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ICICI Bank

Bharti Airtel, TCS, ICICI Bank, 2 other blue-chip firms gain Rs 1.1 lakh crore in mcap in a week

Bharti Airtel, TCS, ICICI Bank, 2 other blue-chip firms gain Rs 1.1 lakh crore in mcap in a week

Sun, Dec 15, 2024

Five of the 10 most valued firms added Rs 1,13,117.17 crore to their total market valuation last week with Bharti Airtel stealing the show.

ICICI Bank Under GST Scrutiny: Maharashtra GST conducted operations in several branches

ICICI Bank Under GST Scrutiny: Maharashtra GST conducted operations in several branches

Thu, Dec 05, 2024

According to a statement issued by the bank, the proceedings are currently underway, and ICICI Bank is fully cooperating with the authorities, providing requested data.

General public FD rates: Know what SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing to general citizens on fixed deposits

General public FD rates: Know what SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing to general citizens on fixed deposits

Tue, Nov 19, 2024

The FD interest rates vary from bank to bank. Generally, general citizens receive less interest than senior citizens on FDs.

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ICICI Bank's international bond of Rs 590 crore sold under Tokyo Pro-Bond Programme

ICICI Bank's international bond of Rs 590 crore sold under Tokyo Pro-Bond Programme

Fri, Dec 09, 2016

ICICI Bank plans fund raising in single/multiple tranches in any currency through public/private placement by way of issuance of debt instruments for remaining period of FY17.

Possibility of an RBI rate cut tomorrow, say Chanda Kochar and Keki Mistry

Possibility of an RBI rate cut tomorrow, say Chanda Kochar and Keki Mistry

Tue, Dec 06, 2016

A revision in rate cut is expected by RBI Governor Urijit Patel-led Monetary Policy Committee (MPC).

Bank stocks pare losses as RBI increase MSS limit

Bank stocks pare losses as RBI increase MSS limit

Fri, Dec 02, 2016

On June 22, the RBI had said that under the MSS for the current fiscal was fixed at Rs 30,000 crore.

ICICI Bank to convert 100 villages into digital in 100 days

ICICI Bank to convert 100 villages into digital in 100 days

Mon, Nov 28, 2016

Villagers will be able to open bank accounts using Aadhar-based e-KYC and make cashless payments to retail stores

Nearly Rs 50 crore robbed from banks between April to June this year

Nearly Rs 50 crore robbed from banks between April to June this year

Fri, Nov 18, 2016

The State Bank of India reported second highest amount involved in robbery, Rs 12.91 crore.

Cash flood: ICICI, HDFC Bank cut FD rates by 0.25%

Cash flood: ICICI, HDFC Bank cut FD rates by 0.25%

Thu, Nov 17, 2016

According to estimates, banks have collected cash deposit of over Rs 4 lakh crore following the demonetisation decision announced on November 8 by Prime Minister Narendra Modi.

Demonetisation: Is this the right time to open a fixed deposit account?

Demonetisation: Is this the right time to open a fixed deposit account?

Wed, Nov 16, 2016

Experts expect investments in FDs to rise as banks offer better-than-savings interest rates for a limited time.

MCLR Cut: Is it time to get a home loan or should you wait some more?

MCLR Cut: Is it time to get a home loan or should you wait some more?

Mon, Nov 14, 2016

Ramaswamy Subramanian Co-founder and CEO at Finanzmart said, "It is a good time for genuine home buyer opting for home loans at this rate because these interest rates are at its lowest now. In fact in 2-3 years the rates have been progressively coming down.”

Demonetisation: Axis says debit card usage jumps 35%

Demonetisation: Axis says debit card usage jumps 35%

Fri, Nov 11, 2016

Following the withdrawal of Rs 500 and Rs 1,000 banknotes, private sector lender Axis Bank on Thursday said it has witnessed a 35% jump in usage of debit cards at merchant establishments.

