ICICI Bank

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SBI tops debit card transactions in April

The country's biggest lender reported debit card transactions worth Rs 11,720.73 crore in April,

Jun 19, 2017

Recovery time: Bankers to meet on Monday to decide on RBI's defaulter list

The 12 accounts were identified by the IAC after studying the top 500 ones in the banking system for defaulter urgency and insolvency potential.

Jun 18, 2017

ICICI Bank yet to respond to Rs 48 crore loss caused by NDTV's Prannoy and Radhika Roy

ICICI Bank's agreeing to foreclose a loan taken by Prannoy Roy, his wife Radhika Roy and their company, RRPR Holdings Pvt Ltd. Led to a Rs 48 crore loss, says CBI.

Jun 6, 2017

Here's why CBI raided Prannoy Roy; and no, it did not raid NDTV!

The CBI said on Tuesday that the raids it had carried out at the properties of Prannoy and Radhika Roy were not connected to NDTV but to a "wrongful gain" case filed by ICICI Bank. Read to know what else the probe agency said.

Jun 6, 2017

State Bank of India Q4 results: Will SBI declare bonus shares, the first in its history?

State Bank of India (SBI) will be declaring its Q4 and FY2017 results on Friday; shareholders would hope for a bonus issue, the first in the bank's history.

May 18, 2017

Chanda Kochhar, MD and CEO ICICI Bank, receives Woodrow Wilson Award for Global Corporate Citizenship

The Woodrow Wilson Award was conferred on Kochhar for the work done by ICICI Group under Kochhar's able leadership in improving the lives of people in the local communities and the world at large.

May 12, 2017

ICICI Bank reports 189% rise in Q4 net profit; declares 1:10 bonus

While standalone net profit rose to Rs 2,025 crore ($312 million) from Rs 702 crore, YoY, bad loans as a percentage of total advances also shot up.

May 3, 2017

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ICICI Group launches 100 'ICICI Digital Villages'

The 100 villages that have been transformed into 'ICICI Digital Villages' are located across 17 states in India.

May 2, 2017

ICICI Bank launches 'ICICI Appathon' Season II, its mobile app development challenge

The programme aims to create the next generation of banking applications on mobile and web space.

Mar 9, 2017

International Women's day 2017: 5 great companies for Indian women to work at

Respect, equality and security are the basic rights every women want at their workplaces. Here are five of the best companies in India and why they are the best.

Mar 7, 2017

Public sector banks, including SBI and PNB, to go on strike today: All you need to know about the bank unions' strike

Most banks, including the State Bank of India, Punjab National Bank and Bank of Baroda, have informed customers that operations at their bank branches and offices would be hit due to the strike.

Feb 28, 2017

Drastic lending rate cuts to squeeze banks' net interest margins, say brokerages

Analysts expressed surprise at the quantum of MCLR cuts by banks and said the implication is likely to be negative for both banks as well as NBFCs.

Jan 3, 2017

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Hyderabad: Gold worth Rs 2,700 crore imported into city post-demonetisation

Between November 8-30, 8,000 kgs of gold was brought into the city using demonetised currency.

Dec 18, 2016

ICICI Bank pledges to transform 100 villages into digital villages in 100 days

The bank will also provide free vocational training to 10,000 underprivileged villagers and provide credit facility for self-employment.

Nov 29, 2016

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Demonetisation: State Bank of India slashes bulk deposit rate by up to 190 basis points

The new rates will be effective from November 24, according to the State Bank of India website.

Nov 24, 2016

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ICICI Bank waives MDR on debit cards to blunt demonetisation effect, boost digital payments

Merchant discount rate (MDR) on debit cards won't be charged from November 23 to December 31 2016, says ICICI Bank.

Nov 23, 2016

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SBI, ICICI Bank, HDFC Bank cut deposit rates, thanks to demonetisation

HDFC Bank, ICICI Bank slash interest rates on deposits as cash surge after demonetisation swells their CASA ratio.

Nov 17, 2016

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ICICI Bank waives charges on cash deposits, ATM withdrawals; relaxes limits on usage of debit cards

The steps follow the government's decision to scrap old Rs 500 and Rs 1,000 currency notes and introduce new notes.

Nov 10, 2016

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ICICI Bank Q2 provisioning for bad loans spurts 650%

Provisioning for bad loans spurts to Rs 7,082 crore in Q2 from Rs 942 crore YoY, says ICICI Bank in regulatory filings.

Nov 7, 2016

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ICICI Bank launches home loan overdraft for salaried customers

The "ICICI Bank Home Overdraft" scheme enables a salaried customer to loan up to Rs. 1 crore for personal needs against property.

Nov 2, 2016

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