ICICI Bank cuts fixed deposit rates by up to 0.50%: Check new FD rates here
The customers will now get 5.25 per cent interest on deposits up to one year.
May 12, 2020, 10:52 AM IST
ICICI Bank Q4 net jumps 26% at Rs 1,221 crore, provisions up 9% YoY
Country's largest private lender ICICI Bank on Saturday released its results for the quarter ending March 31, 2020 and reported 26% rise in its standalone net profit at Rs 1,221 crore. The net profit of ICICI in year-ago period was ₹969 crore.
May 10, 2020, 09:31 AM IST
Tamil Nadu witnesses 54 new COVID-19 positives; death toll reaches 20
ICICI Bank today said that it will launch mobile ATM services in Tamil Nadu after its successful launch in New Delhi, Mumbai, and Varanasi, to serve customers at their respective residences in view of the lockdown.
Apr 23, 2020, 22:26 PM IST
ICICI Bank, Axis Bank, HDFC Bank to invest in Yes Bank; Cabinet approves restructuring scheme for crisis-hit lender
Kotak Mahindra Bank has also confirmed that it will invest Rs 500 crore in Yes Bank to acquire 50 crore shares.
Mar 13, 2020, 19:50 PM IST
Enforcement Directorate attaches assets of former ICICI Bank CEO Chanda Kochhar in alleged loan fraud case
According to reports, total assets worth Rs 78 crore (book value) belonging to Kochhar and her family have been attached.
Jan 10, 2020, 16:41 PM IST
Sebi imposes fine of Rs 10 lakh on ICICI Bank, Rs 2 lakh on Sandeep Batra over disclosure lapses
Sebi said that it is suspected that the delay on the part of ICICI Bank in making the disclosure of the agreement resulted in insider trading in the scrip of BoR.
Sep 13, 2019, 16:01 PM IST
Now, robots count cash in ICICI Bank
These Robotic Arms are currently functioning at Mumbai, and Sangli (Maharashtra), New Delhi, Bengaluru and Mangaluru (Karnataka), Jaipur, Hyderabad, Chandigarh, Bhopal, Raipur, Siliguri and Varanasi, said ICICI Bank Head of Operations & Customer Services, Anubhuti Sanghai.
Aug 28, 2019, 14:43 PM IST
Top private sector banks cut interest rates on deposits by up to 0.25%
Generally, an interest rate cut in deposits is seen as a precursor to a lending rate cut. The moves by lenders including ICICI Bank and Axis Bank come amid easing liquidity conditions and also within days of a rate cut by the Reserve Bank earlier this month.
Jun 18, 2019, 10:16 AM IST
ICICI seeks direction on NCLT Allahabad for early hearing on insolvency plea against JAL
In September 2018, ICICI Bank had filed a petition before the Allahabad bench of National Company Law Tribunal (NCLT) seeking to start insolvency proceedings of JAL, which is into infrastructure and real estate.
Jun 17, 2019, 13:22 PM IST
Fitch downgrade ICICI Bank, Axis Bank rating by a notch
Fitch said it took the rating action after lowering its midpoint for India's operating environment to 'bb+' from 'bbb-' following a review of the banking sector's performance, particularly in the last three years, the regulatory framework for the sector, and the outlook in the near term.
Jun 04, 2019, 10:25 AM IST
ICICI Bank Q4 consolidated net profit up 2.45% at Rs 1,170 crore
The bank had registered a net profit of Rs 1,142 crore in the January-March period of the preceding fiscal (2017-18).
May 06, 2019, 18:15 PM IST
ICICI-Videocon case: ED summons Chanda Kochhar, husband at Delhi
The ED has registered a criminal case under the PMLA early this year against Chanda Kochhar, Deepak Kochhar, Dhoot and others to probe alleged irregularities and corrupt practices in sanctioning of Rs 1,875-crore loans by ICICI Bank to the corporate group.
Apr 23, 2019, 18:33 PM IST
ICICI Bank launches digital home loan products up to Rs 1 cr for instant disbursal
The instantaneous home loan facilitiy enables customers to get final sanction letter for new home loans as well as for a top up loan in a fully-digital way, the bank said in a release.
Mar 29, 2019, 12:06 PM IST
ICICI bank-Videocon case: ED calls Chanda Kochhar, Venugopal Dhoot for questioning
The Directorate had on Friday carried out raids in at least five office and residential premises in Mumbai and a few other locations linked to Kochhar and Dhoot.
Mar 02, 2019, 09:50 AM IST
Chanda Kochhar case: RBI says law will take its own course
The role of the regulator is limited to looking at the violations of its regulations by individuals or groups, and act on the same, governor Shaktikanta Das said.
Feb 08, 2019, 09:59 AM IST
Chanda Kochhar may have to return over Rs 9 crore bonus to ICICI Bank: Sources
Kochhar became the CEO and managing director of the country's leading private sector lender in May 2009 and left the bank in October 2018.
Feb 01, 2019, 06:35 AM IST
Morning Breaking: Srikrishna panel finds Chanda Kochhar guilty, ICICI Bank sacks her
ICICI Bank has sacked its former managing director and chief executive officer Chanda Kochhar, four months after she resigned, saying that she is seeking early retirement. Watch this video to know more.
Jan 31, 2019, 11:04 AM IST
Disappointed, hurt and shocked: Former ICICI CEO Chanda Kochhar on being sacked
Kochhar was the first woman CEO of a bank in the country and served the ICICI group for 34 long years.
Jan 30, 2019, 23:10 PM IST
Chanda Kochhar violated Code of Conduct, says ICICI Bank
The bank further said that it would treat Kochhar's resignation as 'Termination for Cause' and would stop payment of unpaid benefits including bonus.
Jan 30, 2019, 18:56 PM IST
ICICI Bank Q3 profit down 3% at Rs 1,605 crore
The bank had registered Rs 1,650 crore net profit in the corresponding October-December quarter of 2017-18.
Jan 30, 2019, 18:00 PM IST
