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ICICI Pru IPO closes on high note; oversubscribed 10.5 times

Generating robust demand from investors, ICICI Prudential Life Insurance's Rs 6,057-crore IPO, the first by an insurer in India, today closed with over 10-time subscription for shares offered to public.

ICICI Bank deploys ''software robots'' to perform banking operations

ICICI Bank deploys ''software robots'' to perform banking operations

The country`s largest private lender ICICI Bank here on Thursday became the first bank in India to deploy `software robots, that emulate human action, in its over 200 business processes, thereby reducing the response time to customers by up to 60 percent.

ICICI Bank reduces MCLR by 0.05%

ICICI Bank reduces MCLR by 0.05%

Country's largest private sector lender ICICI Bank on Monday announced a 0.05 per cent reduction in its marginal cost of funds based lending rate (MCLR).

 ICICI Lombard raises Rs 485-crore through NCDs

ICICI Lombard raises Rs 485-crore through NCDs

ICICI Lombard General Insurance, a private sector non-life insurer, today said it has raised Rs 485 crore through private placement of redeemable non-convertible debentures (NCDs).

RBI imposes Rs 27-crore penalty on 13 banks

RBI imposes Rs 27-crore penalty on 13 banks

Reserve Bank of India (RBI) has imposed Rs 27-crore penalty on 13 public and private sector banks of the country for violation of Know Your Customer (KYC) norms.

ICICI Prudential Life​ files for India''s biggest IPO in six years

ICICI Prudential Life​ files for India''s biggest IPO in six years

ICICI Prudential Life Insurance Co Ltd has filed for an initial public offering of shares, which sources have said could raise about $745 million in the biggest local IPO in six years.​

ICICI Bank plans to go paperless in green drive

ICICI Bank plans to go paperless in green drive

ICICI Bank plans to go paperless by putting a host of banking services on a digital platform to reduce its carbon footprint as part of its environmental sustainability drive.

Read to know how much interest these private banks offer on savings accounts!

Read to know how much interest these private banks offer on savings accounts!

Read to know how much interest these private banks offer on savings accounts!

Vodafone chooses Kotak, UBS, ICICI for $2 billion share sale

Vodafone chooses Kotak, UBS, ICICI for $2 billion share sale

Close to launching an Initial Public Offering (IPO), Vodafone has picked six investment banks, including Kotak, ICICI and UBS, for the over USD 2 billion share sale process, as per media sources.

Short-term loans to become cheaper with new lending rate formula

Short-term loans to become cheaper with new lending rate formula

short-term loans are bound to get cheaper as banks shift to new lending rated which are effective from Friday

SBI, ICICI, PNB and others move to lending rates based on marginal cost

SBI, ICICI, PNB and others move to lending rates based on marginal cost

The new interest rates vary from 8.95 percent for overnight to 9.35 percent for three years, SBI said in a document posted on its website Thursday.

ICICI Home Finance to raise Rs 955 cr via debentures

ICICI Home Finance Company today said it will raise up to Rs 955 crore in tranches by issuing debentures on private placement basis.

Extended benefits on Maternity leave: India Inc keen to go extra mile

Extended benefits on Maternity leave: India Inc keen to go extra mile

The Labour Ministry is in the final stages of preparing a draft amendment bill to and will soon send it for inter-ministerial consultations.

Top Headlines at 7 pm

Watch Top Headlines at 7 pm

'RBI has less stringent norms on systemically important banks'

RBI has recently identified the state-owned SBI and private lender ICICI Bank as D-SIBs and subjected them to higher levels of supervision to prevent disruption to financial services in the event of any failure.

In a first, ICICI launches loan product with mortgage guarantee

The product, which is popular in the West, is targeted at the customers in the 40-plus age bracket as they are one of the largest segments of home buyers, executive director Rajiv Sabharwal said.

Now recharge your Metro Smart Card the mobile way at ICICI outlets

Now commuters of Delhi Metro Railway will not have to stand in long queues to recharge their smart cards as they will be able to recharge their smart card just like they recharge their mobile phone by visiting ICICI Bank Business Correspondent Network (Outlets), located across the national capita

ICICI launches voice 'password' facility for users

Country's largest private lender ICICI Bank today said it has launched a service where customers can make transactions using just their voice, without using other means of authentication like a password.

Enough space for China banks to complement India story: Kochhar

ICICI shares are listed in India on BSE and NSE, while its American Depositary Receipts are listed on the NYSE.

Zee Media: Rahul Sinha's special report from Shanghai

Watch Zee Media Rahul Sinha's special report from Shanghai, China.