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ICICI NEWS IN ENGLISH

  • bank in your pocket icici launches mobile based product

    Bank in your pocket: ICICI launches mobile based product

    February 10, 2015 21:36 IST

    Mumbai: Having decided against applying for a payment bank licence as some of its rivals have done, ICICI Bank today launched a mobile phone-based product that offers a slew of new-age services.The new integrated mobile

  • icici wants others to follow digital village model chanda

    ICICI wants others to follow 'digital village' model: Chanda Kochhar

    January 06, 2015 10:42 IST

    Mumbai: Expecting her 'ICICI digital village' project to become a role model, the private sector bank's chief Chanda Kochhar says she wants other entities to come forward and launch similar projects.Other entities can come up

  • nri group sues icici for 103 mn in mauritius for investment

    NRI group sues ICICI for $103 mn in Mauritius for investment losses

    October 29, 2014 9:41 IST

    New Delhi: A group of investors in a Mauritius- based realty fund of ICICI Venture have sought damages totalling $103 million for losses suffered by them, but the asset manager termed the allegations as "totally

  • icici bank acquires 5.15 stake in hindustan motors

    ICICI Bank acquires 5.15% stake in Hindustan Motors

    October 07, 2014 9:36 IST

    New Delhi: Private sector lender ICICI Bank has acquired a 5.15 per cent stake in Hindustan Motors as part of settlement with the cash strapped maker of the iconic Ambassador car.In a filing to the

  • icici bank q4 profit up 9 at rs 2 724 crore

    ICICI Bank Q4 profit up 9% at Rs 2,724 crore

    April 25, 2014 20:01 IST

    New Delhi: ICICI Bank Ltd, India's largest private sector lender, has reported 9 per cent rise in net profit on consolidated basis at Rs 2,724 crore for the January-March quarter.It had posted Rs 2,492 crore

  • icici to more than double loans to women sghs next fiscal

    ICICI to more than double loans to women SGHs next fiscal

    March 08, 2014 23:14 IST

    Mumbai: The country's largest private sector lender ICICI Bank on Saturday said it is targeting to more than double its cumulative disbursements to women self help groups (SHGs) to Rs 2,500 crore by the end

  • nifty tanks 98 pts amid heavy selling us budget impasse

    Nifty tanks 98 pts amid heavy selling,US budget impasse weighs

    September 30, 2013 20:31 IST

    Mumbai: Stocks plummeted to multi-week lows on across the board sell-off as concerns about macroeconomic woes amid growing worries over a looming US government shutdown frayed nerves of investors.The 50-share Nifty plunged by a massive

  • dfis no longer relevant now rbi

    DFIs no longer relevant now: RBI

    September 28, 2013 21:05 IST

    New Delhi: Development financial institutions (DFIs) have lost their relevance in the present financial system in India and across the globe, RBI Deputy Governor K C Chakravarty said on Saturday."DFIs played an important role in

  • sensex below 20k down 363 pts as rate hike fears hits banks

    Sensex below 20K, down 363 pts as rate hike fears hits banks

    September 23, 2013 17:04 IST

    Mumbai: Falling for the second day, the BSE benchmark Sensex today ended about 363 points lower at 19,900.96 as investors continued to unwind positions in banking, realty and capital goods stocks on heightened fears that

  • iifcl seeks sebi nod to mop up rs 8 171 cr via tax free

    IIFCL seeks SEBI nod to mop up Rs 8,171 cr via tax-free bonds

    September 11, 2013 14:48 IST

    MUMBAI:  State-owned India Infrastructure Finance Company Ltd (IIFCL) has sought the market regulator SEBI's approval to raise up to Rs 8,171 crore through tax-free bonds.“Public issue by IIFCL tax-free, secured, redeemable, non-convertible bonds in the

  • cobrapost sting income tax dept issues notice to icici hdfc

    Cobrapost sting: Income Tax dept issues notice to ICICI, HDFC, Axis banks

    May 28, 2013 21:17 IST

    New Delhi, May 28: Income Tax department has issued notices to three top private lenders in the country - ICICI Bank, Axis Bank and HDFC Bank - in connection with alleged money laundering charges levelled

  • banks not to witness shocks on account of bad loans says

    Banks not to witness shocks on account of bad loans, says Chanda Kochhar

    July 11, 2012 16:44 IST

    New Delhi, July 11: Dismissing concerns of rising bad loans, ICICI Bank Managing Director and CEO Chanda Kochhar today said that banking sector unlikely to witness any substantial shocks on account of NPAs and the

  • fitch lowers rating outlook of sbi icici pnb among others

    Fitch lowers rating outlook of SBI, ICICI, PNB among others

    June 20, 2012 17:06 IST

    New Delhi, Jun 20: Global agency Fitch today cut credit rating outlook to negative from stable of 11 financial entities including SBI , ICICI Bank , PNB and Axis Bank . The action follows the

  • icici bank launches two fixed interest home loan products

    ICICI Bank Launches Two Fixed Interest Home Loan Products

    August 18, 2011 17:29 IST

    Mumbai, Aug 18: India's largest private lender ICICI Bank today launched two home loan products, which give borrowers the option of having a fixed interest rate for up to the first two years of a

  • epfo appoints sbi 3 others to manage rs 3.5 lakh cr corpus

    EPFO Appoints SBI, 3 Others To Manage Rs 3.5 Lakh Cr Corpus

    July 14, 2011 17:15 IST

    New Delhi, Jul 14: EPFO today decided to appoint four fund managers including SBI and ICICI Securities to managing its corpus of Rs 3.5 lakh crore for three years beginning September 1, 2011.Besides SBI and

  • inform customer before blocking credit card court tells

    Inform Customer Before Blocking Credit Card, Court Tells ICICI

    July 14, 2011 17:08 IST

    New Delhi, Jul 14: A bank is bound to inform the consumer well in advance before blocking his credit card, a district consumer forum has held while directing the ICICI bank to pay a compensation

  • icici hikes lending rate by 25 bps to 9.50pc

    ICICI Hikes Lending Rate By 25 Bps To 9.50pc

    July 01, 2011 21:52 IST

    New Delhi, July 1: The country largest private sector lender, ICICI Bank, today announced a hike of 25 basis points in its lending rate to 9.50 per cent effective from Monday.“ICICI Bank has announced an

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