangalore on Friday unveiled its new logo ahead of the upcoming season starting March 29.
The club said the new logo design, which features a lion, "embodies the bold and fearless attitude" of the side.
Speaking on the launch of the new visual identity, Sanjeev Churiwala, Chairman of Royal Challengers Bangalore, said, "The elements in the logo is a commitment to continuously entertain and engage with fans who are the force behind Royal Challengers Bangalore.
"We believe a change in identity for the club was necessary to effectively live and breathe this vision and celebrate the passion for cricket and playing bold," he added.
Royal Challengers Bangalore recently announced a three-year partnership with Muthoot Fincorp Ltd.
A few days back RCB deleted its profile picture from its official twitter handle before removing all posts from its Instagram account too. The club's top players such as skipper Kohli, Yuzvendra Chahal and AB de Villiers had posted queries on the changes a few days back.
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ICICI Bank trims hike, lowers min balance requirement to Rs 15,000 from Rs 50,000
New Delhi, Aug 13 (PTI): In a U-turn, ICICI Bank has slashed the minimum monthly average balance (MAB) requirement to Rs 15,000 from Rs 50,000, citing "valuable feedback" from customers.
The minimum balance requirement for its new savings bank accounts opened on or after August 1 was recently raised five times to Rs 50,000.
"Following valuable feedback from our customers, we have revised these requirements to better reflect their expectations and preferences. We thank our customers for their continued trust and feedback, which help us serve them better," ICICI Bank posted on its website.
Similarly, the MAB for semi-urban and rural locations has been revised downwards to Rs 7,500 and Rs 2,500 respectively, it said.
Before August 1, the MAB for semi-urban and rural was Rs 5,000.
However, the bank said the revised MAB requirements are not applicable to salary accounts, senior citizens/pensioners (above 60 years), basic savings bank deposit account/PM Jandhan Yojana, and accounts for people with special needs.
They are also not applicable to savings accounts opened before July 31, 2025.
MAB is the minimum balance that a customer is required to maintain in a bank account. If the balance falls below the required amount, the bank levies a penalty.
In case account holders fail to meet the MAB, customers will be liable to pay penal charges of 6 per cent of the shortfall in required MAB, or Rs 500, whichever is lower.
The balance in the savings bank account of ICICI Bank earns an interest of 2.5 per cent per annum, it said.
The hike in MAB comes at a time when public sector banks have rationalised their penalties or completely waived them.
