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.

EPFO retains 4 fund managers; also appoints UTI AMC

Retirement fund manager EPFO has retained its existing four fund managers SBI, ICICI Securities Primary Dealership, Reliance Capital and HSBC AMC for a three-year term, starting April 1, 2015.

ICICI, Axis cut home loan rate by up to 0.25%

The move follows rate cuts initiated by leading players State Bank of India and HDFC Ltd in the past few days.

SBI, ICICI, HDFC Bank cut rates, EMIs set to fall

Country's biggest bank SBI and private sector lenders ICICI and HDFC Bank late Tuesday evening cut their base rates by 0.15-0.25 percentage points, a move that could bring relief to corporate and retail borrowers.

ICICI Bank achieves milestone of 4000th branches

Country's largest private sector lender ICICI Bank on Tuesday opened about 50 branches across the country, achieving the milestone of 4000th branches.

ICICI, HDFC Bank cut bulk deposit rates by up to 0.25%

ICICI, HDFC Bank cut bulk deposit rates by up to 0.25%

Fixed deposit rate of maturity between 121-150 days has been revised downward to 8 per cent from 8.25 per cent earlier.

LIC premium collection dips by 21%; market share slips to 70%

Life Insurance Corporation of India (LIC), the country's largest insurer, has seen its market share slip to 70 per cent this fiscal as its new business premium shrunk by over 21 percent in April-December period.

ICICI ties up with UAE Exchange for instant money transfer

ICICI bank has tied up with UAE Exchange to offer an instant bank transfer service to the Indians residing in the Gulf nation.

India needs quick and continuous decision-making: Kochhar

Ahead of the NDA government's first full budget, ICICI Bank chief Chanda Kochhar on Thursday said investors are looking for 'continuous and quick decision-making' as also for the capital investment plans of the government in various areas including infrastructure.