ICICI

Sensex closes nearly 117 points higher on gains in telecom, oil stocks

Sensex closes nearly 117 points higher on gains in telecom, oil stocks

The 30-share index settled higher by 116.76 points or 0.36 per cent, at 32,506.72, driven by gains in Reliance Industries, Bharti Airtel, ICICI, HDFC Bank and Infosys.

Oct 23, 2017, 17:35 PM IST
ICICI Lombard IPO to be launched in market on September 15

ICICI Lombard IPO to be launched in market on September 15

Through this IPO, the promoters will dilute up to 86,247,187 equity shares with a face value of Rs 10 each of ICICI Lombard.

Sep 09, 2017, 16:44 PM IST
Present project financing ways must change: Chanda Kochhar

Present project financing ways must change: Chanda Kochhar

With lenders' bets on project loans turning awry, ICICI Bank's Chanda Kochhar has said project financing is set to undergo fundamental changes wherein greater focus will be on planning and diligence.

Aug 24, 2017, 12:17 PM IST
Bank strike: Financial services hit across country; employees protest against reforms

Bank strike: Financial services hit across country; employees protest against reforms

Banking operations across the country were hit on Tuesday as over 10 lakh bank employees in more than 1,30,000 branches pan-India struck work -- protesting against reforms in the banking sector among other issues -- thereby affecting cheque-clearing activity.

Aug 22, 2017, 16:11 PM IST
Bank strike: Operations to be affected today as 1 million bankers protest

Bank strike: Operations to be affected today as 1 million bankers protest

Normal banking operations have been hit as public sector bank employees went on a one-day nationwide strike today to protest against the government's proposed consolidation move, besides raising other demands.

Aug 22, 2017, 09:22 AM IST
Bank strike on August 22: Banking operations likely to be affected

Bank strike on August 22: Banking operations likely to be affected

Most banks have already informed their customers that functioning of branches and offices will be impacted if the strike takes off.

Aug 21, 2017, 09:31 AM IST
Banks stare at union strike on Tuesday, services may be hit

Banks stare at union strike on Tuesday, services may be hit

Services at public sector banks may take a hit on Tuesday as all unions under the aegis of UFBU have threatened to go on strike against the government's proposed consolidation move besides raising a host of other demands.

Aug 20, 2017, 10:45 AM IST
Now, an instant credit card against your savings account

Now, an instant credit card against your savings account

Ahead of the festive season, ICICI Bank on Wenesday introduced an instant credit card which can be availed online and helps a customer to start shopping even before the plastic card gets delivered.

Aug 09, 2017, 16:22 PM IST
Sebi forms panel to study fintech solutions for capital markets

Sebi forms panel to study fintech solutions for capital markets

The panel would study the framework for regulatory sandbox in market conditions to facilitate adoption of fintech and promote financial innovations.

Aug 03, 2017, 14:14 PM IST
India Inc pay gap: CEOs earn up to 1,200-times of average staff

India Inc pay gap: CEOs earn up to 1,200-times of average staff

An analysis of remuneration disclosures made by top listed companies forming part of the blue-chip index Sensex -under directions of the capital markets regulator Sebi -shows that the pay packages of senior-most personnel such as CEOs and executive chairmen continue to remain high and rose further at most private sector firms during 2016-17.

Jul 23, 2017, 14:45 PM IST
ICICI Bank to sell stake in general insurance JV

ICICI Bank to sell stake in general insurance JV

Private player ICICI Bank on Monday said it will sell a part of its stake in joint-venture firm ICICI Lombard General Insurance Company Ltd through an Initial Public Offer.

Jun 05, 2017, 16:49 PM IST
Now, HDFC too matches SBI, ICICI's rates, lowers to 8.35%

Now, HDFC too matches SBI, ICICI's rates, lowers to 8.35%

Pureplay mortage player HDFC on Monday followed suit of its rivals and lowered new low-cost home loan prices by 15 bps to 8.35 percent for women borrowers and by 10 bps for men, thereby matching the rates offered by SBI last week and ICICI Bank earlier in the day.

May 15, 2017, 20:14 PM IST
ICICI Bank Q4 net profit jumps to over Rs 2,024 crore

ICICI Bank Q4 net profit jumps to over Rs 2,024 crore

Country's largest private sector lender ICICI Bank on Tuesday reported manifold jump in standalone net profit to Rs 2,024.64 crore for the quarter ended March 31.

May 03, 2017, 19:21 PM IST
Pay Rs 150 after 4 cash transactions at HDFC Bank, ICICI Bank and Axis Bank: All you need to know

Pay Rs 150 after 4 cash transactions at HDFC Bank, ICICI Bank and Axis Bank: All you need to know

Banks including HDFC Bank, ICICI Bank and Axis Bank have begun charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month.

Mar 02, 2017, 10:47 AM IST
HDFC, ICICI and other banks start charging Rs 150 after four free transactions a month

HDFC, ICICI and other banks start charging Rs 150 after four free transactions a month

In a bid to discourage cash transactions, from March 1, customers carrying out financial transactions at HDFC, ICICI and certain other bank branches will have to pay a fee if the number of transactions exceed beyond four.

Mar 01, 2017, 23:59 PM IST
Demonetisation: Janata Dal (U) gives suspension of business notice as parties gear up for war in Parliament

Demonetisation: Janata Dal (U) gives suspension of business notice as parties gear up for war in Parliament

Janata Dal United on Tuesday gave a notice for suspension of all listed business in Rajya Sabha over what it called the ''unplanned demonetisation'' by the Narendra Modi government at the Centre which has made the life of common man miserable due to acute shortage of cash.

Nov 15, 2016, 09:21 AM IST
Chetan Bhagat demands good execution of demonetisation move, says 'don't use patriotism as excuse for bad operations'

Chetan Bhagat demands good execution of demonetisation move, says 'don't use patriotism as excuse for bad operations'

As banks and ATMs on continue to witness chaos, famous novelist Chetan Bhagat on Saturday opined, while demonetisation might be well-intentioned, the poor execution of an idea leads to problems for ordinary citizens.

Nov 12, 2016, 11:45 AM IST
Good news for home buyers: SBI cuts home loan rate; ICICI offers overdraft

Good news for home buyers: SBI cuts home loan rate; ICICI offers overdraft

To cash in on the festive fervour, banks including SBI and ICICI have unveiled a host of benefits such as reduction in rates, waiver of processing fee and overdraft facility.

Nov 02, 2016, 15:10 PM IST
Data fraud: Irdai takes guard, readies cyber security shield

Data fraud: Irdai takes guard, readies cyber security shield

In the wake of the recent data breach involving the banking system, insurance regulator Irdai is in the process of setting up a cyber security framework to thwart any such incident in future.

Nov 01, 2016, 16:11 PM IST
Debit card data fraud: What waits ahead for the banks?

Debit card data fraud: What waits ahead for the banks?

The Finance Ministry has asked various agencies, including the Reserve Bank of India, which are looking into the largest banking security breach involving over 32 lakh debit cards to submit their report in 10 days.

Oct 23, 2016, 23:43 PM IST