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ICICI Prudential MF launches 'Dividend Yield Equity Fund'

ICICI Prudential MF launches 'Dividend Yield Equity Fund'

Last Updated: Friday, April 18, 2014, 17:41

ICICI Prudential Mutual Fund is planning to launch a new open-ended 'ICICI Prudential Dividend Yield Equity Fund'.

ICICI reports deposit of fake currency notes over several years

Last Updated: Tuesday, April 08, 2014, 22:31

Country's largest private sector bank ICICI Bank has lodged an FIR in a city police station alleging fake currency notes with a face value Rs 10 crore were deposited in its different branches in the past several years.

ICICI Pru MF joins Rs 1-trillion club; HDFC retains top slot

Last Updated: Wednesday, April 02, 2014, 13:56

The total asset base of the entire mutual fund industry grew by over Rs 40,000 crore during the last fiscal to about Rs 8.6 lakh crore at the end of the financial year 2013-14.

ABG Shipyard's corporate debt restructuring fails to take off

Last Updated: Sunday, March 16, 2014, 18:57

A 22-member lenders' consortium led by ICICI Bank has failed to agree on a proposal from ABG Shipyard to recast its Rs 11,500-crore loan, a majority of which turned into dud assets on their books, sources said Sunday.

ICICI Lombard under IRDA scanner for alleged irregularities

Last Updated: Friday, March 14, 2014, 17:01

The IRDA is carrying out a "focused inspection" with respect to these schemes, said the letter.

CBI probes ICICI Lombard for alleged fraud

Last Updated: Wednesday, March 12, 2014, 18:36

CBI Wednesday registered a Preliminary Enquiry (PE) against ICICI Lombard for allegedly colluding with officials of Rajasthan government and Union Agriculture and Textiles ministries and pocketing claims of non-existing farmers and artisans.

ICICI launches portable POS; patrons at hotels to benefit

Last Updated: Wednesday, March 12, 2014, 18:14

In order to do away with inconvenience around entering secret PIN number for card transactions in hotels, a point-of-sale operator backed by the country's largest private sector lender ICICI Bank Wednesday said it has launched a portable machine.

Morgan Stanley turns ''overweight'' on private banks

Last Updated: Monday, March 10, 2014, 12:20

Morgan Stanley turns "overweight" across all private sector lenders in India, after previously having that stance for only HDFC Bank, Housing Development Finance Corp, ICICI Bank, and Axis Bank.

ICICI to more than double loans to women SGHs next fiscal

Last Updated: Saturday, March 08, 2014, 16:36

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 of the next fiscal.

ICICI Prudential Life launches new product

Last Updated: Monday, March 03, 2014, 19:37

This unit-linked product will allow customers to protect their capital on maturity and have a potential for upside through an exposure to equities, it added.

ICICI Bank launches 'Branch on Wheels' in Odisha

Last Updated: Wednesday, February 26, 2014, 19:16

ICICI Bank Wednesday launched 'Branch on Wheels' in Odisha as part its financial inclusion plan to provide banking services in remote villages in the state which are devoid of banking facilities.

Forum orders ICICI Lombard to pay Rs 5 lakh compensation

Last Updated: Tuesday, February 25, 2014, 12:34

The District Consumer Disputes Redressal Forum has pulled up ICICI Lombard Motor Insurance for indulging in "unfair trade practices" and asked it to pay a compensation of Rs 5 lakh to a complainant.