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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 shares jump over 6% on Essar Oil stake sale deal with Rosneft

ICICI Bank shares jump over 6% on Essar Oil stake sale deal with Rosneft

Mon, Oct 17, 2016

Reportedly, in the all-cash deal, it also includes Vadinar refinery and Vadinar Port in Gujarat.

Everything is going right for Indian economy: KV Kamath

Everything is going right for Indian economy: KV Kamath

Sat, Oct 15, 2016

Sounding exuberant, veteran banker and New Development Bank (NDB) President KV Kamath has said everything is going right for India at present and the third largest Asian economy will witness a "sudden uptick" in fortunes soon.

Dubai's Emirates NBD joins ICICI on blockchain project

Dubai's Emirates NBD joins ICICI on blockchain project

Wed, Oct 12, 2016

Blockchain, which originates from digital currency bitcoin, works as an electronic transaction-processing and record-keeping system that allows all parties to track information through a secure network, with no need for third-party verification.

ICICI Bank to redeem $340 million in debt securities

ICICI Bank to redeem $340 million in debt securities

Wed, Oct 12, 2016

It said, “ICICI Bank has notified the trustee that all outstanding 7.25% perpetual non-cumulative subordinated debt securities (the Notes) of the bank will be redeemed fully on October 31, 2016, at a redemption price equal to 100% of the principal amount thereof plus accrued and unpaid interest to (but not including) the redemption date.”

Treasury gains to aid banking sector’s profitability in Q2

Treasury gains to aid banking sector’s profitability in Q2

Mon, Oct 10, 2016

Kotak Institutional Equities Research said, "Banks are expected to report 15% yoy decline in earnings on the back of accelerating revenue growth of 18% yoy led by higher treasury income as they continue to provide for bad loans (82% yoy) for NPLs."

Kotak Mahindra Bank cuts down base rate by 10 bps

Kotak Mahindra Bank cuts down base rate by 10 bps

Fri, Oct 07, 2016

Following recent base rate cut moves by ICICI Bank and Bank of India (BOI), Kotak Mahindra Bank has now revised its base rate downward by 10 basis points to 9.40% per annum on Thursday.

ABG Shipyard decides to divest Western India Shipyard

ABG Shipyard decides to divest Western India Shipyard

Thu, Oct 06, 2016

“The company’s board has agreed to invite suitable bid from the prospective investor and negotiate the deal including best price,” it said.

Banks begin reducing MCLRs; what does this mean for your EMIs?

Banks begin reducing MCLRs; what does this mean for your EMIs?

Thu, Oct 06, 2016

The Reserve Bank of India (RBI) reduced interest rate by 25 basis points on Tuesday in a bid to make borrowings cheaper. It seems that banks in India have begun following the lead. First it was India's one of the largest private sector banks, ICICI Bank that reduced MCLR.

Edelweiss buys Rs 1,000-crore Axis Bank loans of Essar Steel

Edelweiss buys Rs 1,000-crore Axis Bank loans of Essar Steel

Mon, Oct 03, 2016

Essar Steel is saddled with Rs 44,000 crore debt from a consortium of 20 lenders.

ICICI Prudential Life will outpace market growth in next few years: Chanda Kochhar

ICICI Prudential Life will outpace market growth in next few years: Chanda Kochhar

Thu, Sep 29, 2016

ICICI Prudential Life Insurance will outpace the market growth in next few years, the company's chairperson Chanda Kochhar said on Thursday.

ICICI Prudential IPO: Shares list at 1% discount

ICICI Prudential IPO: Shares list at 1% discount

Thu, Sep 29, 2016

The IPO saw insurer's parent ICICI Bank selling an about 12.63% stake, aimed to raise as much as Rs 6,057 crore.

ICICI Bank hits 1 lakh VPA registrations on UPI app

ICICI Bank hits 1 lakh VPA registrations on UPI app

Tue, Sep 27, 2016

Country's largest private sector lender ICICI Bank on Tuesday said it has reached the milestone of registering one lakh virtual payment addresses (VPA) on Unified Payments Interface (UPI), within three weeks of its launch.

ICICI Pru IPO closes on high note; oversubscribed 10.5 times

ICICI Pru IPO closes on high note; oversubscribed 10.5 times

Thu, Sep 22, 2016

The public issue got million plus applications third in 2016-17 after Larsen & Toubro Infotech and RBL Bank.

Domestic markets open flat, Sensex up over 60 points

Domestic markets open flat, Sensex up over 60 points

Mon, Sep 19, 2016

Markets opened flat on Monday with BSE Sensex edging up 0.21% to 28,660 points while NSE Nifty 50 inched up 0.18% to 8795.70 points.

ICICI Prudential Life’s IPO to hit the market today

ICICI Prudential Life’s IPO to hit the market today

Mon, Sep 19, 2016

The company is looking to raising Rs 1,635 crore ($243.7 million) by selling shares to 38 anchor investors as part of the IPO.

ICICI Prudential Life IPO to raise nearly $244 million from anchor investors

ICICI Prudential Life IPO to raise nearly $244 million from anchor investors

Sat, Sep 17, 2016

ICICI Prudential Life Insurance Co, which is due to launch on Monday India's biggest initial public offering (IPO) of shares in six years, is raising Rs 1,635 crore ($243.7 million) by selling shares to 38 anchor investors as part of the IPO.

ICICI Prudential IPO: ICICI Bank may trim its stake to 54% in insurance arm

ICICI Prudential IPO: ICICI Bank may trim its stake to 54% in insurance arm

Mon, Sep 12, 2016

"The understanding between the shareholders is that when we arrive at the 25 per cent public shareholding over a three-year period, ultimately the Bank will hold 54 per cent stake and 20 per cent will be held by Prudential," said Chanda Kochhar on Business Standard.

Tata Power, ICICI Venture partner to launch power platform with global investors

Tata Power, ICICI Venture partner to launch power platform with global investors

Fri, Sep 09, 2016

It said in a statement,"Tata Power International Pte has entered into a subscription agreement to invest in Resurgent Power Ventures (RPV) - a power platform created to facilitate investment in power projects in India."

ICICI Prudential IPO to be biggest since 2010; should you invest?

ICICI Prudential IPO to be biggest since 2010; should you invest?

Fri, Sep 09, 2016

Till July 12, 2016, they had over 4,500 branches.

ICICI Prudential sets IPO price at Rs 300-334 per share

ICICI Prudential sets IPO price at Rs 300-334 per share

Fri, Sep 09, 2016

ICICI Bank has set a price band of Rs 300 to Rs 334 per share for the Initial Public Offer (IPO) of its subsidiary ICICI Prudential Life.

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