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India Inc hails N Chandrasekaran elevation as Tata Sons' Chairman

As Tata Sons named TCS boss N Chandrasekaran as its new chairman ending months of speculation, industry leaders, and Twitterati gave their thumbs up, expressing optimism on the future of the country's largest conglomerate.

United Bank of India slashes lending rate by up to 0.90%

United Bank of India slashes lending rate by up to 0.90%

Public lender United Bank of India slashed its benchmark lending rate by up to 0.90 percent, joining others such as State Bank of India, ICICI Bank, HDFC Bank and Punjab National Bank.

Home, auto loans cheapest in 6 years as SBI, PNB, ICICI cut lending rates by up to 0.9%, other banks follow

Home, auto loans cheapest in 6 years as SBI, PNB, ICICI cut lending rates by up to 0.9%, other banks follow

ICICI Bank on Monday reduced benchmark lending rate by 0.7 percent across various maturities.

ICICI Bank launches mobile app Eazypay for instant cashless payments

ICICI Bank launches mobile app Eazypay for instant cashless payments

Eazypay offers customers the improved convenience of paying by using their mobile phone through Unified Payment Interface (UPI), any credit or debit card or Internet banking.

Post-demonetisation, ICICI Bank got Rs 32,000 crore deposits: Chanda Kochhar

Top private sector lender ICICI Bank Friday said it has received deposits of Rs 32,000 crore after the November 8 demonetisation move.

ICICI, HDFC Bank, Canara, United Bank cut Fixed Deposit rates by up to 1%

ICICI, HDFC Bank, Canara, United Bank cut Fixed Deposit rates by up to 1%

Largest private lender ICICI Bank and HDFC Bank cut their deposit rates by up to 0.25 percent while Kolkata-based United Bank of India did it for short-term deposits by 1 percent.

ICICI Bank Q2 net profit dips 13% to Rs 2,979 crore on bad loans

ICICI Bank Q2 net profit dips 13% to Rs 2,979 crore on bad loans

Country's largest private sector lender ICICI Bank Monday reported 12.8 percent dip in consolidated net profit to Rs 2,979 crore for the September quarter as its provisioning for bad loans shot up by 7-fold.

Premium to be hiked by insurers for cyber security covers

Premium to be hiked by insurers for cyber security covers

Following the data theft that impacted 32 lakh debit cards recently, insurers see surge in demand for cyber insurance and have warned of a spike in cyber risk cover premiums.

HDFC, ICICI Bank cut home loan rate by 0.15%; other lenders may follow

HDFC, ICICI Bank cut home loan rate by 0.15%; other lenders may follow

Setting up a tempo for other lenders to follow, HDFC and private sector lender ICICI Bank on Thursday cut home loan rate by 0.15 percent.

ICICI Bank slashes home loan rate by 0.15% for new borrowers

ICICI Bank slashes home loan rate by 0.15% for new borrowers

Private sector lender ICICI Bank on Thursday announced a cut in home loan rate by 0.15 percent for new borrowers, joining the rate cut initiated by bigger rival SBI.

ICICI Bank Money2India Europe service: Transfer money online to any recipent A/c based in India

ICICI Bank Money2India Europe service: Transfer money online to any recipent A/c based in India

ICICI Bank UK Plc -- has announced the launch of online money transfer services to facilitate transaction from any bank accounts in Sweden, Norway and Denmark to any recipent account based in India.

Sensex fails to maintain 28,000-mark

Sensex fails to maintain 28,000-mark

The BSE benchmark Sensex failed to hold the key 28,000-mark Wednesday as investors booked profits in financial stocks, which led the declines.

 

Sensex soars 521 points to reclaim 28,000-level; ICICI Bank up 4.5%

Sensex soars 521 points to reclaim 28,000-level; ICICI Bank up 4.5%

Sensex on Tuesday bounced back from a 3-month low and gained 521 points to reclaim the 28,000 level, led by stocks such as ICICI Bank and Tata Steel.

ICICI Bank up 7% on Essar Oil deal; mcap gains Rs 9,771 crore

ICICI Bank up 7% on Essar Oil deal; mcap gains Rs 9,771 crore

ICICI Bank's stock surged 7 percent Monday, adding Rs 9,771.57 crore to its market valuation, as NPA worries in the banking sector receded following the USD 13-billion asset sale by Essar Oil for paring debt.

Non performing assets not an issue, rate cuts to fetch Rs 2.5 trillion gains: KV Kamath

Non performing assets not an issue, rate cuts to fetch Rs 2.5 trillion gains: KV Kamath

Seeking to allay fears arising from dud loans pile-up, veteran banker K V Kamath said interest rate cuts will give troubled lenders Rs 2.5 trillion boost through treasury gains that will help the system tide over troubles and also ease pressure on growth capital.

NPA not an issue, rate cuts to fetch Rs 2.5 trillion gains: K V Kamath

NPA not an issue, rate cuts to fetch Rs 2.5 trillion gains: K V Kamath

Seeking to allay fears arising from dud loans pile-up, veteran banker K V Kamath said interest rate cuts will give troubled lenders Rs 2.5 trillion boost through treasury gains that will help the system tide over troubles and also ease pressure on growth capital.

ICICI Bank executes India's first transaction on blockchain

ICICI Bank executes India's first transaction on blockchain

ICICI Bank Wednesday announced that it has successfully executed transactions in international trade finance and remittances using blockchain technology in partnership with Emirates NBD.

ICICI Bank to redeem bonds worth $340 million

ICICI Bank to redeem bonds worth $340 million

ICICI Bank Wednesday said it will this month-end redeem bonds worth USD 340 million, issued by its Bahrain branch in 2006.

ICICI Prudential Life will outpace market growth: Chanda Kochhar

ICICI Prudential Life will outpace market growth: Chanda Kochhar

"The company has had the tradition of growing faster than the industry and that gives us the comfort that the company will continue (to grow faster)," she told reporters, minutes after the first insurer to go public was listed on the bourses.