Archive · 11 Aug 2025
ICICI Bank Raises Balance; Shilpa, Hexaware, Shree Announce News
Several companies are making moves.
ICICI Bank increased the minimum balance for new accounts.
Shilpa Medicare got approval for a new medicine for a liver condition.
Hexaware opened a new office in South Africa to help businesses with technology.
Two companies, Atul and Buckman, are teaming up to provide water treatment solutions.
Shree Cement expanded its concrete business with a new plant in Bengaluru.
These changes reflect business growth and expansion across different sectors, aiming to provide new services and products to customers.
ICICI Bank raised the minimum balance requirement for new savings accounts to ₹50,000.
Shilpa Medicare received approval for NorUDCA Tablets, a novel treatment for NAFLD.
Hexaware Technologies opened a new office in South Africa to expand its IT solutions.
Atul Ltd and Buckman Laboratories formed a joint venture for water treatment in India.
Shree Cement launched its first Ready-Mix Concrete plant in Bengaluru.
- Who
- ICICI Bank, Shilpa Medicare, Hexaware Technologies, Atul Ltd, Buckman Laboratories, and Shree Cement.
- What
- Multiple business developments and announcements.
- When
- Announcements made on and around August 11, 2025.
- Where
- Across India and internationally, including South Africa and Malaysia.
- Why
- Companies are expanding, launching new products, and forming partnerships to increase their market presence and offer new services.
Customers
ICICI Bank
Minimum Balance Increase
Customers
Customers might find increased minimum balances inconvenient and may need to change banks if they cannot meet the new requirements.
ICICI Bank
The bank may offer higher interest rates to encourage customers to meet the minimum balance.
- ICICI Bank MAB Increase
- ₹50,000
- Shilpa Medicare Product
- NorUDCA Tablets 500 mg
- Hexaware Location
- South Africa
- Atul-Buckman JV
- Water Treatment Solutions
- Shree Cement Plant
- Yelahanka, Bengaluru