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RBI retains 'too big to fail' tag for SBI, ICICI Bank

RBI retains 'too big to fail' tag for SBI, ICICI Bank

RBI on Thursday retained 'too big to fail' tag for the state-owned SBI and private lender ICICI Bank for the second year in a row, calling them systemically important banks for 2016 requiring higher level of supervision.

Yes Bank enters credit card space, eyes No 3 slot in 4 years

Yes Bank enters credit card space, eyes No 3 slot in 4 years

Setting an ambitious target of having five million customers by 2020 and to become the No 3 player in the extremely competitive industry, mid-sized lender Yes Bank Tuesday made a foray into the credit card market.

ICICI worst performer in Sensex; M-cap erodes by Rs 7,935 crore

ICICI worst performer in Sensex; M-cap erodes by Rs 7,935 crore

Shares of private sector lender ICICI Bank fell as much as five percent and was the worst performer in the Sensex pack, following which, the market capitalisation of the company eroded by Rs 7,935 crore.

ICICI Bank Q1 net slips 22% to Rs 2,516 crore

ICICI Bank Q1 net slips 22% to Rs 2,516 crore

Private sector lender ICICI Bank on Friday reported 22.1 percent decline in consolidated net profit at Rs 2,516 crore for the quarter ended June 30 as bad loans mounted.

 ICICI, Axis banks join Swift's global payments initiative

ICICI, Axis banks join Swift's global payments initiative

Global payments leader SWIFT on Monday said ICICI Bank and Axis Bank have become the first domestic lenders to sign up for its global payments innovation initiative, which already has over 70 other leading banks globally.

Expert outlook and investment tips on ICICI Bank

ICICI Bank is currently trading at 240.15 with the loss of 4.70. 

ICICI Bank to add 400 branches, 1,000 ATMs this fiscal

ICICI Bank to add 400 branches, 1,000 ATMs this fiscal

Country's second-largest lender ICICI Bank will add 400 more branches and expand its ATM network by another 1,000 in the current fiscal to boost business from retail operations.

Banks eye control of Jaiprakash in debt-for-equity swap: Sources

Banks eye control of Jaiprakash in debt-for-equity swap: Sources

Banks plan to take control of indebted infrastructure company Jaiprakash Associates Ltd by swapping part of its loans for equity, two banking sources with direct knowledge of the matter said on Friday.

EPFO advisory body against collection of PF dues by private banks

EPFO advisory body against collection of PF dues by private banks

An advisory body of EPFO has rejected a proposal to engage private banks -- ICICI, Axis and HDFC Bank -- for collection of PF contribution from employers.

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.

Good news for movie buffs! Buy one ticket, get one free on ICICI Bank Debit Card

Good news for movie buffs! Buy one ticket, get one free on ICICI Bank Debit Card

The offer is available on all days and is based on 'First Come First Serve Basis'.

SBI becomes top merchant acquiring bank in country

SBI becomes top merchant acquiring bank in country

Country's largest lender State Bank of India has become the top merchant acquiring bank in the country with 2.96 lakh installed point-of-sale (PoS) terminals as of February 2016.

Kotak Mahindra surpasses ICICI in market valuation

Kotak Mahindra surpasses ICICI in market valuation

Kotak Mahindra Bank has surpassed ICICI Bank to emerge as the third most valued lender in the country as its market valuation soared to over Rs 1.29 lakh crore.

ICICI Bank extends fall; shares down over 4%

Falling for second straight session after reporting quarterly numbers, shares of ICICI Bank lost over 4 percent Monday, as the company posted its worst numbers in over a decade with net profit plunging 87 percent in the March quarter.

Chanda Kocchar's inspiring letter to her daughter Aarti is a must-read for every girl!

Chanda Kocchar's inspiring letter to her daughter Aarti is a must-read for every girl!

A working and dotting mother, Kochhar's letter to her daughter Aarti is all about inspiration, lessons learnt, experiences and all about those 'little steps that make the journey complete'.

SBI, ICICI cut home loan rate by 0.10%

SBI, ICICI cut home loan rate by 0.10%

Leading banks SBI and ICICI on Thursday cut their home loan rates by 0.10 percentage point to 9.4 percent following implementation of a new interest rate calculation regime mandated by RBI.

ICICI Bank sells part stake in insurance firms for Rs 2200 crore

Private sector ICICI Bank today said it has sold 9 per cent stake in its general insurance venture ICICI Lombard while 2 per cent stake in life insurance subsidiary ICICI Prudential for about Rs 2,200 crore.

ICICI Bank cuts bulk deposit rates by up to 0.55%

Private sector ICICI Bank has cut interest rate on fixed deposit rates by up to 0.55 percent on bulk deposit rates of over Rs 1 crore.

ICICI Bank launches contactless mobile payments solution

ICICI Bank launches contactless mobile payments solution

Country's largest private sector lender ICICI Bank on Tuesday launched a smartphone-based application which will allow users to pay for purchases by simply tapping their smartphones on a merchant terminal at a shop.

ICICI Bank ties up with Ferrari for co-branded credit card

ICICI Bank ties up with Ferrari for co-branded credit card

Country's largest private sector lender ICICI Bank on Monday said it has tied up with marquee sports car maker Ferrari to launch co-branded credit card.