Within hours of RBI's surprise cut in the key policy rate on Tuesday, private sector lender ICICI Bank took the lead with a 0.05 per cent reduction in its marginal cost of funds-based lending rate to 9.05 per cent.
New Delhi: India has Asia's third richest billionaire, the world's costliest house and some of the most well paid executives. While the pay cheques of many employees part of an aspirational India are on the
New Delhi: Former CAG Vinod Rai was today appointed first Chairman of the Banks Board Bureau, which will advise the government on top-level appointments at public sector lenders and ways to address the bad loans
Mumbai: The three gold schemes launched by the government will go a long way in putting the precious metal into productive use and would bring down bullion imports, analysts and industry players said.Largest private sector
New Delhi: The country's largest private sector bank ICICI on Thursday slashed its benchmark lending rate by 0.35 percentage point to 9.35 per cent, making its home and auto loans cheaper for borrowers.The revised rate
New Delhi: Describing RBI's decision to designate only two lenders SBI and ICICI as systemically important as 'credit negative' for the banking industry, Moody's today said the Reserve Bank appears to have followed less stringent
Shanghai: Prime Minister Narendra Modi on Saturday inaugurated the first branch of India-based ICICI Bank here in China.The bank's branch received regulatory approval in March to commence operations.In a statement, the bank said it had
Mumbai: The benchmark BSE Sensex today reversed its three-session fall by rising 219 points to settle at 27,396.38 as blue-chips ICICI Bank and Maruti Suzuki jumped on better-than-expected earning numbers.Besides, World Bank today said Indian
Tiruchirappalli: Over 100 students of 2013-15 batch of the PG programme at IIM-Trichy have been placed at leading corporates in the campus placement held recently.Offers include positions in supply chain management, capital market, inventory management,
Mumbai: Positive global and domestic cues coupled with strong expectations of further reforms in the upcoming budget led a benchmark index of Indian equities markets to gain 136.48 points or 0.46 percent during the week
Mumbai: Six leading banks of the country are hit by a Rs. 15,000 crore foreign remittance scam. This involves some importers having deposited fake bills of entries (of imports) in banks and remittance for the
New Delhi: The Reserve Bank of India is expected to come out with more monetary easing in the coming months if inflation remains in the comfortable zone, top private sector lender ICICI Bank's chief Chanda
New Delhi: Customers of ICICI Bank can use their Twitter account for real-time fund transfers, prepaid mobile recharges and to check bank balance.Private sector lender ICICI Bank on Monday launched a facility which allows account-holders
New Delhi: HDFC Bank is the lone Indian entity among the world's 50 most valued lenders in 2014 with a market capitalisation of close to $41 billion (around Rs 2.5 lakh crore at 1 dollar
New Delhi: The Reserve Bank of India today slashed repo rates, the level at which it lends to commercial banks, by 25 basis points to 7.75 per cent with immediate effect. While it will certainly
New Delhi: Welcoming RBI's decision to cut rates, top lenders SBI and ICICI Bank have said the much-awaited lowering of lending and deposit rates would “definitely” take place now.While refraining from giving any specific timeline
New Delhi: Joining Prime Minister Narendra Modi's Digital India programme, top lender ICICI Bank has launched its own 'digital village' project while adopting an entire village in Gujarat to provide services ranging from cashless banking
Mumbai: The country's largest private sector lender ICICI Bank has announced a hike in its ATM charges for savings account holders from January 1.Under the new method, the number of free transactions in a month
New Delhi: The country's top two private banks—HDFC Bank Ltd and ICICI Bank Ltd—have cut interest rates on term deposits.ICICI Bank has lowered its deposit rates for customers within the Rs 1 crore bracket, for
New Delhi: ICICI Bank, India's biggest private sector lender, posted a 15 per cent rise in net profit for the second quarter, beating analysts' estimates, on higher lending and fee income.Net interest income, the difference
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