Debit Card Fraud: ICICI Bank denies breach within its network

Debit Card Fraud: ICICI Bank denies breach within its network

Tue, Nov 08, 2016

Assuring its customer, ICICI Bank added," Nevertheless the bank has taken steps to preserve the interests of its customers and continues to pursue the matter for enabling effective remediation through authorized channels.

BSE seeks clarification from banks on cyber security reports

BSE seeks clarification from banks on cyber security reports

Tue, Nov 08, 2016

This came after the recent financial data security breach which allegedly compromised about 32 lakh accounts.

Analysts back ICICI Bank even as provisions rise manifold

Analysts back ICICI Bank even as provisions rise manifold

Tue, Nov 08, 2016

MB Mahesh, Nischint Chawathe and Abhijeet Sakhare, analysts at Kotak Institutional Equities said, “Despite a weak headline performance with stake sale driving operating profit growth, we like the results for the following: (1) watch-list is seeing greater share of resolution as compared to earlier fears of being impaired, (2) availability of contingency reserves, (3) solid growth in CASA/retail loans, and (4) healthy capital."

WATCH: Top 5 stories of this morning; From US to vote for its new president today to Future Group buying Heritage Foods' retail biz

WATCH: Top 5 stories of this morning; From US to vote for its new president today to Future Group buying Heritage Foods' retail biz

Tue, Nov 08, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this morning: 1. US to vote for new president today

ICICI Bank's Q2 provisions balloon 652%; net profit beats estimates

ICICI Bank's Q2 provisions balloon 652%; net profit beats estimates

Mon, Nov 07, 2016

Interestingly, the bank's provisions and contingencies for the quarter increased by 651.75% to Rs 7082.69 crore against Rs 942.16 crore for the corresponding quarter of the previous year. On quarter-on-quarter basis, the provisions were up by 181.67%.

Q2 Review: Here's what analysts expect from ICICI Bank

Q2 Review: Here's what analysts expect from ICICI Bank

Mon, Nov 07, 2016

While Kotak Institutional Equities in one of its reports said, “Performance of ICICI Bank will be keenly watched as analyst expects slippage ratio to further decline from 1QFY16 levels as key portfolios have already taken a fair bit of pain.”

HCC becomes first to get debt recast approval under S4A, more may follow

HCC becomes first to get debt recast approval under S4A, more may follow

Sat, Nov 05, 2016

Under this recast of HCC's Rs 5,000 crore debt, which has become the first successful resolution case under the RBI's highly-ambitious S4A tool, 52 per cent of debt (nearly Rs 2,600 crore) was found to be sustainable and would be serviced as per the original terms and conditions, including about interest rate and tenure.

HDFC, ICICI Bank cut home loan rate by 0.15%

HDFC, ICICI Bank cut home loan rate by 0.15%

Fri, Nov 04, 2016

Joining the rate cut war, biggest mortgage firm HDFC and private sector lender ICICI Bank on Thursday cut home loan rates by 0.15%, a move that may be followed by other lenders.

After SBI, ICICI Bank trims it's home loan rate

After SBI, ICICI Bank trims it's home loan rate

Thu, Nov 03, 2016

he bank's entire floating rate in regards to home loan is benchmarked to 1 year MCLR of 8.95%.

SBI, ICICI Bank cut lending rates

SBI, ICICI Bank cut lending rates

Sat, Oct 29, 2016

Top two lenders in the country, State Bank of India (SBI) and ICICI Bank, announced a cut of 0.15% and 0.10% in their lending rates, respectively, under a new system of computation, signalling a further dip in borrowing costs ahead of the busy season.

Banks eye 'resolution' of Rs 1.5 lakh crore worth stressed assets

Banks eye 'resolution' of Rs 1.5 lakh crore worth stressed assets

Sun, Oct 23, 2016

The 'resolution' process has got a major boost after three top lenders -- ICICI Bank, Axis Bank and StanChart -- got back an estimated $ 2.5 billion last Friday as part of the first payment for their debt exposure to the Ruias-led Essar Group.

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