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ICICI Bank

ICICI Bank WhatsApp banking services launched today! Here is full list of services account holders can avail

ICICI Bank WhatsApp banking services launched today! Here is full list of services account holders can avail

Mon, Mar 30, 2020

India's second largest private lender ICICI Bank WhatsApp banking services have been launched, the lender said in a tweet. The initiative has been launched by the bank to enable its retail customers to avail a slew of banking services from their home, the tweet

Withdraw cash without your SBI debit card, ICICI Bank debit card

Withdraw cash without your SBI debit card, ICICI Bank debit card

Fri, Mar 27, 2020

SBI YONO App gives you the facility to withdraw cash from the ATM machine without using your debit card. Similarly, ICICI Bank's iMobile app can be used to withdraw money without using debit card

ICICIStack: Open FD, RD, PPF or NPS account instantly with ICICI Bank's newly launched service

ICICIStack: Open FD, RD, PPF or NPS account instantly with ICICI Bank's newly launched service

Wed, Mar 25, 2020

Are you planning to open Fixed Deposit (FD), Recurring Deposit (RD), Public Provident Fund (PPF) or a National Pension System account with the bank but wondering how to get it done, amid a nationwide lockdown in light of the Coronavirus Disease (Covid-19)

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ICICI Bank-Videocon case: Disclose majority shareholder's identity, whistleblower to Nupower

ICICI Bank-Videocon case: Disclose majority shareholder's identity, whistleblower to Nupower

Wed, Apr 04, 2018

Supreme Energy Private Ltd owns 10.10 per cent, 0.04 per cent is held by Deepak Kochhar (also founder and CEO of NuPower) and 1.70 per cent by Sunil Bhuta, CFO & Head Corporate Finance of NuPower.

Some ICICI Bank borrowers got debt recast done via firm run by Chanda Kochhar's brother-in-law

Some ICICI Bank borrowers got debt recast done via firm run by Chanda Kochhar's brother-in-law

Wed, Apr 04, 2018

Among the companies that are said to have hired services of Avista include Videocon, GTL Infrastructure and Suzlon for restructuring of debt. ICICI Bank was a lender to all these entities.

ICICI Bank-Videocon loan case: I-T dept issues notice to Deepak Kochhar

ICICI Bank-Videocon loan case: I-T dept issues notice to Deepak Kochhar

Tue, Apr 03, 2018

According to officials, notice has been issued to Deepak Kochhar under section 131 (power regarding discovery, production of evidence) of the I-T Act and he has been asked to furnish details of his personal finances, Income Tax Returns (ITRs) for the last few years and business transactions with the firm NuPower Renewables. The department, the officials said, has launched a probe into the finances of the company and those associated with it

ICICI Bank-Videocon case: I-T department to soon issue a notice, say sources

ICICI Bank-Videocon case: I-T department to soon issue a notice, say sources

Tue, Apr 03, 2018

ICICI Bank-Videocon case: The Mumbai office of Income Tax (I-T) department will soon issue a notice in a matter related to the Rs 3,250 crore loan extended by ICICI Bank to the Videocon Group in 2012.

ICICI Bank share price plunges 6 pct on CBI probe talk

ICICI Bank share price plunges 6 pct on CBI probe talk

Tue, Apr 03, 2018

ICICI Bank Board met on Monday to take stock of various cases at National Company Law Tribunal (NCLT) involving the lender.

ICICI Bank, Axis Bank share prices plunge, together lose Rs 13,216 cr in market capitalisation

ICICI Bank, Axis Bank share prices plunge, together lose Rs 13,216 cr in market capitalisation

Tue, Apr 03, 2018

ICICI Bank, Axis Bank share prices took a beating amid controversy following reports about alleged involvement of Kochhar and her family members in a loan provided to Videocon Group on quid pro quo basis. Markets regulator Sebi is looking into the matter for any possible disclosure and corporate governance-related lapses.

Chanda Kochhar led ICICI Bank and Videocon case loan controversy: Check out timeline

Chanda Kochhar led ICICI Bank and Videocon case loan controversy: Check out timeline

Mon, Apr 02, 2018

ICICI Bank: Reports have alleged quid pro quo between Videocon Group and the bank's CEO Chanda Kochhar as well as her family members with respect to extending a loan worth Rs 3,250 crore to Videocon Group, an issue that has snowballed into a major controversy.

Who is Deepak Kochhar - the link between ICICI Bank and Videocon?

Who is Deepak Kochhar - the link between ICICI Bank and Videocon?

Mon, Apr 02, 2018

Deepak Kochhar the Founder & CEO of the NuPower Group, has 20 years of entrepreneurial experience in the financial services & renewable energy sector.

Tough days for Chanda Kochhar; ICICI Bank faces investors heat over Rs 3,250 cr Videocon loan

Tough days for Chanda Kochhar; ICICI Bank faces investors heat over Rs 3,250 cr Videocon loan

Mon, Apr 02, 2018

ICICI Bank, which has been led by Chanda Kochhar since 2009, had sanctioned about Rs 3,250 crore to Videocon in 2012.

