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ICICI Bank News
Pay your GST on ICICI Bank's net banking
Fri, Jun 30, 2017
Just few hours before the launch of GST, ICICI Bank has said it is authorised to collect GST.
Jaiprakash Associates completes sale of cement unit to Ultratech; shares up 14%
Thu, Jun 29, 2017
Jaiprakash Associates has completed the sale of part of its cement business to Ultratech Cement at an enterprise value of Rs 16,189 crore.
These two companies stand to gain immensely if India goes ahead with steel sector bankruptcies
Mon, Jun 26, 2017
RBI said, "The Internal Advisory Committee (IAC) recommended for IBC reference all accounts with fund and non-fund based outstanding amount greater than Rs 5000 crore, with 60% or more classified as non-performing by banks as of March 31, 2016. The IAC noted that under the recommended criterion, 12 accounts totaling about 25% of the current gross NPAs of the banking system would qualify for immediate reference under IBC."
ICICI to sell stakes in ICICI Lombard; govt banks plan to raise 58,000 crore by selling shares
Tue, Jun 06, 2017
This segment of News 360 brings to you important business updates of the day. Opening of international exchange of NSE, closure of Nifty and Sensex on record levels and other significant news are featured in this segment. About Zee Business --------------------------
ICICI Bank's board approves stake sale in ICICI Lombard via IPO
Mon, Jun 05, 2017
ICICI Bank board has approved sale of a part of its shareholding in ICICI Lombard through IPO. This would be ICICI Bank's second subsidiary to opt for IPO after ICICI Prudential.
NPA resolution: Banks seek relaxation in S4A scheme
Wed, May 31, 2017
Bankers have also requested the regulator to allow them to extend repayment schedule and reduce rate of interest under the scheme. These are not allowed in the exiting S4A guidelines.
ICICI Bank launches ''Money2India''; Here are its key features
Mon, May 29, 2017
ICICI Bank launched online money transfer service called ''Money2India'' for its NRIs customers.
Chanda Kochhar's per day income of Rs 2.15 lakh; basic salary rose by 15% in FY17
Fri, May 26, 2017
Chanda Kochhar's basic salary increased by 15% to Rs 2.67 crore in FY17, the annual report mentioned.
2017 is a good time for new home buyers to buy affordable housing in Thane, Navi Mumbai: Experts
Mon, May 22, 2017
According to experts, the year 2017 is the good time for the first-time home buyers to buy affordable housing in locations like Thane, Navi Mumbai, Karjat, Panvel, etc.,
ICICI and HDFC bank reduced the Home loan rates
Sat, May 20, 2017
ICICI and HDFC bank reduced the Home loan rates. Watch this special segment and get to know more here.
State Bank of India Q4 preview: Moderation in loan growth, stable NIM and asset quality?
Fri, May 19, 2017
Nilesh Parikh, Kunal Shah and Prakhar Agarwal analysts at Edelweiss Financial Services said, "Loan growth to be softer, but NII to be supported by lower funding cost. Incremental stress will likely be curtailed, keeping credit cost within initial guidance."
Home loans rate cut: Banks offer 'best' home loans rate for women but what you save is nothing really
Wed, May 17, 2017
Since last week, the banks have been reducing home loan rates to give a push to Prime Minister Narendra Modi's vision "Affordable Housing to all by 2022".
Now, HDFC too matches SBI, ICICI's rates, lowers to 8.35%
Tue, May 16, 2017
Earlier HDFC Bank had a flat rate of 8.50 percent for all types of borrowers. With this, the three largest players (SBI, ICICI Bank and HDFC Bank) offer similar prices for new affordable home loans.
WATCH: ICICI Bank slashes home loans by 30 basis points for ‘affordable housing’
Mon, May 15, 2017
Key Highlights: -- Bank trims interest rates for home loans up to Rs 30 lakh. -- ICICI offers choice of home loans linked to I-MCLR-6 Months or I-MCLR-1 Year.
Indian equities bullish on IMD forecast, indices scale record highs
Sat, May 13, 2017
The key Indian equity indices zoomed to new closing and 52-week highs, crossing their psychologically significant levels, riding on news reports which quoted a top India Meteorological Department (IMD) official predicting a higher rainfall than previously forecast as the El Nino weather condition had eased.
Decks cleared for SBI Life Insurance IPO
Fri, May 12, 2017
State Bank of India (SBI) on Friday said that its Board has approved its initial public offering (IPO) of SBI Life Insurance Company.
Q4 result analysis: HDFC Bank vs Axis Bank vs ICICI Bank
Thu, May 04, 2017
Axis Bank and ICICI Bank registered GNPA of 5.04% and 7.89% respectively in Q4FY17 as against 6.10% and 8.60% respectively predicted by the experts.
Analysts say still like ICICI Bank
Thu, May 04, 2017
Analysts at HDFC Securities said,"The profit was salvaged by 10 % growth in net interest income, improved net interest margins (NIMs) and lower provisions."
ICICI Bank Q4 result: Here's what to expect
Tue, May 02, 2017
In the previous three quarters, ICICI Bank witnessed continuous decline in net profit, higher provisions, increasing gross non-performing assets which led to significant deterioration in asset quality and muted net interest income (NII) growth.
ICICI Lombard GIC's premium income rise to Rs 10, 700 crore in FY17
Fri, Apr 21, 2017
The company’s Solvency Ratio was at 2.10x against the minimum regulatory requirement of 1.5x.