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ICICI Bank

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SBI India's most trusted bank: Samsung, Sony, and LG among top brands

According to the TRA Brand Trust Report 2018, State Bank of India is the most trusted bank in the country and ICICI tops in private sector. Apr 19, 2018
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Cash crunch at banks: Sins on the rise, trust on the wane

In India, more than half of the gross savings are held in bank deposits. A decline of trust in banks impacts the gross savings rate. Apr 17, 2018
ICICI Bank

ICICI Bank-Videocon loan controversy: Chanda Kochhar's fate now rests with RBI

Chanda Kochhar, the MD and CEO of ICICI Bank, is facing allegations of nepotism and corruption over loans granted to Venugopal Dhoot-led Videocon Industries. Apr 10, 2018
shikha sharma

Axis Bank's CEO to step down early: Is RBI behind the decision?

The lender's board had decided to re-appoint Sharma for a period of 3 years, however, she requested to revise her term from June 1 up to December 31. Apr 10, 2018
WhatsApp

ICICI Bank enables NRIs to send money via WhatsApp, e-mail

Christened Social Pay, this first-of-its-kind service by any Indian bank is available on the lender's Money2India (M2I) app for remittances. Apr 6, 2018
sms-ticketing-service-by-irctc-to-be-launched-on-1-july

Banks may be charging a flat fee for SMS alerts -- illegally

The uniform billing by some of the lenders for SMS alerts is against the Reserve Bank of India's advisory. Apr 5, 2018
ICICI Bank

ICICI Bank-Videocon loan case: What is the Chanda Kochhar connection?

While the board of the lender has come out in support of bank's MD & CEO Chanda Kochhar, concerns still linger. Mar 29, 2018
ICICI Bank

ICICI Bank fined Rs 58.9 crore by RBI: Know why

The penalty news comes a day after ICICI Bank clarified it stands on the bank's loan exposure to Videocon Group. Mar 29, 2018
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Lone analyst says sell ICICI Bank and he may be right

The Singapore-based Sanford C. Bernstein & Co analyst has a bearish call with a "buyer beware" warning on the whole banking industry. Mar 28, 2018
ICICI Bank

ICICI Securities IPO undersubscribed: Did high valuations deter wealthy investors?

The portion of shares kept aside for retail investors and high net-worth individuals were subscribed 88 percent and 36 percent, respectively. Mar 27, 2018
ICICI Bank

ICICI Securities eyes Rs 4,000 crore from IPO: Five things to know

ICICI Securities has set a price band of Rs 519-520 per equity share for its initial public offering. Mar 17, 2018
HDFC Bank

HDFC Bank raises lending rates: Loans and EMI to get costlier

The Increase in marginal cost of funds based lending rates by the bank implies that the EMI (Equated Monthly Installments) and interest rates of loans will also go up. Mar 8, 2018
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Stocks to watch on Feb. 28: ICICI Bank, Cipla, IDBI Bank, HDFC

Stocks such as ICICI Bank, Cipla, IDBI Bank are likely to move in trades on Wednesday. Feb 28, 2018
ICICI Bank

IPO news: ICICI Securities gets the go-ahead from SEBI to go public

ICICI Securities has received markets regulator SEBI's nod to raise an estimated Rs 30-40 billion through an initial public offering. Feb 7, 2018
India Tops List Of Golroted Malware Attacks: What Are The Risks And How To Protect Yourself And Your Business?

Deadly mobile app malware not a threat to ICICI customers, says bank

Chief technology and digital officer of ICICI Bank, B Madhivanan, confirmed that there is no threat to customers from malware. Jan 15, 2018
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Banks charge for SMS alerts and cash withdrawals: Know the hidden charges you are paying now

Both private and public banks are charging customers for using ATMs, SMS alerts, depositing cash, and closing accounts. Jan 13, 2018
Ola cabs will dispense cash

Ola, ICICI Bank join hands to offer digital loans, credit cards and more

Taxi aggregator Ola ICICI Bank signed MoU to bring forth a range of integrated offers to their customers and driver-partners. Jan 9, 2018
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ICICI Bank Q2 net profit belies estimates, falls 34% to Rs 2,058 crore

The bank missed analysts' estimates as its standalone net profit dropped to Rs 2,058 crore in the quarter September from Rs 3,102 crore in the same quarter last year. Oct 27, 2017
India infrastructure

India's Infrastructure Fund to receive $1 bn from Abu Dhabi Investment Authority

This agreement will make ADIA get the tag of becoming the first institutional investor and a shareholder in the NIIF's Master Fund. Oct 17, 2017
Indian banks capital adequacy ratio

Pay up or begone, Supreme Court tells managements of defaulting firms

SC ruled in favour of ICICI Bank in the case of Innoventive Industries which owes banks over Rs 950 crore. Sep 2, 2017
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