ICICI Bank share price plunges whopping 17%, but analysts expect 39% upside

ICICI Bank share price plunges whopping 17%, but analysts expect 39% upside

Mon, Apr 02, 2018

ICICI Bank share price: Foreign brokerage Macquarie maintained its 'outperform' rating on the stock with a target price of Rs 425, an upside of 38.82 per cent from the current levels. However, it noted ICICI Bank's recent press release raised more questions. "Trust deficit could emerge if prompt clarifications are not released," it said.

ICICI Bank share price hits lowest since October, tanks 6% as Videocon controversy draws police, Sebi probe

ICICI Bank share price hits lowest since October, tanks 6% as Videocon controversy draws police, Sebi probe

Mon, Apr 02, 2018

ICICI Bank share price: Market regulator Sebi said it has started looking into the alleged conflict of interest issue involving bank's CEO Chanda Kochhar and promoters of Videocon Industries.

Chanda Kochhar, ICICI Bank loan row: CBI questions bank officials

Chanda Kochhar, ICICI Bank loan row: CBI questions bank officials

Sat, Mar 31, 2018

CBI officials said they are also studying relevant documents of the transaction and if they come across any evidence that indicates wrongdoing, ICICI Bank MD and CEO Chanda Kochhar, her husband Deepak Kochhar along with others could be summoned for detailed questioning. They said the statements of nodal officers of the ICICI, who were part of processing the loan of about Rs 3,250 crore, have been recorded as part of the PE registered six weeks back

Big setback for Chanda Kochhar's husband, CBI registers PE in ICICI Bank loan case

Big setback for Chanda Kochhar's husband, CBI registers PE in ICICI Bank loan case

Sat, Mar 31, 2018

CBI sources said that Chanda Kochhar, against whom conflict of interest questions have been raised, has not been named in the PE as of now. They said that Deepak Kochhar will soon be called for questioning along with some bank officials. These officials are also likely to include from the banks which were part of the consortium that lent money to the Videocon group

Big setback for ICICI Bank in Chanda Kochhar case; here is what has happened now

Big setback for ICICI Bank in Chanda Kochhar case; here is what has happened now

Fri, Mar 30, 2018

SEBI has begun a preliminary enquiry into various disclosures made by the top private sector bank over the last few years while the stock exchanges may seek additional clarifications regarding recent reports in this regard that relate to dealings that took place way back in 2012, a senior official said. ICICI Bank is India's fourth most valued bank with a market capitalisation of about Rs 1.8 lakh crore and its shares are also part of the benchmark stock market index Sensex.

Bank frauds: ICICI Bank on number 2 spot, see who topped list

Bank frauds: ICICI Bank on number 2 spot, see who topped list

Thu, Mar 29, 2018

Punjab National Bank (PNB) had reported the highest amount of frauds at Rs 2,810 crore in the last financial year, followed by Bank of India at Rs 2,770 crore, State Bank of India at Rs 2,420 crore and Bank of Maharashtra at Rs 2,041 crore. The report comes amid a string of banking frauds recently, including the Rs 13,000-crore PNB scam involving billionaire jeweller Nirav Modi and his uncle Mehul Choksi.

ICICI Bank's exposure in Videocon: Private lender rebuts rumours, says Chanda Kochhar did not sanction loan

ICICI Bank's exposure in Videocon: Private lender rebuts rumours, says Chanda Kochhar did not sanction loan

Thu, Mar 29, 2018

ICICI Bank was not the lead bank for the syndicated consortium management, as it had only sanctioned its share of facilities to about Rs 3,250 crore, which would be less than 10% of the total consortium facility in April 2012.

ICICI Bank told to pay Rs 58.9 crore fine to RBI; here's why

ICICI Bank told to pay Rs 58.9 crore fine to RBI; here's why

Thu, Mar 29, 2018

Banks need to disclose the amount of securities they keep under the HTM segment under which the papers are held until maturity and cannot be used for intraday trading.

ICICI Bank board reposes faith in Chanda Kochhar, refutes allegations on Videocon exposure

ICICI Bank board reposes faith in Chanda Kochhar, refutes allegations on Videocon exposure

Wed, Mar 28, 2018

According to ICICI Bank, in 2012 a consortium of over 20 banks and financial institutions sanctioned facilities to the Videocon group (Videocon Industries Ltd and 12 of its subsidiaries/ associates as co-obligors) for a debt consolidation programme and for the group`s oil and gas capital expenditure programme aggregating approximately Rs 40,000 crore. The private lender`s current exposure to the Videocon group was a part of this syndicated consortium arrangement

Car, personal and home loans: Your EMIs set to hurt soon; here is why

Car, personal and home loans: Your EMIs set to hurt soon; here is why

Sat, Mar 10, 2018

Car, personal and home loans: Those who took car, personal, home loans are set to feel the pinch as their EMIs are going to rise

PNB fraud case crackdown: ICICI Bank chief Chanda Kochhar, Axis Bank MD Shikha Sharma get SFIO summons

PNB fraud case crackdown: ICICI Bank chief Chanda Kochhar, Axis Bank MD Shikha Sharma get SFIO summons

Tue, Mar 06, 2018

Punjab National Bank (PNB) fraud case: The SFIO was investigating loans of Rs 5,280 crore to Gitanjali Gems by ICICI Bank-led consortium of 31 banks which gave loans to the company

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