ICICI Bank reduces interest rates on auto loans by 50 bps

In a bid to woo customers in the
festival season, India`s second largest lender ICICI Bank
today cut interest rates on auto loans by 50 basis points to
10.75 per cent with immediate effect.

Dud loans: ICICI Bank sees sabotage; to seek probe

ICICI Bank has decided to approach the government agencies and market regulator SEBI for a thorough probe into what it called an attempt to `sabotage` the bank by some corporate rivals.

Earn your bonus: ICICI Bank to employees

Having scrapped staff bonus payments last year due to adverse business conditions, ICICI Bank now wants its employees to earn their bonuses by helping the company achieve its profit targets.

ICICI Bank for doubling returns; to be in top-5 listed cos

ICICI Bank has embarked on an ambitious plan to double return for investors in three years and be counted among the country`s top five valuable entities, CEO and Managing Director Chanda Kochhar has said.

Will prefer acquiring a domestic bank over global: ICICI Bank

Having missed the bus to a planned global acquisition in 2008, ICICI Bank on Sunday said it is open for a buyout in India as domestic takeover in the current environment makes better sense than an overseas buy.

Kochhar named among four `women to watch` globally

Business magazine Forbes has named ICICI Bank chief Chanda Kochhar among four women from across the world to watch out for in the next 12 months.

IPO in 4 group firms, insurance stake sale possible: ICICI Bank

Keen to create value for its investors, ICICI Bank on Friday said it could make initial public offerings in four subsidiaries or sell stake in its insurance ventures once the government raises sectoral FDI limit.

Account disclosure by Swiss banks will help others: ICICI Bank

The crack in the secrecy shield of Swiss banks - known for fiercely guarding the identity of customers - will help banks across the world, feels ICICI Bank CEO and Managing Director Chanda Kochhar.

Interest rates to go up, says ICICI Bank chief

The country`s largest private sector lender ICICI Bank on Thursday said lending rates will start going up any time now, quite contrary to the SBI Chairman`s projection that borrowers can breathe easy till Diwali.

ICICI Bank to focus on home, car loans: CEO

Leading private sector lender, ICICI Bank, plans to focus more on growing its home and car loan portfolios in the months ahead and said its rates are competitive in the industry.

ICICI Bank to restructure some more loans in Q2, Q3

Country`s largest private sector
lender ICICI Bank on Tuesday said it will have to rehabilitate some
more loans in the next few quarters.

Robbers take away the whole ATM

Unable to break open the Automated Teller Machine (ATM) of a private bank, robbers took away the entire machine late Friday night.

ICICI Bank accused of violating RBI guidelines: Pranab

ICICI Bank was twice issued letter of warning or advisory note in last two years for violating Reserve Bank of India guidelines, Lok Sabha was informed on Friday.