Business conglomerate Adani group has won a bid to acquire Aditya Estates Pvt Ltd, which holds a posh 3.4 acre residential property near Mandi House in the heart of the national capital, through an insolvency process for a total deal value of Rs 400 crore.
ICICI Bank on Monday said it has raised Rs 945 crore by issuing Basel III compliant bonds on private placement basis.
Seven of the 10 most valued companies suffered a combined loss of Rs 1.89 lakh crore in market valuation last week, led by Reliance Industries which alone took a hit of Rs 87,732.8 crore.
ICICI Bank customers alert! Do you forget user ID or password while logging in your net banking? Then you don't need to worry about it anymore as you don’t have to memorize your password anymore.
Debit Card users alert! Are you debit card users of SBI, PNB, HDFC, ICICI, or other banks? Then this is important new for you! All public and private banks will block debit cards (ATM cards) which doesn't have EMV (Europay, Mastercard and Visa) after 1st January 2020. According to the Reserve Bank of India (RBI) guidelines, all Indian banks need to replace the magnetic debit card of their customers with a new EMV card.
Leading stock exchange BSE on Friday said as many as four companies, including SBI Cards and Payment Services and ICICI Home Finance Company, have made an application to list their commercial papers. The other companies that made applications with the exchange are GIC Housing Finance and Aditya Birla Money.
The exact amount of cash looted could not be ascertained yet as bank officials were verifying it, Superintendent of Police Hemraj Meena said.
Holding Savings Account in ICICI Bank? Then brace up to pay more for transactions like withdrawing, depositing cash. ICICI Bank said that account holders will have to pay more for transactions from December 15, 2019.
ICICI Bank, India's one of the largest private lender has revised its interest rates on retail fixed deposits with effect from November 20, 2019. ICICI Bank offers fixed deposits ranging from 7 days to 10 years. The bank offers 16 maturity options to its customers for fixed deposits up to Rs. 2 crore, according to the lender's website - icicibank.com.
Equity benchmark BSE Sensex jumped over 100 points in early trade on Monday led by gains in index heavyweights RIL and ICICI Bank amid positive cues from global markets.
The bank will host around 2,000 such 'Maha Loan' camps across the country by end of March 2020, ICICI Bank said in a release.
With this expansion, the bank now has a total branch network of 402 branches and extension counters in Andhra Pradesh and Telangana along with 1,580 ATMs, a release from ICICI Bank said here.
The scrip rose 1.95 per cent to Rs 478. 60 -- its 52-week high -- on the BSE.
According to Centrum Capital, on a standalone basis, ICICI Bank can achieve 1.5 per cent ROA and 15 per cent ROE by FY21E.
Online Banking Fraud Alert! Online banking has eased customers bank-related work like money transfers. However, every good thing comes at a cost. To protect against online fraud, including phishing, India's largest lender State Bank of India (SBI) suggests customers to be suspicious of any e-mail or text message containing an urgent request for personal or financial information.
ICICI Bank MCLR Rate: Good news for ICICI Bank account holders as India's one of leading private lender has announced Dussehra gift for its customer. The bank has reduced Marginal Cost of Funds based Lending Rate (MCLR) by 10 bps (basis points) for its customers and the changes will be effective from today, i.e October 1, 2019.
Capital markets regulator Sebi on Thursday levied a total fine of Rs 12 lakh on ICICI Bank Ltd and its compliance officer Sandeep Batra for disclosure lapses, including delayed disclosure of binding agreement signed with Bank of Rajasthan.
The rates have been cut across all tenors under the marginal cost of funds- based lending rate (MCLR) system, they said.
UPI apps user alert: Amid ongoing online banking or UPI-related scams, India's one of the largest private lender, ICICI Bank has issued an advisory for its customer. ICICI bank has warned all online banking users, especially those who use UPI apps-- Google Pay, PhonePe, Paytm, to be very cautious of frauds, in the wake of UPI-related scams.
These Robotic Arms are currently functioning at Mumbai, and Sangli (Maharashtra), New Delhi, Bengaluru and Mangaluru (Karnataka), Jaipur, Hyderabad, Chandigarh, Bhopal, Raipur, Siliguri and Varanasi, said ICICI Bank Head of Operations & Customer Services, Anubhuti Sanghai.
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